Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity

v2.4.0.8
Stockholders' Equity
9 Months Ended
Sep. 30, 2013
Stockholders' Equity Note [Abstract]  
STOCKHOLDERS' EQUITY
NOTE 8 — STOCKHOLDERS’ EQUITY    
A summary of changes in shareholders’ equity is presented below: 
 
Nine Months Ended September 30, 2013
 
(In thousands)
 
Number of
Shares
 
Common
Stock
 
Additional
Paid-In
Capital
 
Retained
Earnings
 
Total
Balance at December 31, 2012
35,613

 
$
356

 
$
390,249

 
$
303,605

 
$
694,210

Net earnings

 

 

 
78,375

 
78,375

Exercise of stock options
335

 
3

 
11,222

 

 
11,225

Excess income tax benefit from stock-based awards

 

 
1,733

 

 
1,733

Equity award compensation expense

 

 
7,040

 

 
7,040

Issuance of restricted stock
283

 
3

 
(3
)
 

 

Non-controlling interest acquisition

 

 
(257
)
 

 
(257
)
Balance at September 30, 2013
36,231

 
$
362

 
$
409,984

 
$
381,980

 
$
792,326

 
 
Nine Months Ended September 30, 2012
 
(In thousands)
 
Number of
Shares
 
Common
Stock
 
Additional
Paid-In
Capital
 
Retained
Earnings
 
Treasury
Stock
 
Total
Balance at December 31, 2011
40,377

 
$
404

 
$
478,839

 
$
198,442

 
$
(188,773
)
 
$
488,912

Net earnings

 

 

 
10,035

 

 
10,035

Exercise of stock options
259

 
3

 
3,897

 

 

 
3,900

Equity award compensation expense

 

 
6,095

 

 

 
6,095

Issuance of restricted stock
200

 
2

 
(2
)
 

 

 

Issuance of stock (1)
2,645

 
26

 
87,099

 

 

 
87,125

Cancellation of treasury shares (2)
(7,891
)
 
(79
)
 
(188,694
)
 

 
188,773

 

Balance at September 30, 2012
35,590

 
356

 
387,234

 
208,477

 

 
596,067



(1) In July 2012, we issued a public offering of 2,645,000 shares of common stock, par value $0.01 per share, at a price to the public of $34.75 per share.

(2) During the third quarter of 2012, we canceled and retired all of our treasury shares. These shares remain as authorized and unissued shares.