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COMMON STOCK REPURCHASE
3 Months Ended
Dec. 31, 2013
COMMON STOCK REPURCHASE  
COMMON STOCK REPURCHASE

10. COMMON STOCK REPURCHASE

 

During Q1 2014, the Company repurchased 25,057 shares of its common stock from an independent third party for cash totaling approximately $1.9 million.  All repurchased shares are recorded in treasury stock at cost.  Subsequent to the share repurchase, the Company’s Board of Directors reauthorized additional repurchases of up to 50,000 shares of its common stock.