STOCK REPURCHASE PROGRAM

12 Months Ended

Dec. 31, 2012

STOCK REPURCHASE PROGRAM

STOCK REPURCHASE PROGRAM

NOTE 12 STOCK REPURCHASE PROGRAM

 The Company repurchased approximately 1.6 million and 2.1 million shares of its outstanding common stock in 2012 and 2011, respectively, at a total cost of $79.8 million and $102.6 million in 2012 and 2011, respectively. Shares repurchased are returned to Treasury Stock. The Company has a remaining authorization at December 31, 2012 to repurchase 2.0 million additional shares. The timing of and total amount expended for the share repurchase program will depend upon market conditions.