Repurchases Of Common Stock

3 Months Ended

Sep. 30, 2013

Repurchases Of Common Stock [Abstract]

Repurchases Of Common Stock

NOTE 13. REPURCHASES OF COMMON STOCK

     The Company has an existing stock repurchase program pursuant to which the Company's board of directors has authorized the repurchase of $120 million of Common Stock and that is currently scheduled to expire on November 30, 2014.

     During the three months ended September 30, 2013, the Company purchased 145,508 shares of common stock on the open market under the stock repurchase program at an average price of $34.74 per share and at a cost of $5.1 million, including sales commissions. As of September 30, 2013, the Company has repurchased 4,507,603 shares of common stock on the open market under the stock repurchase program since its inception in November 2005, at an average price of $18.85 per share and at a cost of approximately $85.0 million, including sales commissions, leaving approximately $35.0 million available for additional repurchases under the program. The acquisition of these shares by the Company was accounted for under the treasury method.