SHAREHOLDERS EQUITY

12 Months Ended

Dec. 31, 2017

Stockholders' Equity Note [Abstract]

SHAREHOLDERS EQUITY

Common Stock

The Company is authorized to issue up to 100,000,000 shares of common stock with a par value of one cent per share.

Preferred Stock

The Company is authorized to issue up to 5,000,000 shares of undesignated preferred stock with a par value of one cent per share and which can be issued in one or more series. The terms, price and conditions of the preferred shares will be set by the board of directors. No shares of preferred stock have been issued.

Dividends

The Company has paid consecutive quarterly cash dividends since May 2011. Dividend payments made for 2017, 2016 and 2015 were as follows:

Payment	Record Date	Payment Date	Dividend (per share)		Amount

Q1 2015	March 20, 2015	March 23, 2015	$	0.16	$	1,809
Q2 2015	June 15, 2015	June 19, 2015		0.16		1,814
Q3 2015	September 14, 2015	September 21, 2015		0.16		1,815
Q4 2015	December 7, 2015	December 11, 2015		0.16		1,815
Total for 2015			$	0.64	$	7,253

Q1 2016	March 21, 2016	March 28, 2016	$	0.17	$	1,929
Q2 2016	June 13, 2016	June 20, 2016		0.17		1,929
Q3 2016	September 12, 2016	September 19, 2016		0.17		1,928
Q4 2016	December 5, 2016	December 12, 2016		0.17		1,929
Total for 2016			$	0.68	$	7,715

Q1 2017	March 27, 2017	April 3, 2017	$	0.18	$	2,043
Q2 2017	June 13, 2017	June 20, 2017		0.18		2,048
Q3 2017	September 11, 2017	September 18, 2017		0.18		2,048
Q4 2017	December 4, 2017	December 11, 2017		0.18		2,049
Total for 2017			$	0.72	$	8,188