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Subsequent Event
9 Months Ended
Sep. 30, 2025
Subsequent Events [Abstract]  
Subsequent Event Subsequent Event
On October 29, 2025, the Board of Directors of the Company authorized a share repurchase program for the repurchase of shares of the Company’s common stock, in an aggregate amount of up to $150.0 million (the “2025 Share Repurchase Program”). As part of the 2025 Share Repurchase Program, the Company intends to enter into a $50.0 million accelerated share repurchase plan.
Repurchases under the 2025 Share Repurchase Program will be made pursuant to open market purchases, solicited or unsolicited privately negotiated transactions, accelerated share repurchase transactions, including pursuant to 10b5-1 plans, and in compliance with applicable securities laws and other requirements. The 2025 Share Repurchase Program will be funded using the Company's cash on hand and future cash flow generation.
The timing, manner, price, and amount of repurchases under the 2025 Share Repurchase Program is subject to the discretion of the Company’s management. The Company is not obligated to acquire a specified number of shares under the 2025 Share Repurchase Program, which may be suspended, modified, or terminated at any time, without prior notice. The 2025 Share Repurchase Program terminates on December 31, 2027.