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Shareholders' Equity (Tables)
9 Months Ended
Sep. 30, 2015
Equity [Abstract]  
Summary of Changes in Shareholders' Equity

A summary of changes in shareholders’ equity is presented below:

 

 

 

Common

Stock

 

 

Additional

Paid-In

Capital

 

 

Retained

Earnings

 

 

Treasury

Stock

 

 

Deferred

Compensation

Trust

 

 

Deferred

Compensation

Liability

 

 

Total

 

Balance, December 31, 2014

 

$

206

 

 

$

1,325,495

 

 

$

4,887,187

 

 

$

(5,088,633

)

 

$

(17,333

)

 

$

17,333

 

 

$

1,124,255

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

 

 

 

 

 

 

 

248,923

 

 

 

 

 

 

 

 

 

 

 

 

248,923

 

Purchase of common stock for treasury

 

 

 

 

 

 

 

 

 

 

 

(263,446

)

 

 

 

 

 

 

 

 

(263,446

)

Equity-based compensation

 

 

 

 

 

39,874

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

39,874

 

Tax benefit from equity benefit plan

  activity

 

 

 

 

 

14,465

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

14,465

 

Proceeds from stock options exercised

 

 

 

 

 

76,419

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

76,419

 

Treasury stock issued upon option

  exercise and restricted share vesting

 

 

 

 

 

(36,039

)

 

 

 

 

 

36,039

 

 

 

 

 

 

 

 

 

 

Balance, September 30, 2015

 

$

206

 

 

$

1,420,214

 

 

$

5,136,110

 

 

$

(5,316,040

)

 

$

(17,333

)

 

$

17,333

 

 

$

1,240,490