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Stockholders' Equity (Tables) | 9 Months Ended
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Sep. 30, 2022
Stockholders' Equity Note [Abstract] |
Schedule of Market Repurchase | Our open market repurchase programs are as follows:
Effective 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 |  | November 9, 2022
November 3, 2022 |  | $50 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, 2022 |  | September 30, 2021
|  | (in thousands, except share and per share data)
Program |  | Shares |  | Total $ |  | $ per share |  | Shares |  | Total $ |  | $ per share
Open market |  | 35,479 |  |  | $ | 2,030 |  |  | $ | 57.22 |  |  | — |  |  | $ | — |  |  | $ | — |
401(k) |  | 103,936 |  |  | 5,913 |  |  | 56.89 |  |  | 220,336 |  |  | 15,014 |  |  | 68.14 |
Directors and employees |  | 16,593 |  |  | 978 |  |  | 58.94 |  |  | 21,779 |  |  | 1,537 |  |  | 70.57 |
Total |  | 156,008 |  |  | $ | 8,921 |  |  | $ | 57.18 |  |  | 242,115 |  |  | $ | 16,551 |  |  | $ | 68.36 |
Our repurchase activity since Company inception, including our current authorized stock repurchase programs, are as follows:
|  | Inception to |  | September 30, 2022
|  | (in thousands, except share and per share data)
Program |  | Shares |  | Total $ |  | $ per share
Open market |  | 4,240,734 |  |  | $ | 76,823 |  |  | $ | 18.12 |
401(k) |  | 8,308,368 |  |  | 171,789 |  |  | 20.68 |
Directors and employees |  | 2,044,320 |  |  | 23,319 |  |  | 11.41 |
Total |  | 14,593,422 |  |  | $ | 271,931 |  |  | $ | 18.63 |
Subsequent to September 30, 2022 and through November 3, 2022, the Company repurchased a total of 86,633 shares for $4.8 million through our open market repurchase program. As of November 3, 2022, the Company has approximately $8.2 million remaining for open market repurchases under our current stock repurchase program which expires on November 9, 2022. On November 3, 2022, the Board of Directors approved an updated stock repurchase plan with repurchases under the plan not to exceed $50 million. The current repurchase plan will expire at the Board of Directors discretion.
Schedule of Dividends Payable | Our recent dividends are as follows:
Declaration Date | Record Date | Payment Date | Dividend per Share
May 17, 2021 | June 3, 2021 | July 1, 2021 | $0.19
November 9, 2021 | November 26, 2021 | December 17, 2021 | $0.19
May 18, 2022 | June 3, 2022 | July 1, 2022 | $0.19

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