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Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2014
Equity [Abstract]  
Activity Relating to Common Shares

The following table summarizes the activity relating to shares of the Company’s common stock during the six months ended June 30, 2014 (in thousands):

 

     Issued
Shares
    Treasury
Shares
    Outstanding
Shares
 

Balance, as of December 31, 2013

     43,641        (8,275     35,366   
  

 

 

   

 

 

   

 

 

 

Conversion of preferred stock

     65        —          65   

Shares repurchased

     —          (1,672     (1,672

Options exercised

     1,725        —          1,725   

Restricted stocks grants

     950        —          950   

Shares acquired through cashless exercise (1)

     —          (1,446     (1,446

Shares cancelled

     (1,446     1,446        —     
  

 

 

   

 

 

   

 

 

 

Balance, as of June 30, 2014

     44,935        (9,947     34,988   
  

 

 

   

 

 

   

 

 

 

 

(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.