STOCKHOLDERS' EQUITY

3 Months Ended

Mar. 31, 2019

Stockholders' Equity Attributable to Parent [Abstract]

Stockholders' Equity

STOCKHOLDERS' EQUITY

On July 30, 2015, the Company announced that its Board authorized the repurchase of up to $10,000 of the Company's common stock. The Company intends to make purchases from time to time as market conditions warrant. This authorization does not expire. During the three months ended March 31,2019, the Company repurchased 106,298 shares on the open market for $154. No purchases of shares were made during the same period last year. As of March 31, 2019, under the July 30, 2015 authorization, the Company had repurchased 3,890,511 shares for a total cost of $7,733.

In addition to the shares repurchased above under the $10,000 authorization plan, on February 22, 2019, the Company commenced a tender offer to purchase up to 3,150,000 shares of the Company’s common stock, par value $0.001 per share, at a purchase price of $1.50 per share.  The tender offer expired on Friday, March 22, 2019. In accordance with the terms and conditions of the tender offer, the Company acquired 2,468,628 shares for an aggregate cost of $3,703, excluding fees and expenses of $125.