Capital Stock

12 Months Ended

Dec. 31, 2015

Capital Stock [Abstract]

Capital Stock

Capital Stock

Stock Repurchase Plan

The Company's share repurchase program allows for the purchase of up to 1,400,000 shares of the Company's common stock. At December 31, 2015, 1,092,580 shares of common stock were available for repurchase under the plan. There is no expiration date on the program. Any future repurchases under the plan will be made at management's discretion and will depend on market conditions and other factors.

Reverse Stock Split

On August 4, 2015, the Company effected a 1-for-10 reverse stock split of our common stock. Each stockholder's percentage ownership and proportional voting power remain unchanged as a result of the reverse stock split. All applicable share data, per share amounts and related information in the Consolidated Financial Statements and notes thereto have been adjusted retroactively to give effect to the 1-for-10 reverse stock split.