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Shares Repurchased | 6 Months Ended
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Jun. 30, 2024
Shares Repurchased [Abstract] |
Shares Repurchased | 22. Shares Repurchased On February 22, 2022, the Company’s Board of Directors approved an increase of $85,709 to the Company’s share repurchase program to $100,000 and extended the term for three years through April 27, 2025. Included under the Company’s share repurchase program are purchases to offset future equity grants made under the Company’s equity plans and purchases made in open market or privately negotiated transactions. This authority may be exercised from time to time, subject to regulatory considerations. The timing and actual number of shares repurchased will depend on a variety of factors including price, corporate and regulatory requirements, market conditions and other corporate liquidity requirements and priorities. The repurchase program may be suspended or terminated at any time without prior notice. Shares repurchased under this program are returned to the status of authorized and unissued on the Company’s books and records. The Company repurchased zero and 1,096,278 shares, respectively, of its common stock under this program during the three and six months ended June 30, 2024 and 26,582 and 631,087 shares, respectively, during the comparable periods in 2023. The aggregate cost of the shares repurchased during the three and six months ended June 30, 2024 was $0 and $7,820, respectively, and the aggregate cost of the shares repurchased during the comparable periods in 2023 was $156 and $3,540, respectively. Shares repurchased under this program were returned to the status of authorized and unissued on the Company’s books and records. As of June 30, 2024, $88,585 remained under this program for future purchases.

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- Definition The entire disclosure for treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/505-30/tableOfContent + Details
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