XML 35 R23.htm IDEA: XBRL DOCUMENT v3.22.4
Stock Repurchases
12 Months Ended
Dec. 31, 2022
Stock Repurchases [Abstract]  
Stock Repurchases

16.       Stock Repurchases

In 2022 the Company repurchased shares of its common stock. Details of these purchases are as follows:

 

Period  Total
Number of
Shares
Purchased
  Average
Price Paid
per Share
  Total
Number of
Shares
Purchased
as Part of
Publicly
Announced
Program
  Maximum
Dollar
Value of
Shares that
May Yet Be
Purchased
Under the
Program
                     
Third Quarter 2022                    
July 3 to July 30   
—  
    
—  
    
—  
    
 
 
July 31 to August 27   
—  
    
—  
    
—  
    
 
 
August 28 to October 1   2,136   $49.97    2,136    
 
 
Fourth Quarter 2022                    
October 2 to October 29   
—  
    
—  
    
—  
    
 
 
October 30 to November 26   2,304   $49.77    2,304    
 
 
November 27 to December 31   
—  
    
—  
    
—  
    
 
 
Total   4,440   $49.87    4,440   $86,490,000 

 

All of these purchases were made with cash held by the Company and no debt was incurred. No shares were repurchased in 2020 and 2021.

At December 31, 2022, approximately $86.5 million remained authorized for share repurchases.