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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2022
Restricted Stock Awards  
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Summary of Restricted Stock

The following table presents information about the Company's RSAs:

 

 

 

For the Three Months Ended
June 30,

 

 

For the Six Months Ended
June 30,

 

(in thousands)

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Compensation cost (a)

 

$

877

 

 

$

728

 

 

$

1,487

 

 

$

2,423

 

Dividends declared on unvested RSAs

 

 

106

 

 

 

97

 

 

 

203

 

 

201

 

Fair value of shares vested during the period

 

 

 

 

 

774

 

 

 

3,209

 

 

 

3,296

 

(a)
Includes $0.1 million compensation cost recognized from RSAs granted to non-employee directors for the three and six months ended June 30, 2022.

 

(in thousands, except recognition period)

 

June 30, 2022

 

 

December 31, 2021

 

Unamortized value of RSAs

 

$

6,794

 

 

$

4,715

 

Weighted average amortization period (in years)

 

 

2.5

 

 

 

2.4

 

Summary of Restricted Stock Activity

The following table presents information about the Company's RSA activity:

 

 

 

For the Three Months Ended June 30,

 

 

 

2022

 

 

2021

 

(in thousands, except per share amounts)

 

Number of Shares

 

 

Weighted Average
Grant Date Fair
Value per Share

 

 

Number of Shares

 

 

Weighted Average
Grant Date Fair
Value per Share

 

Unvested at beginning of period

 

 

367

 

 

$

20.33

 

 

 

416

 

 

$

19.62

 

Granted

 

 

33

 

 

 

20.23

 

 

 

2

 

 

 

19.76

 

Vested

 

 

 

 

 

 

 

 

(40

)

 

 

19.81

 

Forfeited

 

 

(8

)

 

 

19.95

 

 

 

 

 

 

 

Unvested at end of period

 

 

392

 

 

 

20.33

 

 

 

378

 

 

 

19.60

 

 

 

 

For the Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

(in thousands, except per share amounts)

 

Number of Shares

 

 

Weighted Average
Grant Date Fair
Value per Share

 

 

Number of Shares

 

 

Weighted Average
Grant Date Fair
Value per Share

 

Unvested at beginning of period

 

 

372

 

 

$

19.62

 

 

 

341

 

 

$

20.50

 

Granted

 

 

175

 

 

 

21.39

 

 

 

201

 

 

 

18.67

 

Vested

 

 

(146

)

 

 

19.80

 

 

 

(164

)

 

 

20.15

 

Forfeited

 

 

(9

)

 

 

20.06

 

 

 

 

 

 

 

Unvested at end of period

 

 

392

 

 

 

20.33

 

 

 

378

 

 

 

19.60

 

Performance-based Restricted Stock Units  
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Summary of Restricted Stock

The following tables present information about the Company's PRSUs:

 

 

 

For the Three Months Ended
June 30,

 

 

For the Six Months Ended
June 30,

 

(in thousands, except recognition period)

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Compensation cost

 

$

504

 

 

$

223

 

 

$

823

 

 

$

297

 

 

 

 

June 30, 2022

 

 

December 31, 2021

 

Unamortized value of PRSUs

 

$

4,490

 

 

$

1,931

 

Weighted average amortization period (in years)

 

 

2.3

 

 

 

2.2

 

Summary of Restricted Stock Activity

The following table presents information about the Company's PRSU activity:

 

 

For the Three Months Ended June 30,

 

 

 

2022

 

 

2021

 

(in thousands, except per share amounts)

 

Number of Shares

 

 

Weighted Average
Grant Date Fair
Value per Share

 

 

Number of Shares

 

 

Weighted Average
Grant Date Fair
Value per Share

 

Unvested at beginning of period

 

 

232

 

 

$

26.25

 

 

 

110

 

 

$

24.40

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

Vested

 

 

 

 

 

 

 

 

 

 

 

 

Forfeited

 

 

(1

)

 

 

27.93

 

 

 

 

 

 

 

Unvested at end of period

 

 

231

 

 

 

26.25

 

 

 

110

 

 

 

24.40

 

 

 

 

For the Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

(in thousands, except per share amounts)

 

Number of Shares

 

 

Weighted Average
Grant Date Fair
Value per Share

 

 

Number of Shares

 

 

Weighted Average
Grant Date Fair
Value per Share

 

Unvested at beginning of period

 

 

110

 

 

$

24.40

 

 

 

 

 

$

 

Granted

 

 

122

 

 

 

27.93

 

 

 

132

 

 

 

24.40

 

Vested

 

 

 

 

 

 

 

 

 

 

 

 

Forfeited

 

 

(1

)

 

 

27.93

 

 

 

(22

)

 

 

24.40

 

Unvested at end of period

 

 

231

 

 

 

26.25

 

 

 

110

 

 

 

24.40