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STOCKHOLDERS' EQUITY | 6 Months Ended
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Jun. 30, 2025
STOCKHOLDERS' EQUITY |
STOCKHOLDERS' EQUITY | 8. STOCKHOLDERS’ EQUITY: Common Stock Shares Outstanding ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Six Months Ended
​ | ​ | June 30, | ​ | June 30,
(In thousands) |  | 2025 |  | 2024 |  | 2025 |  | 2024
Beginning balance | ​ | ​ | 56,692 | ​ | ​ | 56,759 | ​ | ​ | 56,837 | ​ | ​ | 56,738
Common stock issued under employee stock plans | ​ |  | 171 | ​ |  | 183 | ​ |  | 430 | ​ |  | 411
Repurchased | ​ |  | (705) | ​ |  | (164) | ​ |  | (1,109) | ​ |  | (371)
Ending balance | ​ | ​ | 56,158 | ​ | ​ | 56,778 | ​ | ​ | 56,158 | ​ | ​ | 56,778
​ Common Stock Repurchases As of December 31, 2024, the Company had $48.1 million available under a stock-repurchase program announced in November 2024. After this authorization was exhausted in April 2025, the Company’s board of directors authorized the use of an additional $50.0 million for the repurchase of the Company’s common stock, with repurchases to be executed according to pre-defined price/volume guidelines. In the three months ended June 30, 2025, the Company purchased approximately 0.7 million shares for $32.6 million. In the six months ended June 30, 2025, the Company repurchased 1.1 million shares for $55.7 million. As of June 30, 2025, $42.4 million remained on the Company’s repurchase authorization. The program has no expiration date. Future repurchase programs would be authorized at the discretion of the Company’s board of directors and will depend on the Company’s financial condition, results of operations, capital requirements, business conditions and other factors. Cash Dividends In October 2023, the Company’s board of directors declared dividends of $0.20 per share to be paid to stockholders of record at the end of each quarter in 2024. In October 2024, the Company’s board of directors raised the quarterly cash dividend with the declaration of five cash dividends of $0.21 per share to be paid to stockholders of record at the end of the fourth quarter in 2024 (in lieu of the previously declared dividend of $0.20 per share announced in October 2023) and at the end of each quarter in 2025. For the three and six months ended June 30, 2025 and 2024, cash dividends declared and paid were as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Six Months Ended
​ | ​ | June 30, | ​ | June 30,
(In thousands, except per share amounts) |  | 2025 |  | 2024 |  | 2025 |  | 2024
Dividends declared and paid | ​ | $ | 11,809 | ​ | $ | 11,352 | ​ | $ | 23,768 | ​ | $ | 22,736
Dividends declared per common share | ​ | $ | 0.21 | ​ | $ | 0.20 | ​ | $ | 0.42 | ​ | $ | 0.40
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