Stockholders' Equity

12 Months Ended

Dec. 31, 2011

Stockholders' Equity

Stockholders' Equity

(20) Stockholders' Equity

        The Company presently does not pay cash dividends on common stock as its policy is to retain earnings to finance the operations and expansion of its businesses as well as the repurchase of its common shares.

Stock Repurchase Program

        To facilitate its stock repurchase program, designed to return value to stockholders and minimize dilution from stock issuances, the Company repurchases shares in the open market. The table below summarizes the Company's share repurchases beginning January 1, 2009 under its Board of Directors' authorizations:

		Amount Authorized by Board (Shares in millions)				Shares Remaining Under Board Authorization (millions)		Shares Repurchased Under Board Authorization
				Total Shares Purchased (millions)
	Expiration Date
Repurchase Program Authorization Date								2011		2010		2009
July 2008	none		4.0		4.0		—		—		2.1		—
July 2010	none		4.0		4.0		—		2.9		1.1		—
October 2011	none		4.0		0.1		3.9		0.1		—		—
Total shares repurchased under authorization									3.0		3.2		—
Cost (millions)								$	38.9	$	50.3	$	—
Average share price								$	13.09	$	15.95	$	—

        The Company also repurchased approximately 0.3 million, 0.2 million and 0.1 million shares of common stock during 2011, 2010 and 2009, respectively, to satisfy the minimum statutory employee withholding tax upon the net settlement of equity awards.