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Capital Stock and Equity Awards (Tables)

6 Months Ended

Jun. 30, 2023

Stockholders' Equity Note [Abstract]

The Company declared the following dividends on common shares during the first six months of 2023 and 2022:


Date of Declaration	Dividend per Common Share		Payable to Shareholders of Record on	Payment Date	Total Amount

2023
February 16, 2023	$	0.05	March 13, 2023	March 31, 2023	$	1,921,802
April 27, 2023	$	0.05	June 12, 2023	June 30, 2023	1,921,040

	$	0.10			$	3,842,842

2022
February 16, 2022	$	0.05	March 14, 2022	March 31, 2022	$	1,908,482
April 28, 2022	$	0.05	June 13, 2022	June 30, 2022	$	1,907,953

	$	0.10			$	3,816,435

Schedule of Summary of Option Activity

The following table summarizes option activity:


	Six Months Ended June 30,
	2023			2022
	Shares	Weighted- Average Exercise Price		Shares	Weighted- Average Exercise Price
Outstanding:
Beginning of period	287,974	$	35.26	287,974	$	35.26
Granted	—	$	—	—	$	—
Exercised	—	$	—	—	$	—
Forfeited	(45,106)	$	34.92	—	$	—
Lapsed	(164,548)	$	32.07	—	$	—
End of period	78,320	$	42.17	287,974	$	35.26
Exercisable, end of period	78,320	$	42.17	287,974	$	35.26

Schedule of Summary of RSU Activity

The following table summarizes RSU activity:


	Six Months Ended June 30,
	2023			2022
	Shares	Weighted- Average Grant Date Fair Value		Shares	Weighted- Average Grant Date Fair Value

Unvested, beginning of period	665,458	$	25.98	292,135	$	45.89
Granted	363,484	$	24.83	538,778	$	20.50
Vested	(212,128)	$	28.93	(112,353)	$	45.49
Forfeited	(15,233)	$	23.10	(9,760)	$	22.97
Unvested, end of period	801,581	$	24.73	708,800	$	26.97

Schedule of Summary of Share Based Compensation Expense and Related Tax Benefit

Share based compensation expense is recognized on a straight-line basis over the vesting period. The amount of expense and related tax benefit is summarized below:


	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
	(in thousands)
Share based compensation expense	$	2,316	$	2,196	$	5,008	$	3,982
U.S. tax benefit on share based compensation expense	427		409		943		745