Annual report pursuant to Section 13 and 15(d)

Treasury Stock

v3.24.0.1
Treasury Stock
12 Months Ended
Dec. 31, 2023
Equity [Abstract]  
Treasury Stock Treasury Stock
The Company has executed share repurchases against an authorization approved by the Board of Directors in 2022. In 2023, the Company repurchased $275.0 million of stock under this authorization and as of December 31, 2023, the remaining authorization was $121.5 million.

Treasury stock activity for the years ended December 31, 2023, 2022 and 2021 was as follows:
(Shares in thousands) 2023 2022 2021
Balance as of January 1 31,173  25,605  24,663 
Compensation plans and other (298) (343) (303)
Share repurchases 3,436  5,911  1,245 
Balance as of December 31 34,311  31,173  25,605