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Subsequent Events
9 Months Ended
Sep. 30, 2016
Subsequent Events [Abstract]  
Subsequent Events

Note 10. Subsequent Events

On October 25, 2016, the Company’s Board of Directors declared a quarterly cash dividend of $0.18 per share payable on December 29, 2016 to shareholders of record as of December 15, 2016. The Board considers the payment of a regular cash dividend each calendar quarter.

On October 25, 2016, the Company’s Board of Directors declared an extraordinary cash dividend of $3.25 per share payable on December 29, 2016 to shareholders of record on December 15, 2016.

On October 25, 2016, the Company’s Board of Directors reauthorized the share repurchase program with a limit of $25.0 million.