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Treasury Stock
 9 Months Ended
Sep. 30, 2024
Equity [Abstract]  
Treasury Stock Treasury Stock
From time to time, our Board of Directors authorizes management to repurchase shares of our issued and outstanding common stock. On October 26, 2023, our Board approved a share repurchase program with an effective date of November 7, 2023 (the "October 2023 Program"). Pursuant to the October 2023 Program, we are authorized to repurchase up to 1,000,000 shares of our common stock. At September 30, 2024, we had 778,362 shares available for repurchase under the October 2023 Program. Per the terms of the October 2023 Program, we may utilize various methods to effect the repurchases, including open market repurchases, negotiated block transactions, accelerated share repurchases or open market solicitations for shares, some or all of which could be effected through Rule 10b5-1 plans.

We also repurchase shares of our issued and outstanding common stock to satisfy the cost of stock option exercises and/or income tax withholding obligations relating to the stock-based compensation of our employees and directors.
Repurchased shares of our common stock were as follows:
Nine Months Ended September 30,
(In thousands)20242023
Open market shares repurchased122 — 
Stock-based compensation related shares repurchased79 61 
Total shares repurchased201 61 
Cost of open market shares repurchased$1,109 $— 
Cost of stock-based compensation related shares repurchased787 888 
Total cost of shares repurchased$1,896 $888 

Repurchased shares are recorded as shares held in treasury at cost. We hold these shares for future use as management and the Board of Directors deem appropriate.