Stockholders' Equity (Tables)

9 Months Ended

Sep. 30, 2022

Stockholders' Equity Note [Abstract]

Schedule of Market Repurchase

Our open market repurchase programs are as follows:

Effective Date	Authorized Repurchase $	Expiration Date
May 16, 2018 1	$15 million	March 1, 2019
March 5, 2019 1	$20 million	March 4, 2020
March 13, 2020	$20 million	November 9, 2022
November 3, 2022	$50 million	** 2
1 The 2018 and 2019 purchase authorizations were executed under 10b5-1 programs.
2 Expiration Date is at Board's discretion. The Company is authorized to effectuate repurchases of the Company's common stock on terms and conditions approved in advance by the Board.

Schedule of Share Repurchases

Our repurchase activity is as follows:

	Nine Months Ended
	September 30, 2022					September 30, 2021
	(in thousands, except share and per share data)
Program	Shares	Total $		$ per share		Shares	Total $		$ per share
Open market	35,479	$	2,030	$	57.22	—	$	—	$	—
401(k)	103,936	5,913		56.89		220,336	15,014		68.14
Directors and employees	16,593	978		58.94		21,779	1,537		70.57
Total	156,008	$	8,921	$	57.18	242,115	$	16,551	$	68.36

Our repurchase activity since Company inception, including our current authorized stock repurchase programs, are as follows:

	Inception to			September 30, 2022
	(in thousands, except share and per share data)
Program	Shares	Total $			$ per share
Open market	4,240,734	$	76,823		$	18.12
401(k)	8,308,368	171,789			20.68
Directors and employees	2,044,320	23,319			11.41
Total	14,593,422	$	271,931		$	18.63

Subsequent to September 30, 2022 and through November 3, 2022, the Company repurchased a total of 86,633 shares for $4.8 million through our open market repurchase program. As of November 3, 2022, the Company has approximately $8.2 million remaining for open market repurchases under our current stock repurchase program which expires on November 9, 2022. On November 3, 2022, the Board of Directors approved an updated stock repurchase plan with repurchases under the plan not to exceed $50 million. The current repurchase plan will expire at the Board of Directors discretion.

Schedule of Dividends Payable

Our recent dividends are as follows:

Declaration Date	Record Date	Payment Date	Dividend per Share
May 17, 2021	June 3, 2021	July 1, 2021	$0.19
November 9, 2021	November 26, 2021	December 17, 2021	$0.19
May 18, 2022	June 3, 2022	July 1, 2022	$0.19