XML 74 R14.htm IDEA: XBRL DOCUMENT v2.4.0.8
COMMON SHARE REPURCHASE PROGRAM
6 Months Ended
Jun. 30, 2013
COMMON SHARE REPURCHASE PROGRAM  
COMMON SHARE REPURCHASE PROGRAM
COMMON SHARE REPURCHASE PROGRAM
As of June 30, 2013, the Company had a share repurchase program for up to 30 million of the Company’s common shares.  At management’s discretion, the Company repurchases its common shares from time to time in the open market, depending on market conditions, stock price and other factors.  During the three and six month periods ended June 30, 2013, the Company purchased an aggregate of 1,013,356 and 1,212,416 common shares, respectively, in the open market under this program.  As of June 30, 2013, there remained 2,129,957 common shares available for repurchase under this program.  The repurchased common shares remain in treasury and have not been retired.
In July 2013, the Company's Board of Directors authorized a new share repurchase program for up to an additional 15 million of the Company's common shares.