Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2025

Share-Based Payment Arrangement [Abstract]

Schedule of Stock-Based Compensation Expense

	Year Ended December 31,
(in thousands)	2025		2024		2023
Share-based compensation expense - equity awards	$	24,238	$	24,777	$	23,051
Share-based compensation expense - liability awards	413		390		—
Pre-tax share-based compensation expense	24,651		25,167		23,051
Income tax benefits recognized	(5,898)		(5,774)		(5,365)
Total share-based compensation expense, net of tax	$	18,753	$	19,393	$	17,686

Schedule of Weighted Average Assumptions

The weighted average assumptions for stock options granted and resulting fair value is as follows:

	Year Ended December 31,
	2025	2024	2023
Expected option term	4.44 years	4.43 years	4.39 years
Expected stock price volatility	22.40%	26.39%	27.37%
Risk-free interest rate	4.01%	4.34%	4.03%
Expected annual dividend yield	1.38%	1.45%	1.36%
Weighted average grant date fair value per stock option granted	$19.23	$20.86	$22.61

Summary of Stock Option Activity

The following table summarizes stock option activity under the Plan:

	Number of Options	Weighted  Average Exercise Price		Weighted Average Remaining Contractual Life (Years)	Aggregate Intrinsic Value (1) (in thousands)
Outstanding as of December 31, 2024	2,146,648	$	87.44
Granted	160,263	86.84
Exercised	(77,545)	71.50
Forfeited or expired	(227,565)	89.95
Outstanding as of December 31, 2025	2,001,801	$	87.72	5.35	$	6.0
Vested and expected to vest as of December 31, 2025	1,976,008	$	87.74	5.31	$	6.0
Exercisable as of December 31, 2025	1,538,113	$	87.93	4.63	$	6.0

Schedule of Share-Based Payment Award, Non-Option Equity Awards, Valuation Assumptions

The weighted average assumptions for time-based RSUs granted and resulting fair value is as follows:

	Year Ended December 31,
	2025	2024	2023
Vesting period	3.77 years	3.82 years	3.78 years
Expected annual dividend yield	1.47%	1.45%	1.39%
Weighted average grant date fair value per time-based RSU granted	$78.89	$78.26	$82.37

The weighted average assumptions for performance-based RSUs granted and resulting fair value is as follows:

	Year Ended December 31,
	2025	2024	2023
Vesting period	2.82 years	2.82 years	2.99 years
Expected annual dividend yield	1.42%	1.50%	1.36%
Weighted average grant date fair value per performance-based RSU granted	$81.05	$76.54	$84.77

The weighted average assumptions for market-based RSUs granted and resulting fair value is as follows:

	Year Ended December 31,
	2025	2024	2023
Vesting period	2.82 years	2.82 years	0 years
Weighted average grant date fair value per market-based RSU granted	$117.40	$89.25	$—

Summary of Restricted Stock Unit Activity

The following table summarizes the time-based RSU activity under the Plan:

	Number of Shares	Weighted Average Grant Date Fair Value
Outstanding as of December 31, 2024	586,016	$	81.13
Granted	381,215	78.89
Vested(1)	(214,835)	82.95
Forfeited	(116,431)	81.04
Outstanding as of December 31, 2025	635,965	$	79.19

(1) The number of awards vested includes shares withheld by the Company to pay up to maximum statutory requirements to taxing authorities on behalf of the employee. For the year ended December 31, 2025, the Company withheld 72,821 shares to satisfy $5.9 million of employees' tax obligations for time-based RSUs.

Share-Based Payment Arrangement, Performance Shares, Activity

The following table summarizes the performance-based RSU activity under the Plan:

	Number of Shares(1)	Weighted Average Grant Date Fair Value
Outstanding as of December 31, 2024	51,879	$	80.15
Granted	22,860	81.05
Vested(2)	(5,120)	85.64
Forfeited	(15,168)	81.55
Outstanding as of December 31, 2025	54,451	$	79.62

(1) Reflects activity at target level of awards and has not been adjusted for performance conditions, except for awards that vested during the period.

(2) The number of awards vested includes shares withheld by the Company to pay up to maximum statutory requirements to taxing authorities on behalf of the employee. For the year ended December 31, 2025, the Company withheld 1,722 shares to satisfy $0.1 million of employees' tax obligations for performance-based RSUs.

The following table summarizes the market-based RSU activity under the Plan:

	Number of Shares(1)	Weighted Average Grant Date Fair Value
Outstanding as of December 31, 2024	26,273	$	89.25
Granted	22,860	117.40
Vested(2)	—	—
Forfeited	(7,748)	97.78
Outstanding as of December 31, 2025	41,385	$	103.20

(1) Reflects activity at target level of awards and has not been adjusted for market conditions, except for awards that vested during the period.

(2) The number of awards vested includes shares withheld by the Company to pay up to maximum statutory requirements to taxing authorities on behalf of the employee. For the year ended December 31, 2025, the Company did not withhold any shares to satisfy employees' tax obligations since no awards vested.