Stockholders' Equity

9 Months Ended

Sep. 30, 2012

Stockholders' Equity

4. Stockholders’ Equity

Changes in stockholders’ equity for the nine-month period ended September 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		—			—		—			43,557			—			43,557
Common stock issued from treasury stock		243			—		121			3,711			—			3,832
Common stock repurchased		(1,373	)		—		(686	)		(49,339	)		—			(50,025	)
Excess tax benefits from share-based awards		—			—		—			775			—			775
Non-cash share-based compensation		—			—		—			6,779			—			6,779
Dividends declared		—			—		—			(7,951	)		—			(7,951	)
Other comprehensive income		—			—		—			—			939			939
Balance as of September 30, 2012		26,160		$	16,169	$	(3,089	)	$	126,304		$	(14,662	)	$	124,722

A quarterly cash dividend of $0.10 per common share was paid to stockholders on October 1, 2012.