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Stock-based Compensation
 9 Months Ended
Sep. 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 nine months ended September 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 
Granted39 $62.80 
Forfeited(17)$54.53 
Vested(42)$43.07 $2,745 
Outstanding at September 30, 2024778 $62.00 
As of September 30, 2024, total unrecognized stock-based compensation expense related to restricted stock was $32.3 million, which is expected to be recognized over a weighted-average remaining period of 3.9 years.
During the three and nine months ended September 30, 2024, stock-based compensation expense was $3.5 million and $10.5 million, respectively. During the three and nine months ended September 30, 2023, stock-based compensation expense was $6.0 million and $14.6 million, respectively. Stock-based compensation is included in Selling, general and administrative expenses (“SG&A”) in the Unaudited Condensed Consolidated Statements of Operations.