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Stockholders’ Equity
3 Months Ended
Mar. 31, 2019
Equity [Abstract]  
Stockholders’ Equity

NOTE 9. STOCKHOLDERS’ EQUITY

 

On March 21, 2019, our Board of Directors authorized a $50 million share repurchase program. Under the program, the Company may purchase common stock in the open market, in privately negotiated transactions or in such other manner as determined by it, including through repurchase plans complying with the rules and regulations of the SEC. The amount and timing of any repurchases made under the share repurchase program will depend on a variety of factors, including available liquidity, cash flow and market conditions. The share repurchase program does not obligate the Company to repurchase any dollar amount or number of shares of common stock and the program may be suspended or discontinued at any time.  Through March 31, 2019, the Company acquired 0.7  million shares at a weighted average cost per share of $10.72.