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Stockholders' Equity | 6 Months Ended
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Jun. 30, 2023
Stockholders' Equity Note [Abstract] |
Stockholders' Equity | STOCKHOLDERS' EQUITY Our Board of Directors declared dividends on our outstanding shares of common stock to stockholders of record as follows for the periods presented (in thousands, except per share amounts):
|  | Six Months Ended June 30,
|  | 2023 |  | 2022
|  | Per Share Amount |  | Aggregate Amount |  | Per Share Amount |  | Aggregate Amount
First Quarter |  | $ | — |  |  | $ | — |  |  | $ | 0.06 |  |  | $ | 2,589 |
Second Quarter |  | — |  |  | — |  |  | — |  |  | — |
In July 2019, our Board of Directors authorized a stock repurchase plan of up to $25,000,000 of our common stock. As of June 30, 2023, we had not yet repurchased any shares under this stock repurchase plan. The timing and volume of repurchases are at the discretion of management, based on the capital needs of the business, the market price of ACIC common stock, and general market conditions. The plan has no expiration date, and the plan may be suspended or discontinued at any time. See Note 17 in these Notes to Unaudited Condensed Consolidated Financial Statements for information regarding stock-based compensation activity.

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