Share Repurchase

9 Months Ended

Sep. 30, 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 September 30, 2016, $52.0 million remained to repurchase under the Program.

We repurchased the following shares of common stock during the three and nine months ended September 30, 2016:

(Dollars in thousands)	Quarter Ended September 30, 2016		Nine Months Ended September 30, 2016
Shares of capital stock repurchased	70,857		140,498
Value of capital stock repurchased	$	3,997	$	7,995

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