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Stockholders' Equity
12 Months Ended
Dec. 31, 2016
Stockholders' Equity Note [Abstract]  
Stockholders' Equity
Stockholders' Equity

Our certificate of incorporation has authorized 300,000,000 shares of common stock and 50,000,000 shares of preferred stock. No preferred stock was issued or outstanding as of December 31, 2016 and 2015. We had 43,519,647 and 43,412,660 shares of common stock issued and 38,352,574 and 38,825,687 shares of common stock outstanding as of December 31, 2016 and 2015, respectively. Each share of common stock entitles the holder to one vote on matters to be voted on by the stockholders of Boise Cascade.
    
Stock Repurchase

On February 25, 2015, our Board of Directors (Board) authorized a two million share repurchase program (Program) pursuant to which we may, from time to time, purchase shares of our common stock through various means including, without limitation, open market transactions, privately negotiated transactions, or accelerated share repurchase transactions. We are not obligated to purchase any shares and there is no set date that the Program will expire. The Board may increase or decrease the number of shares under the Program or terminate the Program in its discretion at any time. During 2016, we repurchased 580,100 shares under the Program at a cost of $10.3 million, or an average of $17.70 per share. During 2015, we repurchased 722,911 shares under the Program at a cost of $23.7 million, or $32.80 per share. The shares were purchased with cash on hand and are recorded as "Treasury stock" on our Consolidated Balance Sheet. As of December 31, 2016, there were 696,989 shares of common stock that may yet be purchased under the Program.

Accumulated Other Comprehensive Loss

Changes in accumulated other comprehensive loss are as follows:

 
 
Changes in Accumulated Other Comprehensive Loss
 
 
Year Ended December 31
 
 
2016
 
2015
 
2014
 
 
(thousands)
Beginning Balance, net of taxes
 
$
(93,015
)
 
$
(101,498
)
 
$
(55,249
)
Net actuarial gain (loss), current-period changes, before taxes
 
9,622

 
8,406

 
(75,016
)
Amortization of actuarial (gain) loss, amounts reclassified from accumulated other comprehensive loss, before taxes (a)
 
2,484

 
4,884

 
(23
)
Effect of settlements, amounts reclassified from accumulated other comprehensive loss, before taxes (a)
 
4,155

 
501

 

Income taxes
 
(6,258
)
 
(5,308
)
 
28,790

Ending Balance, net of taxes
 
$
(83,012
)
 
$
(93,015
)
 
$
(101,498
)

___________________________________ 
 
(a)
Represents amounts reclassified from accumulated other comprehensive loss. These amounts are included in the computation of net periodic pension cost. For additional information, see Note 9, Retirement and Benefit Plans.