v3.25.2
Note 10 - Stockholders' Equity
6 Months Ended
Jun. 30, 2025
Notes to Financial Statements  
Equity [Text Block]

10. Stockholders Equity

 

Share Repurchase Program

 

On February 18, 2025, the Company’s Board of Directors authorized the repurchase of up to $75.0 million of the Company’s common stock through transactions on the open market, in privately negotiated purchases, or otherwise until February 17, 2026. The repurchase program may be suspended or discontinued at any time. To date the Company has not made any repurchases under this program.

 

Dividends

 

In February 2011, the Company’s Board of Directors approved a policy for the payment of quarterly cash dividends on its common stock. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to approval by the Board of Directors on a quarterly basis. The dividend activity for the periods presented is as follows:

 

Record Date

 

Payment Date

 

Per Share Amount

   

Dividend Payment

 
               

(in thousands)

 

Fiscal Year 2025

                   

March 13, 2025

 

March 27, 2025

  $ 0.20     $ 4,517  

May 15, 2025

 

May 29, 2025

  $ 0.20     $ 4,520  
                     

Fiscal Year 2024

                   

March 14, 2024

 

March 28, 2024

  $ 0.16     $ 3,589  

May 16, 2024

 

May 30, 2024

  $ 0.16     $ 3,593  

August 15, 2024

 

August 29, 2024

  $ 0.16     $ 3,596  

November 21, 2024

 

December 5, 2024

  $ 0.16     $ 3,600  

 

On July 30, 2025, the Company’s Board of Directors approved a quarterly cash dividend on its common stock of $0.20 per share payable on September 4, 2025, to stockholders of record at the close of business on August 21, 2025.