COMMON STOCK REPURCHASES AND CASH DIVIDENDS:

Common Stock Repurchases

In the six months ended June 30, 2016, the Company purchased approximately 146,000 shares of the Company’s common stock for $6.4 million. As of June 30, 2016, the Company had approximately $23.6 million remaining under the repurchase program, which has no expiration date. Authorization of future repurchase programs is at the discretion of the board of directors and will depend on the Company’s financial condition, results of operations, capital requirements, business conditions and other factors.

Cash Dividends

In January 2016, the Company’s board of directors declared four quarterly cash dividends in the amount of $0.13 per share to be paid to stockholders of record at the end of each quarter in 2016.



	Three Months Ended				Six Months Ended
(In thousands, except per share amounts)	June 30, 2016		June 30, 2015		June 30, 2016		June 30, 2015
Dividends declared and paid	$	3,754	$	3,529	$	7,483	$	7,048
Dividends declared per common share	$	0.13	$	0.12	$	0.26	$	0.24