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Share Repurchase Program | 12 Months Ended
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Dec. 31, 2021
Equity [Abstract] |
Share Repurchase Program | (17) Share Repurchase Programs On March 8, 2022, pursuant to a Board of Directors resolution, the Company announced its intention to repurchase an aggregate number of up to 1,000,000 shares of its common stock, par value $0.10 per share, in the open market over the succeeding one year at a price not to exceed $20 per share, subject to limitations and restrictions under applicable securities laws. On August 30, 2021, pursuant to a Board of Directors resolution, the Company announced its intention to repurchase an aggregate number of 300,000 shares of its common stock, par value $0.10 per share, in the open market over the succeeding six months. During 2021, the Company purchased 300,000 shares of its common stock for a total of $4,579 at an average price of $15.26 per share. On November 5, 2018, pursuant to a Board of Directors resolution, the Company announced its intention to repurchase an aggregate number of shares with a total purchase price not to exceed $20,000 of its common stock, par value $0.10 per share, in the open market, at a price not to exceed $17 per share, subject to limitations and restrictions under applicable securities laws. The Shares Repurchase Program expired on March 8, 2019. During 2019, the Company purchased 158,048 shares at an average price of $16.48 per share, for a total of $2,604. The table below summarizes the number of shares of our common stock that were repurchased during the years ended December 31, 2021, 2020 and 2019. The shares and respective amount are recorded as treasury shares on the Company’s consolidated balance sheets.
Month ended |  | Total number of shares purchased |  |  | Average price paid per share |  |  | Total amount paid |
August 31, 2021 |  |  | 78,300 |  |  | $ | 15.37 |  |  | $ | 1,203 |
September 30, 2021 |  |  | 221,700 |  |  | $ | 15.23 |  |  | $ | 3,376 |
Total number of shares repurchased |  |  | 300,000 |  |  | $ | 15.26 |  |  | $ | 4,579 |
January 31, 2019 |  |  | 158,048 |  |  | $ | 16.48 |  |  | $ | 2,604 |
Total number of shares repurchased |  |  | 158,048 |  |  | $ | 16.48 |  |  | $ | 2,604 |

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- Definition The entire disclosure for treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -URI http://asc.fasb.org/subtopic&trid=2208821 + Details
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