Share Repurchase

3 Months Ended

Mar. 31, 2016

Equity [Abstract]

Share Repurchase

Share Repurchase

On August 6, 2015, we initiated a share repurchase program (the "Program") of up to $100.0 million of the Company's capital stock. The Program has no expiration date, and may be suspended or discontinued at any time without notice. As of March 31, 2016, $58.0 million remained to repurchase under the Program.

We repurchased the following shares of common stock during the quarter ended March 31, 2016:

(Dollars in thousands)	Quarter Ended March 31, 2016
Shares of capital stock repurchased	37,967
Value of capital stock repurchased	$	1,997

All repurchases were made using cash from operations and cash on hand. Refer to Part II, Item 2 for further detail of the Program.