Stock-based Compensation and Benefits (Tables)

3 Months Ended

Mar. 31, 2023

Stock-based Compensation and Benefits

Summary of Option Activity

The following table summarizes stock option activity for the three months ended March 31, 2023:

				Weighted
				average
		Weighted		remaining
		average		contractual	Aggregate
		exercise		term in	intrinsic
	Options	price		years	value
Outstanding at December 31, 2022	717,088	$	29.79	5.98	$	8,850
Granted	—		—
Exercised	(1,900)		18.09
Forfeited	—		—
Outstanding at March 31, 2023	715,188		29.82	5.70		3,863
Options exercisable at March 31, 2023	520,292		27.82	4.80		3,214
Options vested and expected to vest	704,495		29.65	5.66		3,859

Summary of Restricted Stock Activity

The following table summarizes restricted stock and performance stock unit activity during the three months ended March 31, 2023:

		Weighted				Weighted
	Restricted	average grant-		Performance		average grant-
	stock shares	date fair value		stock units		date fair value
Unvested at December 31, 2022	165,137	$	38.28	155,857	$	33.81
Granted	2,836		40.49	—		—
Adjustment due to performance	—		—	12,084		24.58
Vested	(633)		36.22	(36,236)		24.58
Forfeited	(1,162)		38.69	(1,030)		37.67
Unvested at March 31, 2023	166,178	$	38.33	130,675	$	35.49