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Stockholders' Equity (Tables) | 9 Months Ended
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Sep. 30, 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:
|  | Nine Months Ended
|  | September 30, 2020 |  | September 30, 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) |  | 303,112 |  |  | 16,403 |  |  | 54.12 |  |  | 335,139 |  |  | 15,237 |  |  | 45.46 |
Directors and employees |  | 22,655 |  |  | 1,130 |  |  | 49.88 |  |  | 24,948 |  |  | 1,023 |  |  | 41.00 |
Total |  | 429,456 |  |  | $ | 22,520 |  |  | $ | 52.44 |  |  | 365,886 |  |  | $ | 16,460 |  |  | $ | 44.99 |
Our repurchase activity since Company inception, including our current authorized stock repurchase programs, are as follows:
|  | Inception to |  | September 30, 2020
|  | (in thousands, except share and per share data)
Program |  | Shares |  | Total $ |  | $ per share
Open market |  | 4,205,255 |  |  | $ | 74,793 |  |  | $ | 17.79 |
401(k) |  | 7,770,851 |  |  | 136,330 |  |  | 17.54 |
Directors and employees |  | 2,004,584 |  |  | 20,712 |  |  | 10.33 |
Total |  | 13,980,690 |  |  | $ | 231,835 |  |  | $ | 16.58 |
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
May 15, 2020 | June 3, 2020 | July 1, 2020 | $0.19

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