XML 31 R14.htm IDEA: XBRL DOCUMENT v2.4.0.8
Common Stock Repurchase Program
9 Months Ended
Sep. 30, 2013
Text Block [Abstract]  
Common Stock Repurchase Program
9. Common Stock Repurchase Program:

In July 2013, the Company’s Board of Directors authorized the repurchase of shares of the Company’s common stock up to an amount sufficient to offset the dilutive impact from the issuance of shares under the Stock Incentive Plans and Non-Qualified Plan. The share repurchase program allows the Company to make open market purchases from time-to-time based on general economic and market conditions and trading restrictions. During the three months ended September 30, 2013, the Company repurchased approximately 528,000 shares of its common stock for approximately $51.9 million.