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Equity Transactions (Notes)
 9 Months Ended
Sep. 30, 2011
EQUITY TRANSACTIONS: [Abstract]  
Stockholders' Equity Note Disclosure [Text Block]
EQUITY TRANSACTIONS
Repurchase of Common Stock
In March 2009, our Board of Directors authorized a $100.0 million share repurchase program (the “2009 Repurchase Program”). The Company may repurchase shares under the 2009 Repurchase Program through open market purchases, pre-arranged trading plans, or privately negotiated purchases. During 2009, we repurchased 1.0 million shares for $25.0 million under the 2009 Repurchase Program. We made no share repurchases during 2010 or 2011. From January 1, 2012 through February 24, 2012, we repurchased 0.6 million shares for $23.6 million, bringing the cumulative repurchase total under the 2009 Repurchase Program to 1.6 million shares at a cost of $48.6 million.
Dividends
Prior to 2011, we had not paid any cash dividends on our shares of common stock. In fourth quarter 2010, our Board of Directors approved the Company’s initial dividend policy and declared the first quarterly cash dividend of $0.10 per share. Cash dividends on outstanding common stock declared in 2011 and 2010 were as follows (in thousands, except per share data):
2011
Per Share
 
Total
 
Cumulative by Fiscal Year
First quarter
$
0.10

 
$
4,535

 
$
4,535

Second quarter
0.10

 
4,540

 
9,075

Third quarter
0.10

 
4,549

 
13,624

Fourth quarter
0.10

 
4,570

 
18,194

 
$
0.40

 
$
18,194

 
 
 
 
 
 
 
 
2010
 
 
 
 
 
First quarter
$
—

 
$
—

 
$
—

Second quarter
—

 
—

 
—

Third quarter
—

 
—

 
—

Fourth quarter
0.10

 
4,526

 
4,526

 
$
0.10

 
$
4,526

 
 

Common Stock Warrants
On March 29, 2011 and March 30, 2011, we entered into privately negotiated warrant transactions with Barclays Bank PLC, through its agent, Barclays Capital Inc., whereby we sold to Barclays Bank PLC warrants to acquire, subject to customary anti-dilution adjustments, approximately 3.5 million and approximately 0.5 million shares of our common stock, respectively, at a strike price of $66.3528 per share, also subject to adjustment. The warrants become exercisable in tranches starting in June 2016. In consideration for the warrants issued on March 29, 2011 and March 30, 2011, the Company received $27.6 million and $4.1 million, respectively, on April 4, 2011.