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Stock-Based Compensation
6 Months Ended
Jun. 30, 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 and six months ended June 30, 2024 was $2.7 million and $6.9 million, respectively, compared to $2.7 million and $5.8 million in the three and six months ended June 30, 2023. At June 30, 2024, there was $13.0 million of unrecognized stock-based compensation cost which is expected to be recognized over a weighted-average remaining vesting period of 1.8 years.
    The following table summarizes the grants awarded during the six months ended June 30, 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