XML 19 R13.htm IDEA: XBRL DOCUMENT v3.24.3
Stock-based Compensation
9 Months Ended
Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Stock-based Compensation
5.
STOCK-BASED COMPENSATION

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
September 30,

 

 

Nine Months Ended
September 30,

 

2024

 

 

2023

 

 

2024

 

 

2023

 

$

1,551

 

 

$

1,520

 

 

$

4,480

 

 

$

3,677

 

 

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

(In thousands)

 

September 30,
2024

 

 

December 31,
2023

 

Stock options

 

$

150

 

 

$

127

 

Performance shares and RSUs

 

 

4,049

 

 

 

3,761

 

SARs

 

 

3,753

 

 

 

3,648

 

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 nine months of 2024:

 

 

Shares

 

Stock options

 

 

3,356

 

Performance shares (at target) and RSUs

 

 

106,045

 

SARs

 

 

90,201

 

The unrecognized compensation costs at September 30, 2024, are expected to be recognized over weighted-average periods of 1.9 years for stock options, performance shares and RSUs and 1.8 years for SARs.