XML 54 R36.htm IDEA: XBRL DOCUMENT v3.24.0.1
STOCK-BASED COMPENSATION (Tables)
 12 Months Ended
Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Options, Valuation Assumptions The weighted-average fair value of options granted and the weighted-average assumptions used in the Black-Scholes-Merton option pricing model for such grants were as follows:
202320222021
Dividend Yield— %— %— %
Expected Volatility51.6 %43.0 %44.0 %
Risk-free Interest Rate4.3 %1.5 %0.6 %
Expected Term (in years)4.54.54.4
Weighted-average Fair Value of Stock Options Granted$11.66$10.89$17.26
Schedule of Information about Stock Options Outstanding
The following table summarizes information about stock options outstanding at December 31, 2023:
 Options OutstandingOptions Exercisable
Range of Exercise
Prices
Number Outstanding
December 31, 2023
Weighted Average Remaining Contractual
Life
(in Years)		Weighted Average
Exercise Price
Number Exercisable
December 31, 2023
Weighted Average
Exercise Price
$20.00-30.00
551,340 7.06$26.31 207,140 $25.84 
  30.01-40.00
94,100 5.9435.06 94,100 35.06 
  40.01-50.00
263,366 5.6446.71 224,156 46.66 
  50.01-60.00
5,304 7.3553.55 3,536 53.55 
  20.00-60.00
914,110 6.5433.25 528,932 36.49 
Schedule of Stock Option Activity
The table below summarizes option activity for the year ended December 31, 2023:
Options
(In Thousands)		Weighted Average
Exercise Price		Weighted Average
Remaining
Contractual Term
(in Years)		Aggregate
Intrinsic Value
(in Thousands)		Weighted
Average Fair
Value
Outstanding at January 1, 2023727 $35.55 
Granted208 24.70 
Forfeited/Expired(18)28.16 
Exercised(3)29.16 
Outstanding at December 31, 2023914 33.25 6.54$2,536 $12.45 
Expected to Vest375 28.88 8.571,429 11.98 
Exercisable at December 31, 2023529 36.49 5.051,050 12.81 
Schedule of Restricted Stock Activity The following table summarizes information about restricted stock activity during 2023:
Restricted Stock
(In Thousands)		Weighted Average
Fair Value
Non-vested at January 1, 20231,028 $33.84 
Granted574 25.69 
Forfeited(115)26.30 
Vested(307)30.53 
Non-vested at December 31, 20231,180 31.47 
Schedule of Performance Share Units
The following table summarizes information about performance share unit activity during 2023:
Performance Share Units
(In Thousands)		Weighted Average
Fair Value
Non-vested at January 1, 2023
741 $39.86 
Granted358 25.57 
Forfeited
(50)26.57 
Vested(82)40.86 
Performance Factor Adjustment
(217)30.19 
Non-vested at December 31, 2023
750 36.38