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STOCKHOLDERS' EQUITY | 9 Months Ended
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Sep. 30, 2023
Equity [Abstract] |
STOCKHOLDERS' EQUITY | STOCKHOLDERS’ EQUITY Common Stock The following table shows the beginning and ending balances of our issued and outstanding common stock for the three and nine months ended September 30, 2023 and 2022:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2023 | 2022 |  | 2023 | 2022
Shares issued and outstanding, beginning balance | 59,674,960 |  | 62,087,303 |  |  | 60,555,661 |  | 65,968,224 |
Issuance of common stock from vested restricted stock units | 161,125 |  | 199,171 |  |  | 464,051 |  | 496,051 |
Issuance of common stock from exercise of stock options | 73,818 |  | 21,750 |  |  | 155,485 |  | 94,139 |
Issuance of common stock for employee stock purchase plan | — |  | — |  |  | 104,017 |  | 73,808 |
Issuance of common stock for the acquisition of Zenefits | — |  | — |  |  | — |  | 193,221 |
Repurchase of common stock | (9,345,794) |  | — |  |  | (10,611,683) |  | (4,419,423) |
Awards effectively repurchased for required employee withholding taxes | (56,519) |  | (78,718) |  |  | (159,941) |  | (176,514) |
Shares issued and outstanding, ending balance | 50,507,590 |  | 62,229,506 |  |  | 50,507,590 |  | 62,229,506 |
Stock Repurchases In February 2020, our board of directors authorized a $300 million incremental increase to our ongoing stock repurchase program. In February 2022 and November 2022, our board of directors authorized a further $300 million and $200 million, respectively, incremental increase to this stock repurchase program. In February 2023 and July 2023, our board of directors authorized a further $300 million and $1 billion, respectively, incremental increase to this stock repurchase program. This repurchase authorization has no expiration. In August 2023, we completed a tender offer through which we repurchased 5,981,308 shares of common stock at a price of $107.00 per share, for total consideration of approximately $640 million. In September 2023, we repurchased 3,364,486 shares of common stock at a price of $107.00 per share, for total consideration of approximately $360 million, through a purchase agreement with our largest stockholder, Atairos Group, Inc.

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