XML 29 R16.htm IDEA: XBRL DOCUMENT v3.24.3
Stock-Based Compensation
 9 Months Ended
Sep. 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 nine months ended September 30, 2024 was $2.8 million and $9.8 million, respectively, compared to $2.6 million and $8.5 million in the three and nine months ended September 30, 2023. At September 30, 2024, there was $11.3 million of unrecognized stock-based compensation cost which is expected to be recognized over a weighted-average remaining vesting period of 1.6 years.
    The following table summarizes the grants awarded during the nine months ended September 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 
August 9, 202477,354 $5.44 3,568 $2.77