DIVIDENDS PER SHARE

3 Months Ended

Mar. 31, 2017

DIVIDENDS PER SHARE [Abstract]

DIVIDENDS PER SHARE

3.DIVIDENDS PER SHARE

In February 2017, the Company's board of directors declared a quarterly cash dividend of $0.36 per share.  This quarterly cash dividend of $19.0 million was paid on March 15, 2017 to stockholders of record on February 27, 2017.  In May 2017, the Company's board of directors declared a quarterly cash dividend of $0.36 per share to be paid on June 14, 2017 to stockholders of record on May 26, 2017.