Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of Share-Based Compensation Expense

The following table summarizes the stock-based compensation expense recognized under all of the Company’s stock plans for the three and nine months ended September 30, 2024 and 2023, and associated with the issuance of restricted stock awards and units and vesting of stock options that are included in general and administrative expenses in the accompanying condensed consolidated statements of income (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
Stock options and ESPP	$	349	$	406	$	1,125	$	1,393
Restricted stock awards and units		5,814		5,300		18,176		11,971
Total stock-based compensation expense	$	6,163	$	5,706	$	19,301	$	13,364

Schedule of Stock Option Transactions Under Stock Option Plans

The Company’s outstanding stock options consisted of the following:

	Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value (In Millions)
Options outstanding at January 1, 2024		504,241		$	34.03		2.10	$	4.7
Options granted		—			—		—		—
Options exercised		(75,455	)		16.71		—		2.3
Options forfeited		(7,271	)		50.56		—		—
Options outstanding at September 30, 2024		421,515		$	36.84		1.28	$	10.9
Options exercisable at September 30, 2024		383,685		$	30.06		1.10	$	10.9