XML 30 R19.htm IDEA: XBRL DOCUMENT v3.25.1
STOCKHOLDERS' EQUITY
3 Months Ended
Mar. 31, 2025
Equity [Abstract]  
STOCKHOLDERS' EQUITY STOCKHOLDERS' EQUITYIn July 2023, the board of directors authorized a share repurchase program (the “2023 Repurchase Program”) pursuant to which the Company was authorized to repurchase up to $1.0 billion of the Company’s common stock. The Company may repurchase shares of common stock from time to time through solicited or unsolicited transactions in the open market, in privately negotiated transactions or pursuant to a Rule 10b5-1 plan. During the three months ended March 31, 2025 and 2024, the Company repurchased and subsequently retired 1,594,105 and 332,735 shares, respectively, of common stock from the open market at an average cost of $62.71 and $126.21 per share, respectively, for a total of $100.0 million and $42.0 million, respectively. As of March 31, 2025, $298.7 million remains available for repurchase of shares under the 2023 Repurchase Program.