XML 41 R14.htm IDEA: XBRL DOCUMENT v2.4.0.8
SUBSEQUENT EVENT
9 Months Ended
Sep. 30, 2014
SUBSEQUENT EVENT
8. SUBSEQUENT EVENT

On October 27, 2014, the Company’s Board of Directors declared a special cash dividend of $0.50 per share, payable to stockholders of record as of November 7, 2014. The dividend, which is expected to total approximately $33.0 million based on the current number of shares outstanding, will be paid on November 20, 2014, out of the Company’s available cash. In addition, holders of performance-based restricted stock on the record date will accrue dividend equivalents that may be earned and become payable in the form of shares of common stock at the end of the respective performance period to the extent that the underlying shares of restricted stock are earned.