XML 39 R25.htm IDEA: XBRL DOCUMENT v3.25.1
Stock Repurchases
 3 Months Ended
Mar. 31, 2025
Equity [Abstract]  
Stock Repurchases
16. Stock Repurchase
Stock Repurchase Program
On July 19, 2023, the Board of Directors authorized a $50 million stock buyback program. Purchases have been and will be made in the open market or in privately negotiated transactions, depending upon market conditions and other factors.
From August 2023 to December 2023, the Company repurchased 1,730,173 shares of its common stock in the open market for an aggregate purchase price of $13.6 million and a weighted average price per share of $7.84 under the stock repurchase program.
From January 2024 to December 2024, the Company repurchased 2,349,811 shares of its common stock in the open market for an aggregate purchase price of $11.8 million and a weighted average price per share of $5.04 under the stock repurchase program.
From January 2025 to March 2025, the Company repurchased 296,835 shares of its common stock in the open market for an aggregate purchase price of $1.1 million and a weighted average price per share of $3.70 under the stock repurchase program.