Treasury Stock

12 Months Ended

Dec. 31, 2019

Equity [Abstract]

TREASURY STOCK

TREASURY STOCK

During the fourth quarter of 2015, the Company's board of directors authorized the repurchase of up to $20,000 of the Company's outstanding common stock with no expiration date (the “2015 Stock Repurchase Program”). On March 11, 2019, the Company's board of directors authorized the cancellation of the 2015 Stock Repurchase Program, and authorized a new stock repurchase program of up to $20,000 of our outstanding common stock (the “2019 Stock Repurchase Program”).

During the year ended December 31, 2019, the Company purchased 72 shares of ZAGG common stock for total consideration of $722, which included commissions and processing fees totaling $2. These purchases were made in the first quarter of 2019 under the 2015 Stock Repurchase Program. As of December 31, 2019, a total of $20,000 remained authorized under the 2019 Stock Repurchase Program.

The Company repurchased shares for the years ended December 31, 2019 and 2018, presented as follows:

	For the Years Ended December 31,
	2019		2018
Shares repurchased	72		918
Cash consideration paid	$	722	$	12,096
Commissions to brokers included in cash consideration paid	$	2	$	34
Weighted average price per share repurchased	$	10.00	$	13.18

The consideration paid has been recorded within stockholders’ equity in the consolidated balance sheets.