CAPITAL STOCK |
6 Months Ended |
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Jun. 30, 2026 | |
| Equity [Abstract] | |
| CAPITAL STOCK | CAPITAL STOCK Common Stock Common stock shares issued at June 30, 2026 and December 31, 2025 were 27,717,393 and 27,682,807, respectively. Common stock shares outstanding at June 30, 2026 and December 31, 2025 were 27,570,748 and 27,604,183, respectively. Par value of these shares for these same dates was $0.03 million. Preferred Stock At June 30, 2026 and December 31, 2025 there were no preferred stock shares issued and outstanding. Treasury Stock On May 6, 2025, the Board approved a stock repurchase program that authorized the Company to purchase up to $50 million of the Company’s Common Stock. The timing and amount of shares repurchased will depend on the stock price, business and market conditions, corporate and regulatory requirements, alternative investment opportunities, acquisition opportunities and other factors. The repurchase program may be suspended or discontinued at any time. During the six months ended June 30, 2026, the Company repurchased 68,021 shares on the open market at an average price of $43.23 per share, for a total amount of $2.9 million, excluding brokerage commissions and accrued excise tax. No shares were repurchased during the six months ended June 30, 2025. As of June 30, 2026 and December 31, 2025, $44.1 million and $47.0 million were available for share repurchases under the program, respectively.
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