COMMON STOCK REPURCHASE PROGRAM |
6 Months Ended |
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Jun. 30, 2026 | |
| Equity [Abstract] | |
| COMMON STOCK REPURCHASE PROGRAM | COMMON STOCK REPURCHASE PROGRAM On May 13, 2026, the Board of Directors approved a stock repurchase program pursuant to which the Company is authorized to repurchase up to $40,000 of its common stock under the program for a period of approximately 12 months from June 12, 2026. On June 12, 2026, the Board of Directors approved an amendment to the stock repurchase program pursuant to which the Company is authorized to repurchase an additional $60,000 of its common stock under the program. During the three months ended June 30, 2026, the Company repurchased 257 shares of its common stock for $40,000. As of June 30, 2026, $60,000 authorized for repurchase remained available under the stock repurchase program. On May 15, 2025, the Board of Directors approved a stock repurchase program pursuant to which the Company is authorized to repurchase up to $20,000 of its common stock under the program for a period of approximately 12 months from June 16, 2025. The stock repurchase program expired on June 16, 2026 and is no longer in effect. The Company did not repurchase any shares pursuant to this stock repurchase program. On February 21, 2025, the Board of Directors approved a stock repurchase program pursuant to which the Company was authorized to repurchase up to $20,000 of its common stock under the program for a period of approximately 12 months from March 26, 2025. During the first quarter of 2025, the Company repurchased 84 shares of its common stock for $10,775. During the second quarter of 2025, the Company repurchased an additional 73 shares of its common stock for $9,225. This repurchase program expired upon the repurchase of the maximum authorized amount. Under each of the repurchase programs, the Company is authorized to repurchase its issued and outstanding common shares from time to time in open-market and privately negotiated transactions, tender offers, pursuant to contractual provisions, and block trades, or otherwise in accordance with federal securities laws. The share repurchase program does not obligate the Company to acquire any specific number of shares. Any such repurchases will depend on the Company's business strategy, prevailing market conditions, the Company's liquidity requirements, contractual restrictions or covenants, compliance with securities laws, and other factors. The amounts involved in any such transaction may be material.
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