Stockholders Equity

6 Months Ended

Jun. 30, 2012

Stockholders Equity [Abstract]

Stockholders Equity

5. Stockholders' Equity

Our Board of Directors (the "Board") has authorized a program to repurchase shares of our outstanding common stock ("Repurchase Program").  The purchases are to be made from time to time in the open market or directly from stockholders at prevailing market prices based on market conditions and other factors.  During the six months ended June 30, 2012, 325,970 shares were repurchased under the Repurchase Program and 107,041 shares not subject to the Repurchase Progam were withheld to satisfy tax withholding obligations for the vesting of restricted stock awards.  As of June 30, 2012, we were authorized to repurchase an additional 910,902 shares under the program.

The Board declared a quarterly dividend of $0.17 per share of common stock in the second quarter of 2012 and quarterly dividends of $0.15 per share of common stock in the first quarter of 2012 and the first two quarters of 2011, resulting in a total of $8.3 million and $8.0 million, respectively, in dividend payments made by Insperity during the first half of each year.