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Stock Based Compensation (Tables)
9 Months Ended
Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of Changes in Restricted Stock Units The following table summarizes information about the changes in restricted stock units for the nine-months ended September 30, 2022 and 2021.

 

 

 

For the Nine-Months Ended September 30,

 

 

 

2022

 

 

2021

 

 

 

Restricted
Stock Units
Outstanding

 

 

Weighted
Average
Grant Date
Fair Value

 

 

Restricted
Stock Units
Outstanding

 

 

Weighted
Average
Grant Date
Fair Value

 

Balance at beginning of period

 

 

22,597

 

 

$

48.91

 

 

 

 

 

$

 

Grants

 

 

24,833

 

 

 

47.19

 

 

 

22,597

 

 

 

48.91

 

Vesting

 

 

(7,425

)

 

 

48.91

 

 

 

 

 

 

 

Forfeited/expired

 

 

(348

)

 

 

48.91

 

 

 

 

 

 

 

Balance at end of period

 

 

39,657

 

 

$

47.83

 

 

 

22,597

 

 

$

48.91

 

Performance Stock Units

Schedule of Changes in Performance Stock Units

The following table summarizes information about the changes in PSUs as of and for the nine-months ended September 30, 2022 and 2021.

 

 

 

For the Nine-Months Ended September 30,

 

 

 

2022

 

 

2021

 

 

 

Performance-Based Restricted
Stock Units
Outstanding

 

 

Weighted
Average
Grant Date
Fair Value

 

 

Performance-Based Restricted
Stock Units
Outstanding

 

 

Weighted
Average
Grant Date
Fair Value

 

Balance at beginning of period

 

 

22,597

 

 

$

48.91

 

 

 

 

 

$

 

Grants

 

 

24,833

 

 

 

47.19

 

 

 

22,597

 

 

 

48.91

 

Vesting

 

 

 

 

 

 

 

 

 

 

 

 

Forfeited/expired

 

 

(348

)

 

 

48.91

 

 

 

 

 

 

 

Balance at end of period

 

 

47,082

 

 

$

48.00

 

 

 

22,597

 

 

$

48.91

 

Summary of Vested and Unvested Restricted Stock Outstanding

The following table summarizes information about vested and unvested restricted stock.

 

 

 

For the Nine-Months Ended September 30,

 

 

 

2022

 

 

2021

 

 

 

Restricted
Stock
Outstanding

 

 

Weighted
Average
Grant Date
Fair Value

 

 

Restricted
Stock
Outstanding

 

 

Weighted
Average
Grant Date
Fair Value

 

Balance at beginning of period

 

 

46,598

 

 

$

35.75

 

 

 

95,888

 

 

$

29.89

 

Grants

 

 

15,425

 

 

 

40.89

 

 

 

12,110

 

 

 

49.58

 

Vesting

 

 

(23,898

)

 

 

40.40

 

 

 

(31,081

)

 

 

28.42

 

Forfeited/expired

 

 

(200

)

 

 

29.70

 

 

 

(1,389

)

 

 

32.76

 

Balance at end of period

 

 

37,925

 

 

$

34.94

 

 

 

75,528

 

 

$

33.60

 

 

Schedule of Analysis of Stock Option Activity An analysis of stock option activity for the nine-months ended September 30, 2022 is presented in the table and narrative below:​​​​​​​

 

 

 

Shares

 

 

Weighted-
Average Ex. Price

 

Outstanding, December 31, 2021

 

 

1,669,976

 

 

$

25.11

 

Granted

 

 

240,583

 

 

 

47.19

 

Exercised

 

 

(322,324

)

 

 

18.53

 

Cancelled

 

 

(54,854

)

 

 

30.26

 

Outstanding, September 30, 2022

 

 

1,533,381

 

 

 

29.77

 

Exercisable, September 30, 2022

 

 

804,219

 

 

$

21.93