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Share Repurchase | 12 Months Ended
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Dec. 31, 2015
Equity [Abstract] |
SHAREHOLDERS' EQUITY | SHARE REPURCHASE On August 6, 2015, we initiated a share repurchase program of up to $100.0 million of the Company's capital stock. We initiated this program to mitigate potentially dilutive effects of stock options and shares of restricted stock granted by the Company, in addition to enhancing shareholder value. The share repurchase program has no expiration date, and may be suspended or discontinued at any time without notice. As of December 31, 2015, $60.0 million remained of our $100.0 million share repurchase program. We repurchased the following shares of common stock through our share repurchase program during the periods presented:
(Dollars in thousands) | December 31, 2015
Shares of capital stock repurchased | 727,573 |
Value of capital stock repurchased | $ | 39,993 |
No shares of capital stock were repurchased during 2014. All repurchases were made using cash from operations and cash on hand. Refer to Part II, Item 5 for further detail of the share repurchase program.

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- Definition The entire disclosure for treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock. + References No definition available. + Details
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