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Stockholders' Equity (Tables)
9 Months Ended
Sep. 30, 2014
Equity [Abstract]  
Cash Dividends

The Company paid cash dividends during the nine months ended September 30, 2014 and 2013 as follows:

2013:

Per Share

 

 

Total

 

 

 

 

 

 

(in thousands)

 

Paid on March 29, 2013

$

0.05

 

 

$

7,312

 

Paid on June 28, 2013

 

0.05

 

 

 

7,361

 

Paid on September 30, 2013

 

0.05

 

 

 

7,231

 

Total cash dividends

$

0.15

 

 

$

21,904

 

 

2014:

Per Share

 

 

Total

 

 

 

 

 

 

(in thousands)

 

Paid on March 27, 2014

$

0.10

 

 

$

14,456

 

Paid on June 26, 2014

 

0.10

 

 

 

14,562

 

Paid on September 24, 2014

 

0.10

 

 

 

14,634

 

Total cash dividends

$

0.30

 

 

$

43,652

 

 

Treasury Stock Acquisition

Treasury stock acquisitions during the nine months ended September 30, 2014 were as follows (dollars in thousands):

 

 

September 30, 2014

 

 

Shares

 

 

Cost

 

Treasury shares at beginning of period

 

42,268,057

 

 

$

880,888

 

Acquisitions pursuant to long-term incentive plans

 

536,630

 

 

 

17,681

 

Purchases pursuant to the 2013 buyback program

 

13,898

 

 

 

466

 

Treasury shares at end of period

 

42,818,585

 

 

$

899,035