Stock-based Compensation and Benefits (Tables)

6 Months Ended

Jun. 30, 2024

Stock-based Compensation and Benefits

Summary of outstanding stock options

The following table summarizes stock option activity for the six months ended June 30, 2024:

				Weighted
				average
		Weighted		remaining
		average		contractual	Aggregate
		exercise		term in	intrinsic
	Options	price		years	value
Outstanding at December 31, 2023	755,546	$	30.95	5.79	$	5,270
Granted	—		—
Exercised	(41,400)		20.58
Forfeited	(5,120)		38.33
Outstanding at June 30, 2024	709,026		31.50	5.52		5,617
Options exercisable at June 30, 2024	612,353		30.80	5.05		5,234
Options vested and expected to vest	699,778		31.45	5.48		5,576

Summary of Restricted Stock Activity

The following table summarizes restricted stock and performance stock unit activity during the six months ended June 30, 2024:

		Weighted				Weighted
	Restricted	average grant-		Performance		average grant-
	stock shares	date fair value		stock units		date fair value
Unvested at December 31, 2023	240,584	$	34.47	171,782	$	34.56
Granted	176,151		35.01	79,254		35.24
Adjustment due to performance	—		—	(530)		35.75
Vested	(88,311)		35.83	(46,490)		37.82
Forfeited	(9,132)		36.44	(2,390)		33.67
Unvested at June 30, 2024	319,292	$	34.33	201,626	$	34.27