1 unchanged sentence
Share Repurchases
−Removed: In May 2024, our Board of Directors approved a $100.0 million share repurchase authorization.
+Added: In April 2025 , our Board of Directors approved a $200.0 million share repurchase authorization.
The authorization does not have any time limit.
−Removed: The following table presents the share-repurchase activity for the quarter ended March 31, 2025:
+Added: The following table presents the share-repurchase activity for the quarter ended September 30, 2025:
Period Total number of shares purchased (1)
Average price paid per share Total number of shares purchased as part of the publicly announced plan or program Approximate dollar value of shares that may yet be purchased under the plan or program
−Removed: January 1 - 31, 2025 195,000 $ 48.22 195,000 $ 61,564,334
−Removed: February 1 - 28, 2025 261,732 $ 38.06 261,732 $ 51,601,877
−Removed: March 1 - 31, 2025 262,861 $ 36.08 262,461 $ 42,131,321
+Added: July 1 - 31, 2025 215,413 $ 41.35 215,413 $ 208,152,820
+Added: August 1 - 31, 2025 265,660 $ 42.11 207,463 $ 199,416,354
+Added: September 1 - 30, 2025 68,134 $ 44.16 66,861 $ 196,463,926
Total 549,207 489,737 $ 196,463,926
−Removed: (1) Shares withheld from employees' stock-based awards to satisfy required tax withholding obligations totaled 400 for the month of March 2025.
−Removed: There were no shares withheld during the months of January and February 2025.
−Removed: Subsequent to March 31, 2025, our Board of Directors approved a new $200.0 million share repurchase authorization increasing the current remaining availability.
−Removed: The authorization does not have any time limit.
+Added: (1) Shares withheld from employees' stock-based awards to satisfy required tax withholding obligations totaled 58,197 for the month of August 2025 and 1,273 for the month of September 2025.
+Added: There were no shares withheld during the month of July 2025.
We have never declared or paid a cash dividend.
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.