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Stock Based Compensation (Tables)
9 Months Ended
Sep. 30, 2024
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Option Activity

Weighted

Aggregate

Weighted

Average

Intrinsic

Average

Remaining

Value

 

Options

 

Exercise Price

 

Contractual Life

 

(in 000’s)

Outstanding options at January 1, 2024

1,641,710

$

92.62

Options granted

165,802

142.78

Options exercised

(237,765)

66.39

Options canceled/forfeited

(8,900)

113.28

Outstanding options at September 30, 2024

1,560,847

$

101.82

4.48

$

82,970

Exercisable options at September 30, 2024

920,068

$

88.05

3.35

$

61,578

Summary of Weighted Average Grant-date Assumptions and Weighted Average Fair Values

 

2024

 

2023

Weighted-average fair value of grants

$

31.29

$

26.71

Risk-free interest rates

4.92

%

3.41

%

Dividend yield

2.30

%

2.29

%

Expected volatility

23.08

%

22.96

%

Expected option life

5.00

years 

4.94

years

Schedule of Restricted Stock Units Activity

Weighted

Average

Grant Date

 

RSUs

 

Fair Value

Nonvested at January 1, 2024

45,093

$

125.16

Granted

20,681

143.43

Reinvested

269

146.77

Vested

(17,198)

122.96

Forfeited

(1,181)

134.00

Nonvested at September 30, 2024

47,664

$

133.79