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COMMON STOCK AND SHARE REPURCHASES
 6 Months Ended
Jun. 30, 2024
Equity [Abstract]  
COMMON STOCK AND SHARE REPURCHASES COMMON STOCK AND SHARE REPURCHASES
The following is a summary of changes in outstanding common stock for the period indicated (in thousands):

Common stock
Common stock outstanding at December 31, 2023
16,177.2 
Common stock issued related to stock compensation expense(1)
77.3 
Total number of shares purchased
(465.8)
Common stock outstanding at June 30, 2024
15,788.7 
(1) The number of common stock issued represents issuance net of tax withholding.

On December 15, 2022, the Company announced a new Share Repurchase Program pursuant to which it may repurchase up to $85.0 million worth, or 2.8 million shares, of the Company's outstanding common stock over the next 24 months from the date of the announcement.
Total consideration paid to repurchase the shares was recorded in shareholders’ equity as treasury stock.

Three Months Ended June 30,Six Months Ended June 30,
(in thousands, except per share data)
2024202320242023
Total number of shares purchased139.4 748.8 465.8 1,088.4 
Amount paid$6,992 $23,935 $23,798 $33,182 
Average price paid per share$50.15 $31.96 $51.09 $30.49