XML 28 R16.htm IDEA: XBRL DOCUMENT v3.24.2
Stock-based Compensation
 6 Months Ended
Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Stock-based Compensation
Note I - Stock-Based Compensation
The following table presents the restricted stock activity for the six months ended June 30, 2024 (in thousands, except per share amounts):
Number of 
Restricted Stock		Weighted-Average
Grant Date
Fair Value		Total Intrinsic
Value of Restricted
Stock Vested
Outstanding at December 31, 2023798 $60.80 
Granted32 $63.06 
Forfeited(16)$52.94 
Vested(39)$43.76 $2,559 
Outstanding at June 30, 2024775 $61.92 
As of June 30, 2024, total unrecognized stock-based compensation expense related to restricted stock was $35.8 million, which is expected to be recognized over a weighted-average remaining period of 4.0 years.
During the three and six months ended June 30, 2024, stock-based compensation expense was $3.5 million and $7.0 million, respectively. During the three and six months ended June 30, 2023, stock-based compensation expense was $4.3 million and $8.6 million, respectively. Stock-based compensation is included in Selling, general and administrative expenses (“SG&A”) in the Unaudited Condensed Consolidated Statements of Operations.