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Stock Buy Back Plans
12 Months Ended
Dec. 31, 2015
Equity [Abstract]  
Stock Buy Back Plans

NOTE 16. Stock Buy Back Plans

On October 22, 2014, our Board of Directors authorized the purchase of up to $75.0 million of our Class A Common Stock. This authorization expired on December 31, 2015. We purchased 735,524 and 501,271 shares under this authorization during the years ended December 31, 2015 and 2014, respectively.  

We purchased 77,732 shares for $2.9 million and 80,772 shares for $3.2 million during the years ended December 31, 2015 and 2014, respectively, related to employee withholding upon vesting of restricted stock.

The following table displays the number of shares purchased during 2015 and the maximum value of shares that may yet be purchased under the plan:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Maximum Value of

 

 

Total

 

 

 

 

 

 

Total Number of

 

 

Shares that May Yet

 

 

Number of

 

 

Average

 

 

Shares Purchased as

 

 

Be Purchased Under

 

 

Shares

 

 

Price Paid

 

 

Part of Publicly

 

 

the Plan

 

 

Purchased

 

 

Per Share

 

 

Announced Plan

 

 

(in 000’s)

 

January 1 to January 31

 

-

 

 

$

-

 

 

 

-

 

 

$

56,977

 

February 1 to February 28

 

341,020

 

 

$

39.35

 

 

 

341,020

 

 

$

43,577

 

March 1 to March 31

 

-

 

 

$

-

 

 

 

-

 

 

$

43,577

 

April 1 to April 30

 

-

 

 

$

-

 

 

 

-

 

 

$

43,577

 

May 1 to May 31

 

-

 

 

$

-

 

 

 

-

 

 

$

43,577

 

June 1 to June 30

 

-

 

 

$

-

 

 

 

-

 

 

$

43,577

 

July 1 to July 31

 

114,352

 

 

$

38.58

 

 

 

114,352

 

 

$

39,145

 

August 1 to August 31

 

198,923

 

 

$

39.97

 

 

 

198,923

 

 

$

31,194

 

September 1 to September 30

 

81,229

 

 

$

37.43

 

 

 

81,229

 

 

$

28,154

 

October 1 to October 31

 

-

 

 

$

-

 

 

 

-

 

 

$

28,154

 

November 1 to November 30

 

-

 

 

$

-

 

 

 

-

 

 

$

28,154

 

December 1 to December 31

 

-

 

 

$

-

 

 

 

-

 

 

$

-

 

           Total

 

735,524

 

 

$

39.19

 

 

 

735,524

 

 

$

-

 

 

This table excludes 77,732 shares we purchased for $2.9 million during the year ended December 31, 2015 related to employee withholding upon vesting of restricted stock.