Item 8.01 Other Events

On November 16, 2009, the Board of Directors of the Company adopted a stock repurchase program for up to $35,000,000 of the outstanding shares of its common stock, $.10 par value (the "Common Shares"), either in the open market or in privately negotiated transactions (the "Share Purchase Plan"). Such Common Shares may be purchased in whole or in part in any number of public or private transactions, on or before December 31, 2010. The purchase of Common Shares pursuant to the Share Purchase Plan will be made in accordance with federal securities laws and applicable Delaware corporate law. The timing and amount of the repurchase transactions under the program will depend on a variety of factors, including the trading price of the stock, market conditions and corporate and regulatory considerations.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits. Exhibit 99.1 Press Release issued by the Company dated November 16, 2009 announcing the adoption of the stock repurchase program.