v2.4.1.9
Stockholders' Equity
3 Months Ended
Mar. 31, 2015
Equity [Abstract]  
Stockholders' Equity
STOCKHOLDERS’ EQUITY
On November 10, 2006, the Board of Directors approved a stock repurchase program authorizing the Company to repurchase up to an authorized amount of shares of its common stock on the open market or through privately negotiated transactions at prices determined by the President of the Company during the term of the program. The Company’s Board of Directors has authorized several increases and annual extensions of this stock repurchase program. As of March 31, 2015, the repurchase authorization had 1,225,750 shares remaining authorized through March 31, 2016. The Company did not repurchase any shares of its stock in the first quarter of 2015 or 2014. Other than net income, there was no material change in stockholders equity during the first quarter of 2015 or 2014.