Note 3 - Share-based Compensation

3 Months Ended

Mar. 31, 2025

Notes to Financial Statements

Share-Based Payment Arrangement [Text Block]

3. Share-based Compensation

The following table summarizes the components of our share-based compensation program expense (in thousands):

	Three Months Ended March 31,
	2025		2024
Restricted share units:
Pretax compensation expense	$	12,043	$	12,408
Tax benefit		3,175		3,214
Restricted share unit expense, net of tax	$	8,868	$	9,194
Performance share units:
Pretax compensation expense	$	6,401	$	6,001
Tax benefit		1,687		1,554
Performance share unit expense, net of tax	$	4,714	$	4,447

As of March 31, 2025, we had $94.0 million and $46.0 million of total unrecognized compensation expense related to restricted share units and performance share units, respectively, that is to be recognized over the remaining weighted average period of approximately 2.7 years for restricted share units and 2.5 years for performance share units. During the three months ended March 31, 2025, we issued 4,092 shares for vested restricted share units and 84,001 shares for vested performance share units.