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Stock Repurchase Program
9 Months Ended
Sep. 30, 2021
Equity [Abstract]  
Stock Repurchase Program Stock Repurchase ProgramIn the third quarter of 2021, the $3.0 million stock repurchase program that was approved in August 2020 was completed after reaching the purchase limit. On August 31, 2021, the Company's Board of Directors approved the renewal of its stock repurchase program. The renewed repurchase program authorizes the Company to purchase up to $5.0 million of its outstanding shares of common stock between September 1, 2021 and August 31, 2022. Repurchases may be made from time to time in the open market at prevailing prices and based on market conditions, or in privately negotiated transactions. For the three months ended September 30, 2021, the Company repurchased 15,994 shares of its common stock at an aggregate cost of $804,000. For the nine months ended September 30, 2021, the Company repurchased 57,308 shares of its common stock at an aggregate cost of $3.0 million. As of September 30, 2021, the Company had $4.9 million available for repurchasing its common stock under this program.