DIVIDENDS PER SHARE

3 Months Ended

Mar. 31, 2016

DIVIDENDS PER SHARE [Abstract]

DIVIDENDS PER SHARE

3.DIVIDENDS PER SHARE

In January 2016, the Company's board of directors declared a quarterly cash dividend of $0.355 per share.  This quarterly cash dividend of $19.8 million was paid on March 16, 2016 to stockholders of record on February 26, 2016.  [In April 2016, the Company's board of directors declared a quarterly cash dividend of $0.355 per share to be paid on June 8, 2016 to stockholders of record on May 27, 2016.]