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Stock Based Compensation (Tables)
12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Service-Based Options Granted
The fair values for Service-Based options granted for the year ended December 31, 2022 were estimated using the Black-Scholes option pricing model with the below weighted-average assumptions.
Year Ended December 31,
202420232022
Expected lives of options (years)N/AN/A9.4
Expected volatilityN/AN/A43.3 %
Risk free interest rateN/AN/A3.7 %
Dividend yield rateN/AN/A5.0 %
Schedule of Stock Option Award Activity Stock option activity under our option plans, restated as applicable for stock dividends, for the years ended December 31, 2024, 2023 and 2022 were as follows.
Year Ended December 31,
202420232022
Number of
Shares
Weighted-
Average
Exercise
Price
Number of
Shares
Weighted-
Average
Exercise
Price
Number of
Shares
Weighted-
Average
Exercise
Price
Outstanding Stock Option Activity
Outstanding, beginning of year3,184,473 $28.45 4,684,481 $26.30 4,240,004 $23.64 
Granted— N/A— — 1,846,534 28.97 
Exercised(1,653)17.20 (1,500,008)21.74 (1,402,057)21.77 
Forfeited— N/A— N/A— — 
Cancelled(3,182,820)28.46 — N/A— — 
Outstanding, end of year— $— 3,184,473 $28.45 4,684,481 $26.30 
Schedule of Nonvested Share Activity
Year Ended December 31,
202420232022
Number of
Shares
Weighted-
Average
Fair Value
Number of
Shares
Weighted-
Average
Fair Value
Number of
Shares
Weighted-
Average
Fair Value
Unvested Stock Option Activity
Outstanding, beginning of year— $— 144,000 $8.73 432,000 $8.25 
Granted— — — — 1,846,534 8.36 
Vested— — (144,000)8.73 (2,134,534)8.32 
Forfeited— — — — — — 
Unvested, end of year— $— — $— 144,000 $8.73 
Schedule of Nonvested Restricted Stock Units Activity Non-vested restricted stock awards, restated as applicable for stock dividends, at December 31, 2024, 2023 and 2022 and changes during those years were as follows:
Year Ended December 31,
202420232022
Number of
Shares
Weighted-
Average
Grant Date
Fair Value
Number of
Shares
Weighted-
Average
Grant Date
Fair Value
Number of
Shares
Weighted-
Average
Grant Date
Fair Value
Unvested, beginning of year444,649 $45.18 363,801 $46.58 347,552 $47.27 
Granted— — 289,694 43.14 240,536 45.21 
Vested(444,348)45.17 (205,193)44.66 (210,157)45.88 
Forfeited(301)55.40 (3,653)51.96 (14,130)50.67 
Unvested, end of year— $— 444,649 $45.18 363,801 $46.58