XML 29 R16.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Stock-Based Compensation
3 Months Ended
Mar. 31, 2024
Share-Based Payment Arrangement [Abstract]  
STOCK-BASED COMPENSATION STOCK-BASED COMPENSATION
    The Company has stock incentive plans for executives, directors and eligible employees. Stock awards include performance shares, restricted stock and stock options. Stock-based compensation expense in the three months ended March 31, 2024 was $4.2 million, compared to $3.2 million in the three months ended March 31, 2023. At March 31, 2024, there was $14.7 million of unrecognized stock-based compensation cost which is expected to be recognized over a weighted-average remaining vesting period of 1.9 years.
    The following table summarizes the grants awarded during the three months ended March 31, 2024:
Grant dateRestricted
stock
Grant date fair
value of
restricted stock
Performance
shares
Grant date fair
value of
performance
shares
February 26, 20243,087,822 $2.55 2,050,899 $2.77