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Stock-Based Compensation Plans (Tables)
9 Months Ended
Sep. 30, 2024
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Schedule of Components of Stock Compensation Expense
The components of stock-based compensation expense were as follows:
Three months ended September 30,Nine months ended September 30,
2024202320242023
(in thousands)(in thousands)
2023 Incentive Stock Plan$10,341 $3,843 $18,279 $10,557 
Employee Stock Purchase Plan48 28 72 113 
Total Stock Compensation Expense$10,389 $3,871 $18,351 $10,670 
Schedule of Restricted Stock Activity
The following table summarizes the restricted stock activity during the nine months ended September 30, 2024:
Shares
Balance of unvested shares as of December 31, 2023465,856 
Shares granted447,449 
Shares forfeited(916)
Shares vested(340,653)
Balance of unvested shares as of September 30, 2024571,736