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Common Stock and Treasury Stock
3 Months Ended
Mar. 31, 2012
Common Stock and Treasury Stock [Abstract]  
Common Stock and Treasury 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 March 31, 2012:

 

                 
    Common Stock Issued  
    Class A     Class B  
    (Shares in thousands)  

Balance, January 1, 2011

    4,770       598  

Conversion of shares

    1       (1
   

 

 

   

 

 

 

Balance, December 31, 2011

    4,771       597  

Conversion of shares

    —         —    
   

 

 

   

 

 

 

Balance, March 31, 2012

    4,771       597  
   

 

 

   

 

 

 

We have a Stock Buy-Back Program to allow us to purchase up to $60 million of our Class A Common Stock. From its inception in 1998 through March 31, 2012, we have repurchased 1,393,779 shares of our Class A Common Stock for approximately $45,756,000.