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Stock-based Compensation (Tables)
3 Months Ended
Mar. 31, 2024
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, time-based restricted stock units (RSUs) and stock appreciation rights (SARs) was as follows:

(In thousands)

 

Three Months Ended
March 31,

 

2024

 

 

2023

 

$

1,372

 

 

$

999

 

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)

 

March 31,
2024

 

 

December 31,
2023

 

Stock options

 

$

211

 

 

$

127

 

Performance shares and RSUs

 

 

10,583

 

 

 

3,761

 

SARs

 

 

5,435

 

 

 

3,648

 

Share Based Payment Awards Granted in Period

The change in unrecognized compensation costs for stock options, performance shares, RSUs and SARs is due to new grants issued in 2024.

The Company granted the following awards in the first three months of 2024:

 

 

Shares

 

Stock options

 

 

3,356

 

Performance shares (at target) and RSUs

 

 

104,282

 

SARs

 

 

89,073