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Stock-Based Compensation (Tables)
 3 Months Ended
Mar. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule Of Share Based Compensation Restricted Stock Awards Stock Options And Stock Appreciation Rights
Three Months Ended March 31,
20232022
(In thousands)
Stock-based compensation expense$1,408 $1,038 
Tax benefit on stock-based compensation$331 $254 
Share-based Payment Arrangement, Option, Activity
Three Months Ended March 31,
20232022
Number
of Shares
Weighted Average
Exercise Price (4)
Number
of Shares
Weighted Average
Exercise Price
Outstanding stock options, beginning of period319,166 $45.00 361,418 $45.00 
Granted (1)
— — 13,416 45.00 
Exercised(18,093)45.00 — — 
Forfeited or expired(29,373)35.00 — — 
Outstanding stock options, end of period (2)
271,700 $35.00 374,834 $45.00 
Exercisable stock options, end of period (3)
84,460 $35.00 — $45.00 
1.Stock options granted in January 2022 had an aggregate grant date fair value of $0.1 million and 100% vested on the first anniversary of the grant date.
2.Stock options outstanding as of March 31, 2023 had a weighted average remaining contractual term of 3.5 years and an aggregate intrinsic value of $2.4 million. The aggregate compensation cost related to outstanding options not yet recognized as of March 31, 2023 was $2.1 million with a weighted average remaining service period of 1.0 years.
3.Stock options exercisable as of March 31, 2023 had a weighted average remaining contractual term of 3.1 years and an aggregate intrinsic value of $0.7 million.
4.On January 6, 2023, in accordance with the provisions allowed under the LTIP, the Compensation Committee adjusted the exercise price of all outstanding stock options to $35.00 per share effective January 31, 2023 to account for the special dividend paid on that date.