Share Repurchase Program	6 Months Ended
Jun. 30, 2022
Share Repurchase Program
Share Repurchase Program	11. Share Repurchase Program On February 23, 2022, the Board of Directors approved an increase to the share repurchase program of up to $50,000 of the Company’s outstanding common shares. The Board of Directors has cumulatively authorized increases to the existing share repurchase program of up to $200,000 of its outstanding common shares. Under the program, the Company may repurchase shares of its common stock for cash in public or private transactions, in the open market or otherwise. The timing of such repurchases and actual number of shares repurchased will depend on a variety of factors including price, market conditions and applicable regulatory and corporate requirements. The program does not require the Company to repurchase any specific number of shares and it may be modified, suspended or terminated at any time without prior notice. No share purchases were made by Company under the program during the three months ended June 30, 2022 and 2021. During the six months ended June 30, 2022, the Company purchased 170,904 shares at a cost of $14,603. No share purchase were made by Company under the program during the six months ended June 30, 2021. As of June 30, 2022 and December 31, 2021, the Company has purchased 3,141,477 and 2,970,573 shares at a cost of $150,000 and $135,397.

Share Repurchase Program

6 Months Ended

Jun. 30, 2022

11. Share Repurchase Program

On February 23, 2022, the Board of Directors approved an increase to the share repurchase program of up to $50,000 of the Company’s outstanding common shares. The Board of Directors has cumulatively authorized increases to the existing share repurchase program of up to $200,000 of its outstanding common shares. Under the program, the Company may repurchase shares of its common stock for cash in public or private transactions, in the open market or otherwise. The timing of such repurchases and actual number of shares repurchased will depend on a variety of factors including price, market conditions and applicable regulatory and corporate requirements. The program does not require the Company to repurchase any specific number of shares and it may be modified, suspended or terminated at any time without prior notice.

No share purchases were made by Company under the program during the three months ended June 30, 2022 and 2021. During the six months ended June 30, 2022, the Company purchased 170,904 shares at a cost of $14,603. No share purchase were made by Company under the program during the six months ended June 30, 2021. As of June 30, 2022 and December 31, 2021, the Company has purchased 3,141,477 and 2,970,573 shares at a cost of $150,000 and $135,397.