Stockholders' Equity (Notes) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stockholders' Equity Note [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stockholders Equity |
During 2025, we repurchased or withheld an aggregate of 231,668 shares of our common stock, as described below. Repurchase Program Our Board of Directors (the “Board”) has authorized a program to repurchase shares of our outstanding common stock (“Repurchase Program”). The purchases may be made from time to time in the open market or directly from stockholders at prevailing market prices based on market conditions and other factors. During 2025, 45,000 shares were repurchased under the Repurchase Program. As of December 31, 2025, we were authorized to repurchase an additional 1,407,764 shares under the Repurchase Program. Withheld Shares During 2025, we withheld 186,668 shares to satisfy tax withholding obligations for the vesting of long-term incentive and restricted stock unit awards. Dividends The Board declared and paid quarterly dividends as follows:
During 2025 and 2024, we declared and paid dividends totaling $90 million and $89 million, respectively. Preferred Stock At December 31, 2025, 20 million shares of preferred stock were authorized.
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