Annual report [Section 13 and 15(d), not S-K Item 405]

Stock-Based Compensation Plans (Tables)

v3.25.0.1
Stock-Based Compensation Plans (Tables)
 12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Schedule of Stock-based Compensation Expense Stock-based compensation expense and related tax benefits recognized under the 2006 Plan were as follows (in thousands):
For the years ended December 31,
  2024 2023 2022
Stock-settled bonus awards $ 428  $ 1,166  $ 1,186 
Time-vested stock awards
 3,727  2,639  2,089 
Performance share awards
 4,053  3,807  1,067 
Total $ 8,208  $ 7,612  $ 4,342 
Tax benefit recognized from stock-based compensation $ 2,048  $ 1,899  $ 1,083 
Schedule of Other Restricted Stock Awards
Time-vested stock award activity for the year ended December 31, 2024 was:
Number of Shares
Weighted Average Grant Date Fair Value
Unvested as of December 31, 2023 97,843 $ 44.68 
Granted 83,784  $ 79.30 
Vested (46,561) $ 45.13 
Forfeited (15,606) $ 57.12 
Unvested as of December 31, 2024 119,460 $ 67.16 
Schedule of Performance Shares Activity
Performance Share award activity for the year ended December 31, 2024 was:
Number of Shares
Weighted Average Grant Date Fair Value
Unvested as of December 31, 2023 168,280 $ 42.41 
Granted 45,246  $ 77.54 
Vested (73,442) $ 42.42 
Forfeited (29,927) $ 52.14 
Unvested as of December 31, 2024 110,157 $ 54.20