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STOCKHOLDERS' EQUITY (Tables)
6 Months Ended
Jun. 30, 2023
STOCKHOLDERS' EQUITY [Abstract]  
Changes In Share Of Common Stock [Table Text Block]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The following table shows the change in shares of common stock outstanding for
 
the six-month periods ended June 30,
 
2023 and
2022:
Total
 
Number of Shares
Six-Month Period Ended June 30,
 
2023
2022
Common stock outstanding, beginning balance
182,709,059
201,826,505
Common stock repurchased
(1)(2)
(3,865,375)
(10,680,890)
Common stock reissued under stock-based compensation plan
970,429
491,085
Restricted stock forfeited
(57,491)
(10,364)
Common stock outstanding, ending balances
179,756,622
191,626,336
 
(1)
For the six-month periods
 
ended June 30,
 
2023 includes
3,577,540
 
shares of common stock
 
repurchased in the
 
open market during the
 
first quarter of 2023
 
at an average
 
price of $
13.98
for a
 
total
 
purchase
 
price
 
of $
50
 
million
 
under
 
the
 
$
350
 
million
 
stock
 
repurchase
 
program
 
announced
 
on
 
April
 
27,
 
2022.
 
For the
 
six-month
 
period
 
ended
 
June
 
30,
 
2022
 
included
7,069,263
 
shares of common stock repurchased
 
in the open market at an
 
average price of $
14.15
 
per share for a total purchase
 
price of approximately $
100
 
million under the $
350
 
million
stock repurchase
 
program and
3,409,697
 
shares of
 
common stock
 
repurchased in
 
the open
 
market at
 
an average
 
price of
 
$
14.66
 
for a
 
total purchase
 
price of
 
approximately $
50
 
million
under a prior publicly-announced $
300
 
million stock repurchase program which was completed during
 
the first quarter of 2022.
 
 
(2)
For the six-month periods ended June 30,
 
2023 and 2022 also includes
287,835
 
and
201,930
 
shares, respectively, of common
 
stock surrendered to cover officers’ payroll and
 
income
taxes.
Changes In Treasury Stock [Table Text Block]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The following table shows the change in shares of treasury stock for the six-month
 
periods ended June 30,
 
2023 and 2022.
Total
 
Number of Shares
Six-Month Period Ended June 30,
 
2023
2022
Treasury stock, beginning balance
40,954,057
21,836,611
Common stock repurchased
3,865,375
10,680,890
Common stock reissued under stock-based compensation plan
(970,429)
(491,085)
Restricted stock forfeited
57,491
10,364
Treasury stock, ending balances
43,906,494
32,036,780