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Stock Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Compensation Expense and Related Net Tax Benefits
The following table presents a summary of the total share-based compensation expense and the related net tax benefits (deficiencies) associated with the Company’s various employee share-based compensation plans for the years ended December 31, 2022, 2021 and 2020:
($ in thousands)Year Ended December 31,
202220212020
Stock compensation costs$37,601 $32,567 $29,237 
Related net tax benefits (deficiencies) for stock compensation plans$5,293 $1,760 $(1,839)
Summary of Activities for Time-Based and Performance-Based Restricted Stock Units
The following table presents a summary of the activities for the Company’s time-based and performance-based RSUs that will be settled in shares for the year ended December 31, 2022. The number of outstanding performance-based RSUs stated below reflects the number of awards granted on the grant date.
Time-Based RSUsPerformance-Based RSUs
SharesWeighted-
Average
Grant Date
Fair Value
SharesWeighted-
Average
Grant Date
Fair Value
Outstanding, January 1, 2022
1,329,946 $52.65 369,731 $54.28 
Modified from cash-settled RSUs31,523 77.28 — — 
Granted444,359 78.15 91,874 77.91 
Vested(373,363)53.07 (125,213)54.64 
Forfeited(135,599)63.15 (3,882)77.91 
Outstanding, December 31, 2022
1,296,866 $60.77 332,510 $60.40 
Summary of Time-Based RSU's that Will be Settled in Cash
The following table presents a summary of the activities for the Company’s time-based RSUs that are cash-settled for the year ended December 31, 2022. During 2022, the amount of cash paid to settle the vested RSUs was $318 thousand.
Shares
Outstanding, January 1, 2022
32,647 
Modified to share-settled RSUs(31,523)
Granted2,668 
Vested(3,471)
Forfeited(321)
Outstanding, December 31, 2022