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Subsequent Events
9 Months Ended
Sep. 30, 2013
Subsequent Events [Abstract]  
Subsequent Events

Note 11. Subsequent Events

On October 28, 2013, the Company’s Board of Directors declared a quarterly cash dividend of $0.08 per share, payable on December 27, 2013 to shareholders of record as of December 13, 2013. The Board intends to consider the payment of a regular cash dividend each calendar quarter.

 

On October 28, 2013, the Company’s Board of Directors voted to extend the current authorization of the Company’s share repurchase program from December 31, 2013 to December 31, 2014 and increase the authorization from $24.4 million to $25.0 million.