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Subsequent Events
12 Months Ended
Dec. 31, 2022
Subsequent Events [Abstract]  
Subsequent Events

Note 18. Subsequent Events

In February 2023, the Company entered into an interest rate swap agreement with a notional amount of $100.0 million. The interest rate swap will hedge our floating LIBOR rate outstanding debt with a fixed rate of 4.36%. The interest rate swap agreement matures on February 28, 2026. The related accounting impacts of this transaction will be recognized beginning in 2023.

In February 2023, the Company’s Board of Directors authorized an increase to the total available amount under its Repurchase Program to $200.0 million effective February 28, 2023. Through February 23, 2023, the Company had made $75.7 million of purchases under the Repurchase Program.