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SUBSEQUENT EVENT
6 Months Ended
Jun. 30, 2023
SUBSEQUENT EVENT.  
SUBSEQUENT EVENT

NOTE 11—SUBSEQUENT EVENTS

The Company evaluated subsequent events and transactions that occurred after the balance sheet date up to the date that the financial statements were available to be issued and has determined that there have been no events that have occurred that would require adjustments to the disclosures of the financial statements.

On August 1, 2023, the Company’s Board of Directors approved (1) a new share repurchase authorization for an additional $25.0 million and (2) a third-quarter dividend of $0.045 per share, payable September 28, 2023, to shareholders of record as of September 6, 2023.