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Stock Incentive Plans (Tables)
6 Months Ended
Jun. 30, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-based Compensation Expense
The Company recorded share-based compensation expense as follows for the three and six months ended June 30, 2023 and 2022:
Three Months EndedSix Months Ended
June 30,
2023
June 30,
2022
June 30,
2023
June 30,
2022
Total share-based compensation expense$2,803 $2,884 $5,613 $5,306 
Schedule of Share-based Payment Arrangement Activity
Stock option transactions during the six months ended June 30, 2023 were as follows:

Stock OptionsWeighted-Average Exercise Price
Outstanding as of January 1376 $66.13 
Granted55 115.42 
Exercised— — 
Forfeited(61)44.97 
Outstanding as of June 30370 $76.91 
Schedule of Share Activity
Restricted share transactions during the six months ended June 30, 2023 were as follows:
Restricted SharesWeighted-Average Grant Date Fair Value
Outstanding as of January 1151 $87.82 
Granted78 114.92 
Vested(74)81.01 
Forfeited(5)103.85 
Outstanding as of June 30150 $104.76 
Director restricted share transactions during the six months ended June 30, 2023 were as follows:
Director Restricted SharesWeighted-Average Grant Date Fair Value
Outstanding as of January 115 $93.70 
Granted15 96.10 
Vested(15)93.70 
Forfeited— — 
Outstanding as of June 3015 $96.10 
Schedule of Activity of Performance Awards
Performance award transactions during the six months ended June 30, 2023 were as follows assuming target levels of performance:
Performance AwardsWeighted-Average Grant Date Fair Value
Outstanding as of January 170 $87.74 
Granted18 120.27 
Additional shares awarded based on performance68.75 
Earned(31)69.10 
Forfeited or unearned— — 
Outstanding as of June 3061 $105.95 
Schedule of Employee Stock Purchase Plan
Employee stock purchase plan activity and related information was as follows:

Six Months Ended
June 30,
2023
June 30,
2022
Shares purchased by participants under the ESPP
Average purchase price$94.23 $82.76 
Weighted-average fair value of each purchase right under the ESPP granted¹$10.47 $9.20 
Share-based compensation expense for ESPP$42 $42 
¹ Equal to the discount from the market value of the common stock at the end of each six month purchase period.