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Stockholders' Equity (Tables)
 9 Months Ended
Sep. 30, 2023
Stockholders' Equity Note [Abstract]  
Schedule of Market Repurchase
Our open market repurchase programs are as follows:
Effective DateAuthorized Repurchase $Expiration Date
March 13, 2020$20 millionNovember 9, 2022
November 3, 2022$50 million
** 1, 2
1 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.
2 As of September 30, 2023, there is approximately $25.0 million remaining under the current stock repurchase program.
Schedule of Share Repurchases
Our repurchase activity is as follows:
Nine Months Ended
September 30, 2023September 30, 2022
(in thousands, except share and per share data)
Program
Shares1
Total $
$ per share1
Shares1
Total $
$ per share1
Open market402,873 $25,009 $62.08 53,218 $2,030 $38.14 
401(k)— — — 155,904 5,913 37.93 
Employees20,218 1,202 59.45 24,889 978 39.29 
Total
423,091 $26,211 $61.95 234,011 $8,921 $38.12 
1 Reflects three-for-two stock split effective August 16, 2023.
Our repurchase activity since Company inception, including our current authorized stock repurchase programs, are as follows:

Inception toSeptember 30, 2023
(in thousands, except share and per share data)
Program
Shares1
Total $
$ per share1
Open market6,893,924 $106,625 $15.47 
401(k)12,462,552 171,789 13.78 
Directors and employees3,087,651 24,562 7.95 
Total
22,444,127 $302,976 $13.50 
1 Reflects three-for-two stock split effective August 16, 2023.
Schedule of Dividends Payable
Our recent cash dividends are as follows:
Declaration Date1
Record DatePayment Date
Dividend
per Share2
 Annualized Dividend
per Share2
May 18, 2022June 3, 2022July 1, 2022$0.13$0.26
November 8, 2022November 28, 2022December 16, 2022$0.16$0.32
March 1, 2023March 13, 2023March 31, 2023$0.08$0.32
May 18, 2023June 9, 2023June 30, 2023$0.08$0.32
August 18, 2023September 8, 2023September 29, 2023$0.08$0.32
1 Effective with the cash dividend declared on March 1, 2023 (paid on March 31, 2023), the Company moved from semi-annual cash dividends to quarterly cash dividends.
2 Reflects three-for-two stock split effective August 16, 2023.
Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share for the three and nine months ended September 30, 2023 and 2022:
 Three Months EndedNine Months Ended
 September 30,
2023		September 30,
2022		September 30,
2023		September 30,
2022
Numerator:(in thousands, except share and per share data)
Net income
$48,078 $27,473 $130,574 $61,478 
Denominator:  
Basic weighted average shares3
81,418,800 79,777,987 81,140,473 79,543,925 
Effect of dilutive shares related to stock based compensation1,3
1,974,254 1,160,087 1,993,664 1,135,815 
Effect of dilutive shares related to contingent consideration2 ,3
— — 141,071 203,058 
Diluted weighted average shares3
83,393,054 80,938,074 83,275,208 80,882,798 
Earnings per share:  
Basic3
$0.59 $0.34 $1.61 $0.77 
Dilutive3
$0.58 $0.34 $1.57 $0.76 
Anti-dilutive shares:  
Shares3
360,408 1,146,759 296,072 1,040,848 
1 Dilutive shares related to stock options, restricted stock, PSUs and Key Employee Awards (Note 12)
2 Dilutive shares related to contingent shares issued to the former owners of BASX (Note 15)
3 Reflects three-for-two stock split effective August 16, 2023.