Annual report pursuant to Section 13 and 15(d)

Share Repurchase Program

v3.6.0.2
Share Repurchase Program
12 Months Ended
Dec. 31, 2016
Share Repurchase Program  
Share Repurchase Program

18.  SHARE REPURCHASE PROGRAM

 

On March 1, 2016, our Board of Directors authorized a $50 million share repurchase program, which expired on February 28, 2017.

 

The following table sets forth our share repurchases:

 

 

 

 

 

 

 

Year Ended December 31,

 

 

2016

Number of shares purchased

 

 

673,626

Share repurchase cost (in thousands)

    

$

22,296

Average price per share

 

$

33.10