STOCKHOLDERS' EQUITY

9 Months Ended

Sep. 30, 2025

Equity [Abstract]

STOCKHOLDERS' EQUITY

STOCKHOLDERS’ EQUITY

Common Stock

The following table shows the beginning and ending balances of our issued and outstanding common stock for the three and nine months ended September 30, 2025 and 2024:

	Three Months Ended September 30,		Nine Months Ended September 30,
	2025	2024	2025	2024
Shares issued and outstanding, beginning balance	48,588,214	49,710,395	49,527,506	50,664,471
Issuance of common stock from vested restricted stock units	159,271	161,229	462,975	491,217
Issuance of common stock from exercise of stock options	—	—	—	5,708
Issuance of common stock for employee stock purchase plan	—	—	89,884	75,944
Repurchase of common stock	(481,649)	(201,197)	(1,711,793)	(1,455,515)
Awards effectively repurchased for required employee withholding taxes	(55,136)	(58,636)	(157,872)	(170,034)
Shares issued and outstanding, ending balance	48,210,700	49,611,791	48,210,700	49,611,791

Stock Repurchases

As of September 30, 2025, there was $129 million remaining in the total authorization of $2,715 million of our ongoing stock repurchase program.

Dividends

We paid common stock dividends of $0.25 per share in January 2025, and $0.275 per share in April and July 2025. We also declared common stock dividends of $0.275 per share paid in October 2025.