Item 8.01. Other Events

On November 13, 2009, the Company's Board of Directors authorized the Company to repurchase up to 5,000,000 shares of its common stock from time to time during the period beginning on January 1, 2010 and ending on December 31, 2010. Stock repurchases will be made in the open market, in privately negotiated transactions, or in Rule 10b5-1 share repurchase plans, and may be made from time to time or in one or more larger blocks. The program will be conducted in compliance with the Securities and Exchange Commission's Rule 10b-18 and applicable legal requirements and the timing of the repurchases and the number of shares to be repurchased at any given time will depend on market conditions, Securities and Exchange Commission regulations and other factors. The program does not obligate the Company to acquire any particular amount of common stock and the program may be modified or suspended at any time at the Company's discretion.

This new authorization is in addition to the 8,000,000 share repurchase authorization approved by the Company's Board of Directors in November 2008, which expires December 31, 2009 and pursuant to which the Company has repurchased shares of its common stock from time to time during the calendar year.

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