Stockholders' Equity (Tables)

3 Months Ended

Mar. 31, 2023

Stockholders' Equity Note [Abstract]

Schedule of Market Repurchase

Our open market repurchase programs are as follows:

Effective Date	Authorized Repurchase $	Expiration Date
March 13, 2020	$20 million	November 9, 2022
November 3, 2022	$50 million	** 1
1 Expiration Date is at Board's discretion. The Company is authorized to effectuate repurchases of the Company's common stock on terms and conditions approved in advance by the Board.

Schedule of Share Repurchases

Our repurchase activity is as follows:

	Three Months Ended
	March 31, 2023					March 31, 2022
	(in thousands, except share and per share data)
Program	Shares	Total $		$ per share		Shares	Total $		$ per share
Open market	—	$	—	$	—	—	$	—	$	—
401(k)	—	—		—		54,305	3,278		60.36
Directors and employees	11,673	1,030		88.24		13,358	804		60.19
Total	11,673	$	1,030	$	88.24	67,663	$	4,082	$	60.33

Our repurchase activity since Company inception, including our current authorized stock repurchase programs, are as follows:

	Inception to			March 31, 2023
	(in thousands, except share and per share data)
Program	Shares	Total $			$ per share
Open market	4,327,367	$	81,616		$	18.86
401(k)	8,308,368	171,789			20.68
Directors and employees	2,056,628	24,390			11.86
Total	14,692,363	$	277,795		$	18.91

Schedule of Dividends Payable

Our recent cash dividends are as follows:

Declaration Date1	Record Date	Payment Date	Dividend per Share	Annualized Dividend per Share
May 18, 2022	June 3, 2022	July 1, 2022	$0.19	$0.38
November 8, 2022	November 28, 2022	December 16, 2022	$0.24	$0.48
March 1, 2023	March 13, 2023	March 31, 2023	$0.12	$0.48
1 Effective with the cash dividend declared on March 1, 2023 (paid on March 31, 2023), the Company moved from semi-annual cash dividends to quarterly cash dividends.