Stock-based Compensation (Tables)

6 Months Ended

Jun. 30, 2023

Share-Based Payment Arrangement [Abstract]

Compensation Expense Recorded for All Stock Options, Stock Awards and Stock Appreciation Rights (SARs)

Compensation expense recorded for all stock options, performance shares, restricted stock units (RSUs) and stock appreciation rights (SARs) was as follows:

(In thousands)
Three Months Ended June 30,				Six Months Ended June 30,
2023		2022		2023		2022
$	1,158	$	3,998	$	2,157	$	6,955

Unrecognized Compensation Costs for Stock Options, Stock Awards and SARs

Unrecognized compensation costs for stock options, performance shares, RSUs and SARs were as follows:

(In thousands)	June 30, 2023		December 31, 2022
Stock options	$	449	$	692
Performance shares and RSUs		5,596		6,144
SARs		5,909		5,211

Share Based Payment Awards Granted in Period

The change in unrecognized compensation costs reflects the new 2023 grants of stock options, performance shares, RSUs and SARs and Company management lowering its assessment of the achievement of performance targets for certain grants.

The new 2023 grants were as follows:

	Shares
Stock options		2,777
Performance shares (at target) and RSUs		86,118
SARs		77,006

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