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Treasury Stock | 6 Months Ended
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Jun. 30, 2025
Equity [Abstract] |
Treasury Stock | Note 9. Treasury Stock The Company’s Board of Directors (the Board) initiated a share repurchase program in February 2010. In October 2016, the Board reauthorized this program with a limit of $25.0 million with no expiration date. As of June 30, 2025, $2.5 million was available for future repurchases. The repurchases may be effected from time to time pursuant to trading plans meeting the requirements of Rule 10b5-1 under the Exchange Act. The share repurchase program does not obligate the Company to repurchase any shares of the Company's common stock and may be modified, increased, suspended or terminated at the discretion of the Board. The Board's determinations will depend on a variety of factors including, but not limited to, the market conditions and applicable regulatory considerations. It is anticipated that any future repurchases will be funded from available capital. During the three and six months ended June 30, 2025, the Company repurchased 62,757 shares of its common stock under the share repurchase program for $2.8 million, or an average price of $44.55 per share, including commissions and excise tax. During the three and six months ended June 30, 2024, the Company repurchased 91,825 shares of its common stock under the share repurchase program. I n July 2025, the Company announced that the Board reauthorized the share repurchase program that replaces the Company's prior program, authorizing the repurchase of shares of the Company's common stock in an aggregate amount of up to $25.0 million with no expiration date. As of July 24, 2025, $25.0 million was available for future repurchases of the Company’s common stock under the repurchase program.

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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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