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Common Stock and Treasury Stock
12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Common Stock and Treasury Stock Common Stock and Treasury Stock
In 2005, the board approved a stock repurchase program authorizing the Company, as market and business conditions warrant, to acquire its common stock and periodically authorizes additional funds for the program. In June 2024, the board approved the repurchase of the Company's common stock of up to $400.0 million, in place of the remaining purchase amounts previously authorized.

The Company repurchased 3,946,537 shares for $128.5 million under the program for the year ended December 31, 2024. Under the program to date, the Company has repurchased 62,867,837 shares for approximately $1.1 billion. As of December 31, 2024, the maximum remaining amount authorized for purchase under the stock repurchase program was $372.5 million.
In 2006, the Company began to issue shares of treasury stock upon exercise of stock options, payment of earned performance shares (LTIP performance shares and TSRs), vesting of RSUs, and for issuances of common stock pursuant to the Company’s ESPP. Treasury shares issued by award type are as follows:
Years Ended December 31,
202420232022
Stock options334,242 343,093 406,230 
TSRs— — 212,210 
RSUs1,020,408 666,026 534,759 
ESPP89,071 140,992145,909
Total treasury shares issued1,443,721 1,150,111 1,299,108