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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Disclosure of Share-based Compensation Arrangements by Share-based Payment Award The unamortized compensation cost of awards issued under the Incentive Plan totaled $8.2 million at December 31, 2024 as shown in the following table.

Equity Compensation Costs by Award Type

 

(In thousands)

 

Restricted Stock Units

 

 

Restricted Stock Awards

 

 

Performance Stock Units

 

 

Total

 

Unrecognized compensation cost at January 1, 2024

 

$

1,672

 

 

$

3,142

 

 

$

2,648

 

 

$

7,462

 

Equity grants

 

 

1,974

 

 

 

3,339

 

 

 

3,064

 

 

 

8,377

 

Equity grant forfeitures

 

 

(322

)

 

 

(274

)

 

 

(100

)

 

 

(696

)

Equity compensation expense

 

 

(1,463

)

 

 

(3,078

)

 

 

(2,446

)

 

 

(6,987

)

Unrecognized Compensation Cost at December 31, 2024

 

$

1,861

 

 

$

3,129

 

 

$

3,166

 

 

$

8,156

 

The following table summarizes the activities related to RSUs.

 

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

 

Units

 

 

Weighted
Average
Grant Date
Fair Value

 

 

Units

 

 

Weighted
Average
Grant Date
Fair Value

 

 

Units

 

 

Weighted
Average
Grant Date
Fair Value

 

Outstanding at beginning of period

 

 

191,081

 

 

$

26.83

 

 

 

206,786

 

 

$

26.60

 

 

 

159,524

 

 

$

26.53

 

Units granted

 

 

80,997

 

 

 

24.39

 

 

 

53,238

 

 

 

27.00

 

 

 

77,424

 

 

 

26.87

 

Units vested

 

 

(16,621

)

 

 

26.78

 

 

 

(68,943

)

 

 

26.28

 

 

 

(22,635

)

 

 

27.08

 

Units forfeited

 

 

(11,772

)

 

 

27.37

 

 

 

 

 

 

 

 

 

(7,527

)

 

 

26.57

 

Outstanding at End of Period

 

 

243,685

 

 

 

26.00

 

 

 

191,081

 

 

 

26.83

 

 

 

206,786

 

 

 

26.60

 

The following table summarizes the activities related to RSAs.

 

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

 

Units

 

 

Weighted
Average
Grant Date
Fair Value

 

 

Units

 

 

Weighted
Average
Grant Date
Fair Value

 

 

Units

 

 

Weighted
Average
Grant Date
Fair Value

 

Outstanding at beginning of period

 

 

198,636

 

 

$

27.67

 

 

 

157,030

 

 

$

27.25

 

 

 

113,695

 

 

$

27.58

 

Units granted

 

 

137,983

 

 

 

24.14

 

 

 

128,852

 

 

 

28.14

 

 

 

119,471

 

 

 

26.99

 

Units vested

 

 

(100,447

)

 

 

27.31

 

 

 

(86,213

)

 

 

27.61

 

 

 

(72,101

)

 

 

27.33

 

Units forfeited

 

 

(10,590

)

 

 

25.92

 

 

 

(1,033

)

 

 

27.66

 

 

 

(4,035

)

 

 

27.24

 

Outstanding at End of Period

 

 

225,582

 

 

 

25.75

 

 

 

198,636

 

 

 

27.67

 

 

 

157,030

 

 

 

27.25