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Stockholders' Equity
 12 Months Ended
Dec. 31, 2013
Stockholders' Equity Note [Abstract]  
Stockholders' Equity
10.
Stockholders’ Equity

Repurchase Program

Our Board of Directors (the “Board”) has authorized a program to repurchase up to 15,500,000 shares of our outstanding common stock (“Repurchase Program”).  The purchases are to be made from time to time in the open market or directly from stockholders at prevailing market prices based on market conditions or other factors.  We repurchased 479,903 shares under the Repurchase Program during 2013.  In addition, 116,931 shares were withheld during 2013 to satisfy tax withholding obligations for the vesting of restricted stock awards.  These purchases are not subject to the Repurchase Program.  During 2012, we repurchased 407,400 shares under the Repurchase Program and 107,293 shares were withheld to satisfy tax withholding obligations for the vesting of restricted stock awards.  As of December 31, 2013, we were authorized to repurchase an additional 1,349,569 shares under the Repurchase Program.  Shares repurchased under the Repurchase Program and shares withheld to satisfy tax withholding obligations for the vesting of restricted stock awards are recorded in treasury.

Dividends

The Board declared quarterly dividends in 2013 and 2012 as follows:
 
 
2013
 
2012
 
 
 
(amounts per share)
 
First quarter
 
$
0.17

 
$
0.15

 
Second quarter
 
0.17

 
0.17

 
Third quarter
 
0.17

 
0.17

 
Fourth quarter
 
0.17

 
1.17

(1) 
____________________________________

(1)    Includes a $1.00 per share special dividend
    
During 2013 and 2012, we paid a total of $17.4 million and $42.7 million, respectively in dividends.

Tender Offer for Common Stock

In November 2012, we commenced a modified “Dutch auction” tender offer to purchase up to $50 million in value of our common stock at a price not less than $27.00 per share and not more than $31.00 per share.  The tender offer period expired on December 21, 2012, resulting in the repurchase of 80,983 shares at a per share price of $31.00 and an aggregate price of $3.2 million, including transaction costs.  The shares were immediately retired.

Preferred Stock

At December 31, 2013, 20 million shares of preferred stock were authorized, of which 600,000 shares were designated as Series A Junior Participating Preferred Stock that is reserved for issuance on exercise of preferred stock purchase rights under our Share Purchase Rights Plan (the “Rights Plan”).  Each issued share of our common stock has one preferred stock purchase right attached to it.  No preferred shares have been issued and the rights are not currently exercisable.  The Rights Plan expires on November 13, 2017.