Treasury Stock

3 Months Ended

Mar. 31, 2020

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 the Company's outstanding common stock (the “2019 Stock Repurchase Program”).

During the three months ended March 31, 2020, the Company did not purchase any shares of the Company's common stock. During the three months ended March 31, 2019, the Company purchased 72 shares of the Company's common stock under the 2015 Stock Repurchase Program for total consideration of $722 with a weighted average price of $10.00 per share, which included commissions and processing fees totaling $2. As of March 31, 2020, and December 31, 2019, a total of $20,000 remained authorized for the repurchase of the Company's outstanding common stock under the 2019 Stock Repurchase Program.

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