12.                Share Repurchase

On October 26, 2011, the Company’s board of directors re-authorized a repurchase of up to $50.0 million of the Company’s common stock, which could be made from time to time in open market transactions or privately negotiated transactions through December 31, 2012.  This repurchase plan does not obligate the Company to acquire any specific number of shares or acquire shares over any specified period of time. There were no shares purchased in first quarter 2012. As of April 15, 2012, there was an additional $47.7 million that may be purchased under this board authorized repurchase plan.  There were 397,530 shares repurchased under the then-current repurchase plan in first quarter 2011 with an average purchase price of $23.99 per share for a total of $9.5 million.  No repurchases occurred during the period ended April 15, 2012.