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Common And Preferred Stock | 3 Months Ended
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Mar. 31, 2012
Common And Preferred Stock [Abstract] |
Common And Preferred Stock | 13. Common and Preferred Stock On December 6, 2011, the Company announced that its Board of Directors increased the authorized level for repurchases of its common stock by approximately $50.0 million. The increased authorization will be added to the approximately $75.0 million that remains available from the existing authorization approved by the Board of Directors on April 21, 2008, resulting in a total authorized repurchase amount of $125.0 million. Since the inception of this program, the Company has purchased a total of 0.2 million shares at a cost of approximately $10.2 million. At March 31, 2012 and December 31, 2011, the Company had 150 million shares of authorized common stock, with a par value of $.01 per share, and 5 million shares of authorized preferred stock, with a par value of $.01 per share. No preferred stock was issued at March 31, 2012 and December 31, 2011.

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