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Shareholders' Equity (Tables)
9 Months Ended
Sep. 30, 2015
Stockholders' Equity Note [Abstract]  
Schedule of Shareholders' Equity
The following table summarizes the change in shareholders’ equity during the three and nine months ended September 30, 2015 and 2014, respectively:
 
Three months ended September 30,
 
Nine months ended September 30,
 
2015
 
2014
 
2015
 
2014
Balance at the beginning of the period
$
78,665

 
$
73,877

 
$
76,016

 
$
70,335

Net income during the period
2,417

 
1,594

 
5,204

 
2,962

Treasury stock purchased

 
(706
)
 

 
(1,872
)
Share-based compensation
193

 
98

 
648

 
266

Proceeds from employee stock purchase plan
40

 

 
40

 

Tax benefit - stock option exercise
20

 
2

 
49

 
92

Exercise of stock options
62

 
32

 
152

 
1,297

Dividends

 

 
(639
)
 

Stock issued for acquisitions

 

 

 
1,679

Unrealized gain or loss on investments, net of tax
17

 
(78
)
 
(5
)
 
60

Foreign currency translation adjustment
(8
)
 

 
(59
)
 

Balance at end of the period
$
81,406

 
$
74,819

 
$
81,406

 
$
74,819



On November 12, 2015, the Company announced a quarterly cash dividend of $0.05 per share to be paid on December 21, 2015 to shareholders of record as of December 4, 2015.