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Stock-Based Compensation (Tables)
 12 Months Ended
Dec. 31, 2023
Stock-Based Compensation [Abstract]  
Unvested Restricted Stock Units Activity
The Company has outstanding restricted stock granted from various plans at December 31, 2023. The Company recognized $5.1 million, $4.5 million and $4.4 million in stock-based compensation expense related to these stock awards for the years ended December 31, 2023, 2022 and 2021, respectively. Tax benefits recognized with respect to restricted stock units were $1.3 million, $1.2 million and $1.9 million for the years ended December 31, 2023, 2022 and 2021, respectively. Unrecognized compensation cost related to restricted stock units totaled $5.4 million at December 31, 2023 and will be recognized over 1.4 years on a weighted average basis. Shares issued are funded from the Company’s treasury stock. The following table summarizes information for unvested restricted stock units outstanding as of December 31, 2023:

 
  
Number
of Shares
    
Weighted-
Average Grant
Date Fair Value
  
Unvested at January 1, 2023
    
532,372
    
$
32.15
  
Forfeited
    
(4,597
)
    
33.85
  
Vested
    
(126,312
)
    
31.41
  
Granted
    
139,187
      
33.73
  
Unvested at December 31, 2023
    
540,650
    
$
32.72
  
Stock Option Activity
The following table summarizes information concerning stock options outstanding:

(In thousands, except share and per share data)
  
Number
of Shares
    
Weighted
Average
Exercise Price
    
Weighted Average
Remaining
Contractual Term
(in Years)
    
Aggregate
Intrinsic
Value
  
Outstanding at January 1, 2023
    
9,100
    
$
29.89
              
Exercised
    
(3,630
)
    
25.09
              
Expired
    
(120
)
    
26.29
              
Outstanding at December 31, 2023
    
5,350
    
$
33.24
      
2.50
    
$
46
  
                                 
Exercisable at December 31, 2023
    
5,350
    
$
33.24
      
2.50
    
$
46
  
Cash Proceeds, Tax Benefits and Intrinsic Value of Stock Options Exercised
There was no stock-based compensation expense for stock option awards for the years ended December 31, 2023, 2022 and 2021. Cash proceeds, tax benefits and intrinsic value related to total stock options exercised is as follows: 

 
Years Ended December 31,
  
(In thousands)
  
2023
    
2022
    
2021
  
Proceeds from stock options exercised
  
$
91
    
$
-
    
$
112
  
Tax benefits related to stock options exercised
    
13
      
-
      
13
  
Intrinsic value of stock options exercised
    
50
      
-
      
52