XML 33 R19.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Stock Repurchases | 12 Months Ended
--- | ---
Dec. 31, 2016
Equity [Abstract] |
Stock Repurchases | Stock Repurchases On August 2, 2016, the Board of Directors (the "Board") of the Company authorized a stock repurchase program providing for the repurchase of up to $50.0 million of the Company’s common stock (the “2016 Repurchase Program”). The 2016 Repurchase Program is in addition to the stock repurchase program approved by the Board on November 4, 2014 (the “2014 Repurchase Program”). As of December 31, 2016, the maximum dollar value of shares that may yet be purchased under the two repurchase programs was $54.9 million. The timing, price and volume of repurchases are to be based on market conditions, relevant securities laws and other factors. The stock repurchases may be made from time to time on the open market, in privately negotiated transactions or pursuant to a Rule 10b-18 plan, subject to the terms and conditions of that certain Credit Agreement, dated as of January 5, 2016, among the Company, the Lenders party thereto, and Wells Fargo Bank, National Association, as administrative agent. The stock repurchase program does not obligate the Company to repurchase any specific number of shares, and the Company may terminate or suspend the repurchase program at any time. During the twelve months ended December 31, 2016 the Company made no repurchases of its outstanding common stock. The following table summarizes the Company's stock repurchases during the twelve months ended December 31, 2015 and December 31, 2014, respectively:
|  | December 31, 2015 |  | December 31, 2014
|  | (In thousands, except per share data)
Total number of shares repurchased |  | 1,424 |  |  | 884 |
Dollar amount of shares repurchased |  | $ | 50,021 |  |  | $ | 24,091 |
Average price paid per share |  | $ | 35.13 |  |  | $ | 27.24 |

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_TreasuryStockTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration