XML 57 R43.htm IDEA: XBRL DOCUMENT v3.24.0.1
STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Restricted Stock and Units Activity

The following table summarizes the activity related to restricted stock unit (RSU) share based payment awards:

 

 

 

Number of
Shares

 

 

Weighted-
Average
Grant-Date
Fair Value

 

Unvested, January 1, 2023

 

 

230,223

 

 

$

165.13

 

Granted

 

 

121,896

 

 

 

136.22

 

Vested

 

 

(132,010

)

 

 

163.85

 

Forfeited

 

 

(3,623

)

 

 

152.21

 

Unvested, December 31, 2023

 

 

216,486

 

 

$

149.68

 

The weighted average grant-date fair value per unit of RSU awards granted was $136.22, $140.37 and $208.67 during the years ended December 31, 2023, 2022 and 2021, respectively. The grant date fair value of RSUs that vested during the year was $21.6 million for the year ended December 31, 2023, $18.0 million for the year ended December 31, 2022 and $12.5 million for the year ended December 31, 2021. The fair value of RSUs as of their respective vesting dates was $18.6 million for the year ended December 31, 2023, $15.3 million for the year ended December 31, 2022 and $15.1 million for the year ended December 31, 2021.

The following table summarizes the activity related to restricted stock award (RSA) share based payment awards:

 

 

 

Number of
Shares

 

 

Weighted-
Average
Grant-Date
Fair Value

 

Unvested, January 1, 2023

 

 

33,637

 

 

$

178.37

 

Granted

 

 

2,366

 

 

 

126.87

 

Vested

 

 

(18,456

)

 

 

178.82

 

Unvested, December 31, 2023

 

 

17,547

 

 

$

170.96

 

Schedule of Nonvested Performance-Based Units Activity

The following table summarizes the activity related to performance unit awards (PSU) share based payment awards:

 

 

 

Number of
Shares

 

 

Weighted-
Average
Grant-Date
Fair Value

 

Unvested, January 1, 2023

 

 

227,866

 

 

$

185.57

 

Granted

 

 

84,448

 

 

 

165.72

 

Vested

 

 

(11,970

)

 

 

155.85

 

Forfeited

 

 

(91,791

)

 

 

170.96

 

Unvested, December 31, 2023

 

 

208,553

 

 

$

185.86