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STOCK REPURCHASES
6 Months Ended
Jun. 30, 2012
Treasury Stock [Abstract]  
STOCK REPURCHASES

NOTE 8 - STOCK REPURCHASES

 

In the first quarter of 2011 the Company repurchased shares of its common stock. Details of these purchases are as follows:

 

 

 

 

 

 

 

 

Period

 

 

 

 

Total Number of Shares Purchased

 

 

 

 

 

Average Price Paid Per Share

Total Number of Shares Purchased as Part of Publicly Announced Program Maximum Dollar Value of Shares that May Yet Be Purchased Under the Program
1/4/11-1/29/11 133,400 $14.94 133,400  
Total 133,400 $14.94 133,400 $8,000,000

 

These purchases were made with cash held by the Company and no debt was incurred.

 

During the six months ended June 30, 2012, the Company did not repurchase any shares of its common stock.