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Stockholders' Equity (Tables)

9 Months Ended

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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