Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2022

Share-Based Payment Arrangement [Abstract]

Summary of Option Activity

Stock option activity for the year ended December 31, 2022 were as follows:

	Number of Stock Options	Weighted- Average Exercise Price Per Share		Weighted-Average Remaining Contractual Life (Years)	Aggregate Intrinsic Value (in thousands)
Outstanding at January 1, 2022	317,779	$	35.30
Granted	—	$	—
Exercised	(109,186)	$	31.82
Expired	(2,150)	$	39.75
Forfeited	(7,167)	$	42.88
Outstanding at December 31, 2022	199,276	$	36.89	5.4	$	2,537
Exerciseable at December 31, 2022	199,276	$	36.89	5.4	$	2,537

Schedule of Nonvested Options Activity

Changes in nonvested stock options for the year ended December 31, 2022 were as follows:

	Number of Stock Options	Weighted- Average Grant Date Fair Value
Nonvested at January 1, 2022	59,605	$	15.93
Granted	—	$	—
Vested	(52,438)	$	15.90
Forfeited	(7,167)	$	16.10
Nonvested at December 31, 2022	—	$	—

Schedule of Assumptions Used

The assumptions used to compute the fair value of stock option grants under the 2020 Stock Incentive Plan for years ended December 31, 2022, 2021, and 2020 were as follows:

	Years Ended December 31,
	2022	2021	2020
Risk-free interest rate	N/A	N/A	1.59	%
Expected volatility	N/A	N/A	37.75	%
Expected dividends	N/A	N/A	—
Expected term (in months)	N/A	N/A	66

The weighted-average assumptions used to determine the net periodic benefit costs under the two plans were as follows:

	Years Ended December 31,
	2022	2021	2020
Discount rate used to determine pension expense
Pension Plan	2.85%	2.50%	3.22%
LaBarge Retirement Plan	2.35%	1.85%	2.85%

The weighted-average assumptions used to determine the benefit obligations under the two plans were as follows:

	December 31,
	2022	2021	2020
Discount rate used to determine value of obligations
Pension Plan	5.11%	2.85%	2.50%
LaBarge Retirement Plan	5.00%	2.35%	1.85%
Long-term rate of return - Pension Plan only	6.25%	6.25%	6.25%

Schedule of Restricted Stock Units Activity

Restricted stock unit activity for the year ended December 31, 2022 was as follows:

	Number of Restricted Stock Units	Weighted- Average Grant Date Fair Value
Outstanding at January 1, 2022	202,282	$	44.85
Granted	118,847	$	51.76
Vested	(74,222)	$	44.28
Forfeited	(45,112)	$	50.72
Outstanding at December 31, 2022	201,795	$	47.81

Schedule of Performance-based Units Activity

Performance stock activity for the year ended December 31, 2022 was as follows:

	Number of Performance Stock Units	Weighted- Average Grant Date Fair Value
Outstanding at January 1, 2022	299,563	$	41.16
Granted	111,654	$	48.18
Vested	(89,309)	$	44.65
Forfeited	(20,554)	$	45.61
Outstanding at December 31, 2022	301,354	$	42.42