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Shareholders' Equity
3 Months Ended
Mar. 31, 2014
Shareholders' Equity [Abstract]  
Shareholder's Equity

3. Shareholders’ Equity

Through March 31, 2014, the Company had announced authorizations by its Board of Directors of repurchases of shares of common stock, which in the aggregate authorized expenditures of up to $700,000. On April 17, 2014, the Company announced that its Board of Directors authorized the repurchase of up to an additional $100,000 to repurchase shares of common stock. Under the remaining repurchase authorization, shares may be purchased from time to time in open market transactions, subject to market conditions.

During the three months ended March 31, 2014, the Company repurchased 23 shares of common stock under authorized programs, for a total cost of $12,736. The cumulative shares repurchased under authorized programs as of March 31, 2014 are 4,083 for a total cost of $622,826. As of March 31, 2014, $77,467 was available to repurchase shares under the current repurchase authorization. The shares are being held in treasury stock until such time as they are reissued or retired at the discretion of the Board of Directors.