Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2013

The following table provides certain information for each series of convertible preferred stock as of the periods presented (in thousands, except conversion factor):


	As of December 31, 2013						As of December 31, 2012
	Series A		Series M		Total		Series A		Series M		Total
Shares issued and outstanding		20		10		30		20		88		108
Conversion factor		2.50		5.00		NM		2.50		5.00		NM
Common shares resulting if converted		50		50		100		50		438		488

Activity Relating to Common Shares

The following table summarizes the activity relating to shares of the Company’s Common Stock during the periods presented (in thousands):


	Issued Shares			Treasury Shares			Outstanding Shares
Balance, as of December 31, 2010		40,407			(1,019	)		39,388

Options exercised		160			—			160
Shares cancelled		(70	)		70			—
Restricted stock grant		600			—			600
Shares acquired through cashless exercise (1)		—			(70	)		(70	)
Other adjustments		3			1			4

Balance, as of December 31, 2011		41,100			(1,018	)		40,082

Options exercised		285			0			285
Shares cancelled		(146	)		146			—
Restricted stock grant		650			—			650
Shares acquired through cashless exercise (1)					(146	)		(146	)

Balance, as of December 31, 2012		41,889			(1,018	)		40,871

Conversion of preferred stock		389			—			389
Shares repurchased		—			(7,257	)		(7,257	)
Options exercised		2,330			—			2,330
Shares cancelled		(1,967	)		1,967			—
Restricted stock grant		1,000			—			1,000
Shares acquired through cashless exercise (1)					(1,967	)		(1,967	)

Balance, as of December 31, 2013		43,641			(8,275	)		35,366

(1)	All shares acquired represent shares tendered to cover the strike price for options and tax withholdings on the intrinsic value of options exercised or restricted stock vested. These shares have been cancelled by the Company.

Summary of Dividends Declared on its Outstanding Shares of Common Stock to its Shareholders

The Company declared dividends on its outstanding shares of common stock to its shareholders of record as follows for the periods presented (in thousands, except per share amounts):


	For the year ended December 31,
	2013				2012				2011
	Per Share		Aggregate		Per Share		Aggregate		Per Share		Aggregate
	Amount		Amount		Amount		Amount		Amount		Amount
First Quarter	$	0.08	$	3,259	$	0.10	$	4,012	$	0.10	$	3,939
Second Quarter	$	0.08	$	2,821	$	0.08	$	3,214	$	—	$	—
Third Quarter	$	0.10	$	3,511	$	0.08	$	3,270	$	0.08	$	3,199
Fourth Quarter	$	0.23	$	8,134	$	0.20	$	8,174	$	0.14	$	5,611