Common Stock Repurchase Program

6 Months Ended

Jun. 30, 2015

Common Stock Repurchase Program

3. Common Stock Repurchase Program

On January 28, 2015, the Company’s Board of Directors authorized the repurchase of up to two million shares of the Company’s common stock. Shares are effectively retired at the time of purchase. As of June 30, 2015, the Company had not yet repurchased any shares under the plan.