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Stock Buy Back Plans
 12 Months Ended
Dec. 31, 2012
Stock Buy Back Plans

NOTE 17. Stock Buy Back Plans

On November 26, 2012, our Board of Directors authorized the purchase of up to $25.0 million of our Class A Common Stock. This authorization expires on December 31, 2013. We purchased 347,592 shares under this authorization during the year ended December 31, 2012. We purchased 55,463 shares for $1.8 million and 43,247 shares for $1.5 million during the years ended December 31, 2012 and 2011, respectively, related to employee withholding upon vesting of restricted stock.

The following table displays the number of shares purchased during 2012 and the maximum value of shares that may yet be purchased under the plan:

 

     Total
Number
of Shares
Purchased		      Average
Price Paid
Per Share		      Total Number of
Shares Purchased as
Part of Publicly
Announced Plan		      Maximum Value of
Shares that May Yet
Be Purchased Under
the Plan
(in 000’s)		  

November 26 to December 31

      347,592       $ 32.25         347,592       $ 13,791   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

      347,592       $ 32.25         347,592       $ 13,791   
  

 

 

     

 

 

     

 

 

     

 

 

  

This table excludes 55,463 shares we purchased for $1.8 million during the year ended December 31, 2012 related to employee withholding upon vesting of restricted stock.