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Subsequent Events
12 Months Ended
Dec. 31, 2022
Subsequent Events [Abstract]  
Subsequent Events
Note 16. Subsequent Events

Dividend Declaration

On January 31, 2023, the Company announced a cash dividend of $0.22 per share of common stock to be paid on March 22, 2023 to stockholders of record as of the close of business on March 1, 2023.

Stock Repurchase Activities

Subsequent to December 31, 2022, through the date of filing of this Report (the "filing date"), the Company repurchased 2.0 million shares of its common stock in the open market, for an aggregate purchase price of $63.0 million at an average price of $30.98 per share, under the 2018 Stock Repurchase Program. Repurchases of approximately 1.4 million shares were settled prior to the filing of this Report and the remaining shares will be settled after the filing date. The Company has an aggregate of $0.5 billion of authorized funds remaining under the 2018 Stock Repurchase Program as of the filing date.