XML 45 R27.htm IDEA: XBRL DOCUMENT v3.22.4
Shareholders' Equity
12 Months Ended
Dec. 31, 2022
Equity [Abstract]  
Shareholders' Equity SHAREHOLDERS’ EQUITY
Dividends – Generally, our dividend date-of-record is in the last month of the quarter, and the dividend is paid the following month. Any subsequent dividends will be reviewed by our Board of Directors and declared in its discretion.

Dividends declared per share were as follows:
Year Ended December 31,
202220212020
Dividends declared per share$0.80 $0.80 $0.80 
Share Repurchase Program – In 2014, our Board of Directors approved a $500.0 million share repurchase authorization. Our share repurchase program does not have an expiration date, and we reserve the right to limit or terminate the repurchase program at any time without notice.
We repurchased no shares of our outstanding common stock during the year ended December 31, 2022, compared to 440,000 repurchases of shares of our outstanding common stock for $17.5 million and 1,057,115 repurchases of shares of our outstanding common stock for $32.1 million during the years ended December 31, 2021 and 2020, respectively. As of December 31, 2022, we had $96.1 million of remaining capacity under our current share repurchase program.