EQUITY

3 Months Ended

Mar. 31, 2013

EQUITY

NOTE 12: EQUITY

In September 2012, we issued 60,855 shares of common stock as a final payment for a 2011 business acquisition.

During 2012, we reclassified the $10,764,000 stock election portion of our directors deferred compensation obligation from liability (current and noncurrent) to equity (capital in excess of par). The participants’ elections are irrevocable and the stock component must be settled in shares of our common stock.

There were no shares held in treasury as of March 31, 2013, December 31, 2012 and March 31, 2012. As of March 31, 2013, 3,411,416 shares may be repurchased under the current purchase authorization of our Board of Directors.