Stockholders' Equity |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Equity [Abstract] | |
| Stockholders' Equity | Note 13. Shareholders' Equity As of June 30, 2026, the Company was authorized to issue 350,000,000 shares of common stock and 150,000,000 shares of preferred stock, pursuant to its Fourth Amended and Restated Articles of Incorporation, which became effective on November 6, 2025. Common stock entitles holders to one vote per share. Share Repurchase Program On May 26, 2026, the Company's Board of Directors authorized the Share Repurchase Program to repurchase up to $12,000 of the Company's common stock. The Share Repurchase Program permits the Company to repurchase shares for cash periodically in open market purchases, block transactions, privately negotiated transactions and by other means including through the use of trading programs intended to qualify under Rule 10b5-1 under the Exchange Act, and in accordance with applicable securities laws and other restrictions. The Share Repurchase Program does not obligate the Company to repurchase a specific number of shares of common stock, and may be canceled or suspended at any time without notice. During the three and six months ended June 30, 2026, the Company repurchased 726,828 shares of common stock for $10,029 under the Share Repurchase Program, excluding broker commissions and excise tax. All shares repurchased were treated as retirements and reduced the number of shares issued and outstanding. The excess of purchase price over par was recorded as a reduction to additional paid-in capital. Broker commissions and excise tax on repurchase were not material during the three and six months ended June 30, 2026. As of June 30, 2026, the Company may repurchase up to approximately $1,971 of additional shares of its common stock under the Share Repurchase Program. Refer to Note 17. Subsequent Events for repurchase activity after June 30, 2026. |