COMMON STOCK REPURCHASE PROGRAM |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Share Repurchase Program [Abstract] | |
| COMMON STOCK REPURCHASE PROGRAM | COMMON STOCK REPURCHASE PROGRAM On May 7, 2026, the Board of Directors approved a common stock repurchase program pursuant to which the Company is authorized to repurchase up to $250,000 of its common stock under the program. The repurchase program does not have a fixed expiration date. During the three months ended June 30, 2026, the Company did not repurchase any shares pursuant to this repurchase program. As of June 30, 2026, the full $250,000 authorized for repurchase remained available under the repurchase program. Under the repurchase program, repurchases may be made from time to time in the open market, in privately negotiated transactions, or otherwise. The amount and timing of repurchases, if any, will depend on several factors, including the Company’s stock price performance, ongoing capital allocation priorities, contractual restrictions, and general market conditions. Open market repurchases will be structured to occur in accordance with applicable federal securities laws, including within the pricing and volume requirements of Rule 10b-18 under the Securities Exchange Act of 1934, as amended. The repurchase program does not obligate the Company to acquire any particular amount of common stock, and may be modified, suspended, or terminated at any time at the discretion of the Company’s Board of Directors.
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