REPURCHASES OF COMMON STOCK

3 Months Ended

Mar. 31, 2015

REPURCHASES OF COMMON STOCK [Abstract]

REPURCHASES OF COMMON STOCK

5. REPURCHASES OF COMMON STOCK

During the three-month periods ended March 31, 2015 and 2014, the Company repurchased 0.5 million and 0.3 million shares of its Class A common stock under its open market stock repurchase plan for $26.3 million and $25.0 million, respectively. As of March 31, 2015, $322.5 million was available for repurchases under the open market stock repurchase program