XML 23 R6.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock [Member]
Preferred Stock [Member]
Additional Paid-In Capital [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Income [Member]
Treasury Stock [Member]
Beginning Balance at Dec. 31, 2012 $ 163,514 [1] $ 419 $ 1 $ 38,684 [1] $ 127,511   $ (3,101)
Beginning balance, shares at Dec. 31, 2012   41,889 108        
Stock option exercises (2,140) [1] $ 23   9,446 [1]     (11,609)
Stock option exercises, shares   2,330          
Grants and vesting of restricted stock (1,021) [1] $ 10   (10) [1]     (1,021)
Grants and vesting of restricted stock, shares   1,000          
Conversion of preferred stock   $ 4 $ (1) (3) [1]      
Conversion of preferred stock, shares   389 (78)        
Purchases of treasury stock (32,366) [1]           $ (32,366)
Purchases of treasury stock, shares             7,257
Retirement of treasury shares   $ (20)   (12,610) [1]     $ 12,630
Retirement of treasury shares, shares   (1,967)         1,967
Share-based compensation [1] 6,416     6,416      
Net income 58,977 [1]       58,977    
Change in net unrealized gains (losses) [2] (376) [1]         $ (376)  
Excess tax benefit (shortfall), net [1],[3] 359     359      
Declaration of dividends (17,754) [1]       (17,754)    
Ending Balance at Dec. 31, 2013 175,609 [1] $ 436   42,282 [1] 168,734 (376) $ (35,467)
Ending balance, shares at Dec. 31, 2013   43,641 30        
Stock option exercises (6,036) [1] $ 19   9,347 [1]     (15,402)
Stock option exercises, shares   1,900          
Grants and vesting of restricted stock (11,545) [1] $ 10   (10) [1]     (11,545)
Grants and vesting of restricted stock, shares   950          
Conversion of preferred stock   $ 1   (1) [1]      
Conversion of preferred stock, shares   65 (18)        
Purchases of treasury stock (29,736) [1]           $ (29,736)
Purchases of treasury stock, shares             2,392
Treasury shares reissued       (3,050) [1]     $ 3,050
Retirement of treasury shares   $ (18)   (26,929) [1]     $ 26,947
Retirement of treasury shares, shares   (1,787)         1,787
Share-based compensation [1] 12,342     12,342      
Net income 72,988 [1]       72,988    
Change in net unrealized gains (losses) [2] (1,459) [1]         (1,459)  
Excess tax benefit (shortfall), net [1],[3] 7,006     7,006      
Declaration of dividends (19,253) [1]       (19,253)    
Ending Balance at Dec. 31, 2014 [1] 199,916 $ 448   40,987 222,469 (1,835) $ (62,153)
Ending balance, shares at Dec. 31, 2014 [1]   44,769 12        
Stock option exercises $ (4,287) [1] $ 7   3,807 [1]     (8,101)
Stock option exercises, shares 751 751          
Grants and vesting of restricted stock $ (7,344) [1] $ 6   (6) [1]     (7,344)
Grants and vesting of restricted stock, shares   615          
Purchases of treasury stock (18,649) [1]           $ (18,649)
Purchases of treasury stock, shares     (2)       748
Retirement of treasury shares   $ (6)   (15,439) [1]     $ 15,445
Retirement of treasury shares, shares   (610)         610
Share-based compensation [1] 17,386     17,386      
Net income 106,484 [1]       106,484    
Change in net unrealized gains (losses) [2] (2,171) [1]         (2,171)  
Excess tax benefit (shortfall), net [1],[3] 5,310     5,310      
Declaration of dividends (22,297) [1]       (22,297)    
Ending Balance at Dec. 31, 2015 293,092 [1] $ 455   70,789 [1] $ 306,656 $ (4,006) $ (80,802)
Ending balance, shares at Dec. 31, 2015   45,525 10        
Purchase of preferred stock [1] (256)     (256)      
Reclassification of contingently redeemable common stock to common stock [1] $ 19,000     $ 19,000      
[1] See “—Note 8 (Stockholders’ Equity)” for an explanation of events subsequent to December 31, 2014 giving rise to pro-forma stockholders’ equity of $218.9 million as of December 31, 2014.
[2] Represents change in fair value of available for sale investments, net of tax benefit of $1,369 thousand, $916 thousand and $236 thousand in years ended December 31, 2015, 2014 and 2013, respectively.
[3] Excess tax benefits are related to share-based compensation.