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STOCKHOLDERS’ EQUITY (Tables)
12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Schedule of Cumulative Convertible Preferred Stock
The following table provides certain information for the convertible Series A preferred stock as of the dates presented (in thousands, except conversion factor):
 As of December 31,
 20242023
Shares issued and outstanding10 10 
Conversion factor2.50 2.50 
Common shares resulting if converted25 25 
Schedule of Shares Repurchased The following table presents repurchases of the Company’s common stock for the periods presented (in thousands, except total number of shares repurchased and per share data):
Total Number of SharesAverage
DollarRepurchased During the YearAggregatePrice perPlan
ExpirationAmount Ended December 31, PurchaseShareCompleted or
Date Authorized
Date
Authorized20242023PriceRepurchasedExpired
March 11, 2024March 11, 2026$20,000 871,427 — $17,414 $19.98 
June 12, 2023June 10, 2025$20,000 207,722 1,112,953 $20,000 $15.14 March 2024
December 15, 2022December 15, 2024$7,997 — 400,691 $6,154 $15.36 August 2023
See the “Condensed Consolidated Statements of Stockholders’ Equity” for a roll-forward of treasury shares.
Schedule of Dividends Declared on its Outstanding Shares of Common Stock to its Shareholders
The Company declared dividends on its outstanding shares of common stock to its shareholders of record as follows for the periods presented (in thousands, except per share amounts):
 For the Years Ended December 31,
 202420232022
Per Share
Amount
Aggregate
Amount (1)
Per Share
Amount
Aggregate
Amount (1)
Per Share
Amount
Aggregate
Amount (1)
First Quarter$0.16 $4,761 $0.16 $4,967 $0.16 $5,004 
Second Quarter$0.16 $4,768 $0.16 $5,004 $0.16 $4,990 
Third Quarter$0.16 $4,724 $0.16 $4,935 $0.16 $4,994 
Fourth Quarter$0.29 $8,502 $0.29 $8,672 $0.29 $9,003 
(1)Includes dividend equivalents due to employees who hold performance share units, restricted share units or restricted stock awards which are subject to time-vesting conditions.