XML 35 R23.htm IDEA: XBRL DOCUMENT v3.24.0.1
Stock Repurchases
 12 Months Ended
Dec. 31, 2023
Stock Repurchases [Abstract]  
Stock Repurchases
15. Stock Repurchases

 

In 2023 and 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   
—
    
—
    
—
      
Fourth Quarter 2023                    
October 1 to October 28   
—
    
—
    
—
      
October 29 to November 25   179,341   $45.20    179,341      
November 26 to December 31   84,721   $43.67    84,721      
Total   268,502   $44.79    268,502   $74,680,000 

 

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

 

At December 31, 2023, approximately $74.7 million remained authorized for share repurchases.