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SUBSEQUENT EVENTS
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12 Months Ended |
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Dec. 31, 2014
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| SUBSEQUENT EVENTS [Abstract] | |
| SUBSEQUENT EVENTS |
20.SUBSEQUENT EVENTS
On January 30, 2014, the Company’s Board of Directors authorized a share repurchase program to purchase up to $65.0 million worth of the Company’s common stock on the open market or in privately negotiated transactions. The repurchase program is authorized through December 31, 2015. As of December 31, 2014, $52.5 million in shares have been repurchased, and an additional 102,843 shares at an average price of $23.17 have been repurchased from January 1, 2015 through February 24, 2015.
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- Details
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- Definition
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
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