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Repurchases of Common Stock (Tables)

6 Months Ended

Jun. 30, 2014

Class of Stock Disclosures [Abstract]

Schedule of Treasury Stock by Class [Table Text Block]

The following table presents a summary of our authorized stock repurchase balance:



Dollars in thousands	Board Authorization
Authorized repurchase - as of January 1, 2014 ⁽¹⁾	$	201,291
Additional board authorization ⁽¹⁾	500,000
Proceeds from the exercise of stock options	2,790
Repurchase of common stock from open market	(99,995		)
Repurchase from tender offer ⁽²⁾	(370,789		)
Authorized repurchase - as of June 30, 2014 ⁽¹⁾	$	233,297


(1)	In addition to these amounts, the repurchase program approved by our Board of Directors allows for the use of cash proceeds received from the exercise of stock options by our officers, directors, and employees.


(2)	Excludes expenses of $3.8 million associated with the tender offer.