Shareholders' Equity

12 Months Ended

Dec. 31, 2016

Stockholders' Equity Note [Abstract]

Shareholders' Equity

Shareholders' Equity

Share count and par value data related to shareholders' equity are as follows:

	As of December 31,
	2016	2015
Preferred Stock
Par value per share	No par value	No par value
Shares authorized	25,000,000	25,000,000
Shares outstanding	—	—
Common Stock
Par value per share	No par value	No par value
Shares authorized	75,000,000	75,000,000
Shares issued	56,456,516	56,242,499
Shares outstanding	32,762,494	32,548,477
Treasury stock
Shares held	23,694,022	23,694,022

We use the cost method to account for our common stock purchases. During the year ended December 31, 2016, we did not purchase any shares of common stock under our board-authorized share repurchase program. For the year ended December 31, 2015, we purchased 984,382 shares of common stock for $18,088. Approximately $17,554 is available for future purchases.

A roll forward of common shares outstanding is as follows:

	As of December 31,
	2016	2015
Balance at beginning of the year	32,548,477	33,392,060
Repurchases	—	(984,382	)
Stock option issuances	—	5,200
Restricted stock unit issuances	214,017	135,599
Balance at end of period	32,762,494	32,548,477