Stockholders' Equity

6 Months Ended

Jun. 30, 2012

Stockholders' Equity

4. Stockholders’ Equity

Changes in stockholders’ equity for the six-month period ended June 30, 2012, were as follows (in thousands):

	Shares Outstanding			Common Stock		Treasury Stock			Retained Earnings			Accumulated Other Comprehensive Loss			Total Stockholders’ Equity
Balance as of December 31, 2011		27,290		$	16,169	$	(2,524	)	$	128,772		$	(15,601	)	$	126,816
Net income		—			—		—			27,770			—			27,770
Common stock issued from treasury stock		195			—		97			3,067			—			3,164
Common stock repurchased		(1,373	)		—		(686	)		(49,339	)		—			(50,025	)
Excess tax benefits from share-based awards		—			—		—			554			—			554
Non-cash share-based compensation		—			—		—			4,377			—			4,377
Dividends declared		—			—		—			(5,337	)		—			(5,337	)
Other comprehensive income		—			—		—			—			369			369
Balance as of June 30, 2012		26,112		$	16,169	$	(3,113	)	$	109,864		$	(15,232	)	$	107,688

A quarterly cash dividend of $0.10 per common share was paid to stockholders on July 2, 2012.