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Stock-Based Compensation
6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Stock-Based Compensation
10.
Stock-Based Compensation

The following table summarizes the stock-based compensation expense recognized under all of the Company’s stock plans for the three and six months ended June 30, 2025 and 2024, and associated with the issuance of restricted stock awards and units, shares under the employee stock purchase plan (“ESPP”), and vesting of stock options that are included in cost of service and general and administrative expenses in the accompanying condensed consolidated statements of income (in thousands):

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Stock options and ESPP

 

$

68

 

 

$

427

 

 

$

137

 

 

$

776

 

Restricted stock awards and units

 

 

11,641

 

 

 

6,963

 

 

 

19,382

 

 

 

12,362

 

Total stock-based compensation expense

 

$

11,709

 

 

$

7,390

 

 

$

19,519

 

 

$

13,138

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrecognized compensation expense related to total share-based payments outstanding as of June 30, 2025, was $52.8 million.