Stock-based Compensation

6 Months Ended

Jun. 30, 2025

Stock-based Compensation

Stock-based Compensation

Note 22—Stock-based Compensation

Following is a summary of the stock-based compensation activity:

	Quarter ended June 30,				Six months ended June 30,
	2025		2024		2025		2024
	(in thousands)
Grants:
Units:
Performance-based restricted share units ("RSUs")		—		—		185		246
Stock options		—		—		187		188
Time-based RSUs		—		2		260		147
Grant date fair value:
Performance-based RSUs	$	—	$	—	$	18,788	$	20,915
Stock options		—		—		8,138		6,935
Time-based RSUs		—		145		26,484		12,478
Total	$	—	$	145	$	53,410	$	40,328
Vesting and exercise:
Performance-based RSUs vested		—		—		—		309
Stock options exercised		12		96		138		427
Time-based RSUs vested		2		2		187		211
Stock-based compensation expense	$	7,518	$	(2,212)	$	18,602	$	2,371