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Stock Based Compensation (Tables)
3 Months Ended
Mar. 31, 2023
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 three-months ended March 31, 2023 and 2022.

 

 

 

For the Three-Months Ended March 31,

 

 

 

2023

 

 

2022

 

 

 

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

 

 

39,657

 

 

$

47.83

 

 

 

22,597

 

 

$

48.91

 

Grants

 

 

 

 

 

 

 

 

 

 

 

 

Vesting

 

 

 

 

 

 

 

 

 

 

 

 

Forfeited/expired

 

 

(2,888

)

 

 

47.87

 

 

 

 

 

 

 

Balance at end of period

 

 

36,769

 

 

$

47.83

 

 

 

22,597

 

 

$

48.91

 

Schedule of Changes in Performance Stock Units

The following table summarizes information about the changes in PSUs as of and for the three-months ended March 31, 2023 and 2022.

 

 

 

For the Three-Months Ended March 31,

 

 

 

2023

 

 

2022

 

 

 

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

 

 

47,082

 

 

$

48.00

 

 

 

22,597

 

 

$

48.91

 

Grants

 

 

 

 

 

 

 

 

 

 

 

 

Vesting

 

 

 

 

 

 

 

 

 

 

 

 

Forfeited/expired

 

 

(3,456

)

 

 

48.04

 

 

 

 

 

 

 

Balance at end of period

 

 

43,626

 

 

$

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 Three-Months Ended March 31,

 

 

 

2023

 

 

2022

 

 

 

Restricted
Stock
Outstanding

 

 

Weighted
Average
Grant Date
Fair Value

 

 

Restricted
Stock
Outstanding

 

 

Weighted
Average
Grant Date
Fair Value

 

Balance at beginning of period

 

 

24,813

 

 

$

36.21

 

 

 

46,598

 

 

$

35.75

 

Grants

 

 

 

 

 

 

 

 

615

 

 

 

49.60

 

Vesting

 

 

(2,872

)

 

 

28.25

 

 

 

(3,161

)

 

 

32.06

 

Forfeited/expired

 

 

(1,105

)

 

 

29.70

 

 

 

(200

)

 

 

29.70

 

Balance at end of period

 

 

20,836

 

 

$

37.53

 

 

 

43,852

 

 

$

36.24

 

Schedule of Analysis of Stock Option Activity An analysis of stock option activity for the three-months ended March 31, 2023 is presented in the table and narrative below:​​​​​​​

 

 

 

Shares

 

 

Weighted-
Average Ex. Price

 

Outstanding, December 31, 2022

 

 

1,490,413

 

 

$

29.99

 

Granted

 

 

 

 

 

 

Exercised

 

 

(47,620

)

 

 

19.03

 

Cancelled

 

 

(32,255

)

 

 

43.69

 

Outstanding, March 31, 2023

 

 

1,410,538

 

 

 

30.05

 

Exercisable, March 31, 2023

 

 

722,398

 

 

$

22.27