Treasury Stock

6 Months Ended

Jun. 30, 2011

Treasury Stock

Treasury Stock

Note 8. Treasury Stock

In March 2010, the Company announced that its Board of Directors had approved a share repurchase program of its common stock. On November 4, 2010, the Company announced that its Board of Directors voted to renew the previously authorized share repurchase program by one year, to December 31, 2011. In addition, the Board authorized a new limit of up to $25 million effective October 1, 2010. There were no shares purchased during the three months ended June 30, 2011. During the six months ended June 30, 2011, 159,062 shares were purchased for $2.9 million, or an average price (including commissions) of $17.98 per share.