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Common Stock and Treasury Stock
6 Months Ended
Jun. 30, 2016
Stockholders' Equity Note [Abstract]  
Common Stock
4. Common Stock and Treasury Stock
 
The following summarizes information relating to the number of shares of our common stock issued in connection with stock transactions through June 30, 2016:
 
 
 
Common Stock Issued
 
 
 
Class A
 
Class B
 
 
 
(Shares in thousands)
 
Balance, January 1, 2015
 
 
6,446
 
 
843
 
Exercised options
 
 
93
 
 
32
 
Conversion of shares
 
 
40
 
 
(40)
 
Issuance of restricted stock
 
 
26
 
 
30
 
Forfeiture of restricted stock
 
 
(2)
 
 
 
Balance, December 31, 2015
 
 
6,603
 
 
865
 
Balance, June 30, 2016
 
 
6,603
 
 
865
 
 
We have a Stock Buy-Back Program to allow us to purchase up to $75.8 million of our Class A Common Stock. As of June 30, 2016 we have remaining authorization of $24.9 million for future repurchases of our Class A Common Stock.