SHAREHOLDERS EQUITY (Tables)

3 Months Ended

Mar. 31, 2025

STOCK INCENTIVE PLANS

Schedule of transactions related to restricted stock units under 2016 plan and 2023 plan

The following table summarizes all transactions related to restricted stock units granted under the 2016 Plan and the 2023 Plan for the three months ended March 31, 2025:

(in thousands, except share amounts)	Number of Shares of Common Stock/Restricted Stock Units	Weighted Average Grant Date Fair Value
Non-vested as of December 31, 2024	214,493	$	38.81
Granted	124,349		44.70
Vested (1)	(87,897)		49.81
Forfeited	—		—
Non-vested as of March 31, 2025	250,945	$	45.07

(1) Vested shares include 21,094 shares of common stock that vested and were withheld for employee taxes.

Schedule of additional data related to restricted share unit activity

The following table provides additional data related to restricted stock unit grants under the 2016 Plan and the 2023 Plan:

(in thousands, except weighted-average period in years)	March 31, 2025
Total compensation cost, net of estimated forfeitures, related to non-vested restricted stock unit awards not yet recognized, pre-tax	$	6,201
Weighted-average period in years over which restricted stock unit cost is expected to be recognized (in years)		1.7
Total grant date fair value of shares of common stock vested during the year	$	1,598