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Share Repurchases
12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Share Repurchases Share Repurchases
We have a share repurchase program which allows us to purchase our common stock through open market repurchases, negotiated transactions, or other means, in accordance with applicable securities laws and other restrictions. This program is funded with cash on hand and cash flows from operating activities. During 2024, our Board of Directors increased the authorizations under this program by $300.0 million.
During 2024, we repurchased 1.3 million shares of our common stock for an aggregate cost of $132.9 million at an average price per share of $100.15. During 2023, we repurchased 2.3 million shares of our common stock for an aggregate cost of $192.1 million at an average price per share of $85.27. During 2022, we repurchased 2.6 million shares of our common stock for an aggregate cost of $150.0 million at an average price per share of $57.95. As of December 31, 2024, we had $340.0 million of authorizations remaining under the program. This share repurchase authorization does not have an expiration date.