XML 28 R16.htm IDEA: XBRL DOCUMENT v3.3.1.900
COMMON STOCK REPURCHASE
3 Months Ended
Dec. 31, 2015
COMMON STOCK REPURCHASE  
COMMON STOCK REPURCHASE

10. COMMON STOCK REPURCHASE

 

During Q1 2016, the Company repurchased 25,402 shares of its common stock from independent third parties in privately negotiated transactions for cash totaling approximately $2.2 million. All repurchased shares are recorded in treasury stock at cost. During Q1 2016, the Company’s Board of Directors also reauthorized additional common stock repurchases up to 50,000 shares.