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Stockholders' Equity
6 Months Ended
Jun. 30, 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 share repurchase 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 Securities and Exchange Commission (“SEC”). 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 June 30, 2019, the Company acquired 2.1 million shares at a weighted average cost per share of $11.70 under the share repurchase program.