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Stock Based Compensation (Tables)
6 Months Ended
Jun. 30, 2024
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 six-months ended June 30, 2024 and 2023.

 

 

 

For the Six-Months Ended June 30,

 

 

 

2024

 

 

2023

 

 

 

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

 

 

53,817

 

 

$

37.04

 

 

 

39,657

 

 

$

47.83

 

Grants

 

 

 

 

 

 

 

 

 

 

 

 

Vesting

 

 

 

 

 

 

 

 

 

 

 

 

Forfeited/expired

 

 

(2,389

)

 

 

34.80

 

 

 

(2,888

)

 

 

47.87

 

Balance at end of period

 

 

51,428

 

 

$

37.14

 

 

 

36,769

 

 

$

47.83

 

Schedule of Changes in Performance Stock Units

The following table summarizes information about the changes in PSUs as of and for the six-months ended June 30, 2024 and 2023.

 

 

 

For the Six-Months Ended June 30,

 

 

 

2024

 

 

2023

 

 

 

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

 

 

75,227

 

 

$

40.24

 

 

 

47,082

 

 

$

48.00

 

Grants

 

 

 

 

 

 

 

 

 

 

 

 

Vesting

 

 

(20,532

)

 

 

48.91

 

 

 

 

 

 

 

Forfeited/expired

 

 

(2,493

)

 

 

35.21

 

 

 

(3,456

)

 

 

48.04

 

Balance at end of period

 

 

52,202

 

 

$

37.07

 

 

 

43,626

 

 

$

48.00

 

 

Summary of Vested and Unvested Restricted Stock Outstanding

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

 

 

 

For the Six-Months Ended June 30,

 

 

 

2024

 

 

2023

 

 

 

Restricted
Stock
Outstanding

 

 

Weighted
Average
Grant Date
Fair Value

 

 

Restricted
Stock
Outstanding

 

 

Weighted
Average
Grant Date
Fair Value

 

Balance at beginning of period

 

 

25,190

 

 

$

27.79

 

 

 

24,813

 

 

$

36.21

 

Grants

 

 

22,950

 

 

 

30.51

 

 

 

25,190

 

 

 

27.79

 

Vesting

 

 

(25,190

)

 

 

27.79

 

 

 

(17,682

)

 

 

38.54

 

Forfeited/expired

 

 

 

 

 

 

 

 

(1,105

)

 

 

29.70

 

Balance at end of period

 

 

22,950

 

 

$

30.51

 

 

 

31,216

 

 

$

28.25

 

Schedule of Analysis of Stock Option Activity An analysis of stock option activity for the six-months ended June 30, 2024 is presented in the table and narrative below:​​​​​​​

 

 

 

Shares

 

 

Weighted-
Average Ex. Price

 

Outstanding, December 31, 2023

 

 

1,552,249

 

 

$

30.45

 

Granted

 

 

 

 

 

 

Exercised

 

 

(91,414

)

 

 

20.54

 

Cancelled

 

 

(54,795

)

 

 

33.42

 

Outstanding, June 30, 2024

 

 

1,406,040

 

 

 

30.97

 

Exercisable, June 30, 2024

 

 

850,354

 

 

$

26.23