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Common Stock and Stock-Based Awards (Tables)
6 Months Ended
Jun. 30, 2024
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule Of Unrecognized Compensation Cost And Remaining Weighted-Average Amortization Stock-Based Awards

As of June 30, 2024, the unrecognized compensation costs and remaining weighted-average amortization periods related to stock-based awards were as follows:

 

(in thousands)

 

Time-
Based Restricted
Stock Units

 

 

Performance-
Based Restricted
Stock Units
(1)

 

Unrecognized compensation cost

 

$

29,721

 

 

$

6,210

 

Remaining weighted-average amortization period

 

2.3 years

 

 

2.2 years

 

 

(1) Based on the probable achievement of the performance goals identified in each award.

Employee Stock Options [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of Stock Options

The following table summarizes activities relating to the Company’s stock options:

 

(in thousands, except per share data and years)

 

Number of
Options

 

 

Weighted-
Average
Exercise
Price

 

 

Weighted-
Average
Remaining
Contractual
Term (Years)

 

 

Aggregate
Intrinsic
Value

 

Outstanding as of December 31, 2023

 

 

37

 

 

$

23.07

 

 

 

 

 

 

 

Exercised

 

 

(34

)

 

 

23.07

 

 

 

 

 

 

 

Forfeited or expired

 

 

(2

)

 

 

22.99

 

 

 

 

 

 

 

Outstanding and exercisable as of June 30, 2024

 

 

1

 

 

 

23.14

 

 

 

0.6

 

 

$

15

 

Time-Based Restricted Stock Units (RSUs) [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of Stock-Based Awards

The following table summarizes the activities related to the Company’s time-based restricted stock units:

 

(in thousands, except per share data)

 

Number of
Units

 

 

Weighted-
Average
Grant Date
Fair Value

 

Non-vested awards outstanding as of December 31, 2023

 

 

1,246

 

 

$

25.43

 

Granted

 

 

592

 

 

 

30.64

 

Vested

 

 

(447

)

 

 

25.63

 

Forfeited

 

 

(132

)

 

 

26.59

 

Non-vested awards outstanding as of June 30, 2024

 

 

1,259

 

 

 

27.73

 

Performance-Based Restricted Stock Units [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of Stock-Based Awards

The following table summarizes the activities related to the Company’s performance-based restricted stock units:

 

(in thousands, except per share data)

 

Number of
Units

 

 

Weighted-
Average
Grant Date
Fair Value

 

Non-vested awards outstanding as of December 31, 2023

 

 

442

 

 

$

26.12

 

Granted(1)

 

 

198

 

 

 

29.62

 

Vested

 

 

(139

)

 

 

28.60

 

Forfeited

 

 

(103

)

 

 

26.57

 

Non-vested awards outstanding as of June 30, 2024

 

 

398

 

 

 

26.84

 

 

(1) Represents target number of units that can vest based on the achievement of the performance goals.