Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 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 in 2024, 2023, and 2022, and associated with the issuance of restricted shares of common stock and vesting of stock options that are included in general and administrative expenses in the accompanying consolidated statements of income (in thousands):

	Years ended December 31,
	2024		2023		2022
Stock options and ESPP	$	1,339	$	1,790	$	3,792
Restricted stock awards and units		33,197		20,250		12,309
Total stock-based compensation expense	$	34,536	$	22,040	$	16,101

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		(108,425	)		17.29		—		3.0
Options canceled, forfeited or expired		(7,271	)		50.56		—		—
Options outstanding at December 31, 2024		388,545		$	38.39		1.12	$	3.4
								`
Options exercisable at December 31, 2024		388,545		$	38.39		1.12	$	3.4

Share-based Payment Arrangement, Restricted Stock Awards and Units Activity

The Company’s unvested restricted stock awards and units activity for the year ended December 31, 2024 consisted of the following:

	Restricted Stock Awards and Units					Performance-Based Restricted Stock Awards
	Number of Shares			Weighted Average Grant-Date Fair Value		Number of Shares			Weighted Average Grant-Date Fair Value
Unvested as of January 1, 2024		713,284		$	60.98		627,333		$	35.05
Granted		573,487			43.64		855,287			44.43
Vested		(289,301	)		44.76		(78,206	)		37.79
Forfeited		(63,662	)		39.43		(120,085	)		36.25
Unvested as of December 31, 2024		933,808		$	56.82		1,284,329		$	41.02