Shareholders' Equity

3 Months Ended

Mar. 31, 2016

Shareholders' Equity [Abstract]

Shareholders' Equity

NOTE 7: SHAREHOLDERS’ EQUITY

Stock Repurchase Program

On February 23, 2016, our Board of Directors approved our third stock repurchase program within the last two years.  The program became effective on March 11, 2016 (the “Effective Date”), upon the completion of the repurchase of all shares we were authorized to repurchase under the prior program.  Pursuant to the new stock repurchase program, up to 5.0% of the shares of our common stock outstanding as of the Effective Date, or approximately 970,000 shares, may be repurchased.  During the first quarter of 2016, we repurchased 803,546 shares for a total of $12.7 million, and since August 2014, we have repurchased 1,925,104 shares for a total of $31.4 million.