Stock-based Compensation (Tables)

12 Months Ended

Dec. 31, 2024

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Schedule of Stock-based Compensation Expense

The total stock-based compensation expense for the years ended December 31, 2024, 2023, and 2022, the unrecognized compensation expense at December 31, 2024, and the weighted-average period to recognize the remaining unrecognized shares are as follows:

	Stock-Based Compensation Expense
	Recognized as of December 31,						Unrecognized  as of December 31,
	2024		2023		2022		2024		Weighted Average Period to Recognize (years)
Restricted Stock Units	$	10,654	$	9,413	$	9,300	$	13,910		1.5
Cash-Settled Restricted Stock Units		8,341		8,061		5,709		7,648		1.3
Non-Employee Director Awards		972		1,029		1,087		408		0.4
Performance Shares		5,096		4,416		2,784		5,177		1.4
Total	$	25,063	$	22,919	$	18,880	$	27,143

Summary of Non-employee Director Awards

The Company grants awards of registered shares to its non-employee directors on an annual basis under the A&R Omnibus Plan. A summary of the non-employee director awards is presented below:

	Number of Shares			Weighted- Average Grant Date Fair Value		Aggregate Intrinsic Value
Non-vested RSUs at January 1, 2022		5,586		$	90.73
Granted		11,399		$	95.35
Vested		(11,637	)	$	93.39
Cancelled		—		$	—
Non-vested RSUs at December 31, 2022		5,348		$	94.79
Granted		8,211		$	127.81
Vested		(9,457	)	$	109.14
Cancelled		—		$	—
Non-vested RSUs at December 31, 2023		4,102		$	127.81
Granted		6,618		$	135.91
Vested		(7,414	)	$	131.43
Cancelled		—		$	—
Non-vested RSUs at December 31, 2024		3,306		$	135.91	$	394
RSUs expected to vest in the future		3,306		$	135.91	$	394

Summary of Performance Shares Activity

A summary of the Company’s PSAs is presented below.

	Number of Shares			Weighted- Average Grant Date Fair Value		Aggregate Intrinsic Value
Non-vested PSAs at January 1, 2022		133,079		$	76.54
Granted		38,412		$	93.15
Vested		(47,634	)	$	82.38
Cancelled		(3,170	)	$	80.64
Non-vested PSAs at December 31, 2022		120,687		$	79.42
Granted		36,956		$	115.67
Vested		(45,141	)	$	58.76
Cancelled		(6,934	)	$	61.49
Non-vested PSAs at December 31, 2023		105,568		$	102.12
Granted		41,365		$	143.97
Vested		(46,630	)	$	95.72
Cancelled		(4,198	)	$	114.91
Non-vested PSAs at December 31, 2024		96,105		$	122.68	$	11,457
PSAs expected to vest in the future		59,863		$	138.01	$	7,136

Schedule of Fair Value Assumptions using Monte Carlo Simulation Model for Awards Granted

The fair value assumptions using the Monte Carlo simulation model for awards granted in 2024, 2023, and 2022 were:

	2024			2023			2022
Dividend Yield		0.4	%		0.5	%		0.6	%
Historical Volatility		29.3	%		33.6	%		39.0	%
Risk-Free Rate of Returns		4.4	%		3.8	%		2.1	%

Restricted Stock Units (RSUs)

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Schedule of Restricted Stock Unit Activity

A summary of the Company’s RSUs is presented below.

	Number of Shares			Weighted- Average Grant Date Fair Value		Aggregate Intrinsic Value
Non-vested RSUs at January 1, 2022		303,836		$	79.17
Granted		148,361		$	93.70
Vested		(140,666	)	$	76.53
Cancelled		(26,705	)	$	77.16
Non-vested RSUs at December 31, 2022		284,826		$	88.23
Granted		89,388		$	110.80
Vested		(93,881	)	$	78.05
Cancelled		(21,815	)	$	94.01
Non-vested RSUs at December 31, 2023		258,518		$	99.25
Granted		86,428		$	153.22
Vested		(107,168	)	$	95.65
Cancelled		(26,807	)	$	109.79
Non-vested RSUs at December 31, 2024		210,971		$	121.86	$	25,150
RSUs expected to vest in the future		192,949		$	120.99	$	23,002

Cash Settled RSUs

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Schedule of Restricted Stock Unit Activity

A summary of the Company’s CSRSUs is presented below.

	Number of Shares			Weighted- Average Grant Date Fair Value		Aggregate Intrinsic Value
Non-vested CSRSUs at January 1, 2022		166,260		$	72.79
Granted		115,024		$	97.88
Vested		(75,566	)	$	73.20
Cancelled		(17,299	)	$	80.02
Non-vested CSRSUs at December 31, 2022		188,419		$	87.28
Granted		70,742		$	110.65
Vested		(81,537	)	$	76.26
Cancelled		(19,040	)	$	91.94
Non-vested CSRSUs at December 31, 2023		158,584		$	102.82
Granted		38,653		$	153.15
Vested		(58,078	)	$	99.30
Cancelled		(9,424	)	$	114.93
Non-vested CSRSUs at December 31, 2024		129,735		$	118.51	$	15,466
CSRSUs expected to vest in the future		117,615		$	117.55	$	14,021