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Stock Re-purchase Program
3 Months Ended
Mar. 31, 2023
Equity [Abstract]  
Stock Re-purchase Program

21. Stock Re-purchase ProgramOn 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 under a 10b5-1 plan, par value $0.10 per share, in the open market over the succeeding one year, subject to limitations and restrictions under applicable securities laws. During 2022 and 2023, the Company purchased 761,985 shares of its common stock for a total of $14,558 at an average price of $19.11 per share. The 10b5-1 plan terminated on March 8, 2023.

The table below summarizes the number of shares of the Company’s common stock that were repurchased during the three months ended March 31, 2023 and 2022.

 

Three months ended

 

Total number of
shares purchased

 

 

Average price paid
per share

 

 

Total amount paid

 

 

Maximum number of shares that may yet be purchased under the plan

 

March 31, 2023

 

 

27,835

 

 

$

19.96

 

 

$

557

 

 

 

 

March 31, 2022

 

 

332,404

 

 

$

18.71

 

 

$

6,219

 

 

 

667,596