12.	Share repurchases

During the first quarter of 2015, the Company repurchased a total of 891 shares of its common stock for $70,063, or an average price of $78.60 per share. In addition, in April 2015, the Company repurchased a total of 176 shares of its common stock for $14,050, or an average price of $79.96 per share.

On April 14, 2015, the Company’s Board of Directors approved additional share repurchases in the amount of $725,944. These recently approved share repurchases are in addition to the $274,056 remaining under the Company’s Board of Directors’ prior share repurchase approval announced on November 4, 2010. As a result, the Company now has a total of $1,000,000 in outstanding authorizations available for share repurchases. These share repurchase authorizations have no expiration dates.