SHARE REPURCHASES

9 Months Ended

Sep. 30, 2026

On May 24, 2022, the Company announced that the Board of Directors approved a share repurchase program ("SRP") authorizing the Company to repurchase up to $50.0 million of its common stock. On March 12, 2026, the Board further authorized the Company to repurchase up to an additional $25.0 million of its common stock under its existing repurchase program. Pursuant to this authorization, the Company may repurchase shares of its common stock on a discretionary basis from time to time through open market purchases. The repurchase program has no expiration date and may be modified, suspended, or terminated at any time. As of September 30, 2026, there was approximately $37.5 million of the authorization remaining for future common stock repurchases under the SRP.


Table 12: Share Repurchase Activity
	For the Three Months Ended				For the Nine Months Ended
	September 30, 2026		September 30, 2025		September 30, 2026		September 30, 2025

	(in thousands, except per share and share data)
Amounts paid for shares repurchased (1)	$	5,747	$	3,637	$	12,637	$	7,639
Number of shares repurchased	1,251,500		584,213		2,810,986		2,072,440
Average per share price paid (1)	$	4.59	$	6.23	$	4.50	$	3.69

(1) Includes commission paid for repurchases on the open market.