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Stockholders' Equity (Tables)

3 Months Ended

Mar. 31, 2020

Stockholders' Equity Note [Abstract]

Schedule of Market Repurchase

Our open market repurchase programs are as follows:

Agreement Execution Date

Authorized Repurchase $

Expiration Date

May 16, 2018 1

$15 million

March 1, 2019

March 5, 2019 1

$20 million

March 4, 2020

March 13, 2020

$20 million

** 2

1 The 2018 and 2019 purchase authorizations were executed under 10b5-1 programs.

2 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,
						2020																														2019
						(in thousands, except share and per share data)
Program						Shares						Total $						$ per share						Shares						Total $						$ per share
Open market						103,689						$	4,987					$	48.10					5,799						$	200					$	34.46
401(k)						123,672						6,578						53.19						107,000						4,283						40.03
Directors and employees						19,099						953						49.90						15,705						588						37.44
Total						246,460						$	12,518					$	50.79					128,504						$	5,071					$	39.46

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

						Inception to date
						(in thousands, except share and per share data)
Program						Shares						Total $						$ per share
Open market						4,205,255						$	74,793					$	17.79
401(k)						7,591,411						126,505						16.66
Directors and employees						2,001,028						20,535						10.26
Total						13,797,694						$	221,833					$	16.08

Schedule of Dividends Payable

Our recent dividends are as follows:

Declaration Date			Record Date			Payment Date			Dividend per Share
May 20, 2019			June 3, 2019			July 1, 2019			$0.16
November 6, 2019			November 27, 2019			December 18, 2019			$0.16

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