Annual report pursuant to Section 13 and 15(d)

Shareholders' Equity

v2.4.0.6
Shareholders' Equity
12 Months Ended
Dec. 31, 2011
Shareholders' Equity [Abstract]  
Shareholders' Equity

Note 3. Shareholders' Equity

On February 2, 2011, we entered into an At-The-Market Equity Offering Sales Agreement with Stifel, Nicolaus & Company, Incorporated ("Stifel Nicolaus Weisel") pursuant to which we had the ability to issue and sell, from time to time over a 12-month period through or to Stifel Nicolaus Weisel, shares of our common stock having an aggregate offering price of up to $100.0 million (the "ATM program"). The ATM program was conducted pursuant to the Company's automatic shelf registration statement on Form S-3 (File No. 333-162709), filed by the Company on October 28, 2009 with the SEC, and a prospectus supplement, filed by the Company on February 2, 2011 with the SEC. Sales of the Company's common stock in the offering were made by means of ordinary brokers' transactions on the Nasdaq, in privately negotiated transactions, or otherwise at prevailing market prices at the time of sale. Set forth below is information regarding our ATM program from February 2, 2011 through December 31, 2011.

 

Period

   Aggregate
Number of
Shares Sold
     Aggregate
Gross
Proceeds
     Aggregate
Net Proceeds
     Average Sales
Price Per Share
 

First quarter 2011

     1,516,379       $ 49,575,000       $ 48,400,000       $ 32.69   

There were no subsequent issuances pursuant to the ATM program through February 2, 2012, which was the date on which the ATM program expired.