DIVIDENDS PER SHARE

3 Months Ended

Mar. 31, 2014

DIVIDENDS PER SHARE [Abstract]

DIVIDENDS PER SHARE

3. DIVIDENDS PER SHARE

In March 2014, the Company's board of directors declared a quarterly cash dividend of $0.345 per share. This quarterly cash dividend totaling $20.1 million was paid on March 26, 2014, to stockholders of record on March 14, 2014. In May 2014, the Company's board of directors declared a quarterly cash dividend of $0.345 per share to be paid June 11, 2014 to stockholders of record on May 23, 2014.