STOCK-BASED COMPENSATION (Tables)

3 Months Ended

Mar. 31, 2023

STOCK-BASED COMPENSATION

Summary of share activity for all equity classified stock compensation

A summary of share activity for all equity classified stock compensation during the three months ended March 31, 2023 is presented below.

Type of Award	Shares Outstanding at 1/1/2023		Granted Shares		Vested / Exercised Shares		Expired Shares		Forfeited Shares		Shares Outstanding at 3/31/2023
Equity Classified - Performance Share Awards - Peer Group Market Condition Vesting		230,247		88,754		(72,141)		—		—		246,860
Equity Classified - Three Year Vest Restricted Shares		212,079		91,003		(74,229)		—		(240)		228,613
Total Shares		442,326		179,757		(146,370)		—		(240)		475,473

Schedule of amounts recognized for stock-based compensation

Amounts recognized in the financial statements for stock-based compensation are as follows (in thousands):

	Three Months Ended
	March 31, 2023		March 31, 2022
Total Cost of Share-Based Plans Charged Against Income	$	1,072	$	906

January 28, 2017

STOCK-BASED COMPENSATION

Summary of performance share awards activity

A summary of the activity for these awards during the three months ended March 31, 2023 is presented below: 

Performance Shares With Market Conditions	Shares		Wtd. Avg. Fair Value Per Share
Non-Vested at January 1, 2023		230,247	$	16.85
Granted		88,754	$	18.10
Vested		(72,141)	$	14.17
Expired		—		—
Forfeited		—		—
Non-Vested at March 31, 2023		246,860	$	18.08

Three-Year Vesting

STOCK-BASED COMPENSATION

Summary of nonvested restricted stock award activity

A summary of the activity for these awards during the three months ended March 31, 2023 is presented below:

Non-Vested Restricted Shares	Shares		Wtd. Avg. Fair Value Per Share
Non-Vested at January 1, 2023		212,079	$	17.97
Granted		91,003	$	19.24
Vested		(74,229)	$	16.00
Expired		—		—
Forfeited		(240)	$	18.88
Non-Vested at March 31, 2023		228,613	$	19.12