Stock Buyback Program

12 Months Ended

Dec. 31, 2011

Stock Buyback Program [Abstract]

Stock Buyback Program

Note 14 — Stock Buyback Program

In June 2009, we announced that we intended to purchase up to 1.5 million shares of our common stock plus an amount equal to additional shares of our common stock granted under our stock-based compensation plans (Note 12) as permitted under our Credit Agreement (Note 9).  Our Board of Directors had previously granted us the authority to repurchase shares of our common stock in an amount equal to any equity based grants made pursuant to our stock-based compensation plans.  We may continue to make repurchases pursuant to this authority from time to time as additional equity based grants are made under our stock based compensation plans depending on prevailing market conditions and other factors.  All repurchases may be commenced or suspended at any time at the discretion of management.   In early October 2011, we purchased the remaining 497,412 shares then available under this plan for $6.5 million or an average of $13.07 per share.  As of December 31, 2011, we had repurchased a total of 2,473,730 shares of our common stock for $30.5 million or an average of $12.34 per share.  We retire all repurchased shares.