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Shareholders' Equity
3 Months Ended
Mar. 31, 2015
Shareholders’ Equity [Abstract]  
Shareholder's Equity

4. Shareholders’ Equity

The Company has announced authorizations by its Board of Directors of repurchases of shares of common stock, which in the aggregate authorized expenditures of up to $900,000. 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, 2015, the Company repurchased 34 shares of common stock under authorized programs, for a total cost of $23,249. The cumulative shares repurchased under authorized programs as of March 31, 2015 are 4,247 for a total cost of $721,335. As of March 31, 2015, $178,963 was available to repurchase shares under the current repurchase authorizations. 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.