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STOCKHOLDERS' EQUITY
6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
STOCKHOLDERS' EQUITY STOCKHOLDERS' EQUITY
In 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 June 30, 2025 and 2024, the Company repurchased and subsequently retired 702,948 and 891,896 shares, respectively, of common stock from the open market at an average cost of $42.67 and $112.02 per share, respectively, for a total of $30.0 million and $99.9 million, respectively.
During the six months ended June 30, 2025 and 2024, the Company repurchased and subsequently retired 2,297,053 and 1,224,631 shares, respectively, of common stock from the open market at an average cost of $56.58 and $115.87 per share, respectively, for a total of $130.0 million and $141.9 million, respectively.
As of June 30, 2025, $268.7 million remains available for repurchase of shares under the 2023 Repurchase Program.