Stockholders' Equity

12 Months Ended

Dec. 31, 2014

Stockholders' Equity

Stockholders' Equity

Note G — Stockholders’ Equity

We paid a quarterly dividend of 8.5 cents per share in each quarter of 2014.

During 2014, we repurchased 1.2 million shares of our common stock for $7.9 million under our stock repurchase programs that were publicly announced in August of 2014 and 2012.  Under the program announced in August 2014 our Board of Directors has authorized us to spend up to $20.0 million to repurchase shares of our outstanding common stock.  As of December 31, 2014, we had authorization to spend $16.1 million to repurchase additional shares under this program.

During 2014, we received 108,159 shares of our common stock, with an estimated market value of $0.8 million, in connection with vesting of unvested shares as shares are returned to treasury to pay for an awardee’s tax obligation.