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Share Based Compensation (Tables)
9 Months Ended
Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Restricted Stock and Performance Stock Units Granted
A summary of restricted stock and performance stock units (“PSU”) granted pursuant to our long-term incentive plan follows:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2024202320242023
Restricted stock81,35584,846
PSU18,82218,790
Share-Based Payment Arrangement, Option, Activity
A summary of outstanding stock option grants and related transactions follows:
Number of
Shares
Average
Exercise
Price
Weighted-
Average
Remaining
Contractual
Term (Years)
Aggregated
Intrinsic
Value
(In thousands)
Outstanding at January 1, 202411,724$11.73 
Granted— 
Exercised(5,583)8.96 
Forfeited— 
Expired— 
Outstanding at September 30, 20246,141$14.24 2.5$117 
Vested and expected to vest at September 30, 20246,141$14.24 2.5$117 
Exercisable at September 30, 20246,141$14.24 2.5$117 
Schedule of Nonvested Restricted Stock Units Activity
A summary of outstanding non-vested stock and related transactions follows:
Number
of Shares
Weighted-
Average
Grant Date
Fair Value
Outstanding at January 1, 2024269,233$22.93 
Granted100,17724.53 
Vested(95,498)20.49 
Forfeited(8,066)23.99 
Outstanding at September 30, 2024265,846$24.38 
Cash Proceeds Received and Tax Benefit from Share-Based Payment Awards
Certain information regarding options exercised during the periods follows:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2024202320242023
(In thousands)(In thousands)
Intrinsic value$— $— $91 $299 
Cash proceeds received$— $— $— $148 
Tax benefit realized$— $— $19 $63