Quarterly report pursuant to Section 13 or 15(d)

Dividends

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Dividends
 3 Months Ended
Dec. 31, 2014
Dividends [Abstract]  
Dividends

Note 10 – Dividends

 

Beginning February 16, 2010, through May 7, 2014, the Company paid 18 quarterly cash dividends.  The first 9 were paid at a quarterly rate per share of $0.05 through February 9, 2012, 4 were paid at a quarterly rate per share of $0.06 from May 9, 2012 through February 6, 2013, and 5 were paid at a quarterly rate per share of $0.07 from May 8, 2013 through May 7, 2014.  Cumulative dividends paid totaled $29.4 million through September 30, 2014.  The Company paid cash dividends of approximately $2.0 million during the three months ended December 31, 2013.  On July 14, 2014, the Company announced that its Board of Directors has elected to suspend the payment of quarterly cash dividends in order to devote operating cash flows towards strategic growth initiatives.