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STOCK-BASED COMPENSATION AND EQUITY (Tables) | 9 Months Ended
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Sep. 30, 2023
Share-Based Payment Arrangement [Abstract] |
Schedule of Total Stock-based Compensation Expense | The following table details total stock-based compensation expense for the three and nine months ended September 30, 2023 and 2022, included in the condensed consolidated statements of income:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(In thousands) | 2023 |  | 2022 |  | 2023 |  | 2022
Costs of revenue (exclusive of amortization and depreciation) | $ | 237 |  |  | $ | 274 |  |  | $ | 558 |  |  | $ | 851 |
Other expenses | 801 |  |  | 1,590 |  |  | 1,604 |  |  | 4,433 |
Pre-tax stock-based compensation expense | 1,038 |  |  | 1,864 |  |  | 2,162 |  |  | 5,284 |
Less: income tax effect | (228) |  |  | (410) |  |  | (476) |  |  | (1,162) |
Net stock-based compensation expense | $ | 810 |  |  | $ | 1,454 |  |  | $ | 1,686 |  |  | $ | 4,122 |
Schedule of Restricted Stock Activity | A summary of restricted stock activity under the Plan during the nine months ended September 30, 2023 and 2022 is as follows:
| Nine Months Ended September 30, 2023 |  | Nine Months Ended September 30, 2022 |  |
| Shares |  | Weighted-Average Grant Date Fair Value Per Share |  | Shares |  | Weighted-Average Grant Date Fair Value Per Share |  |  |  |
Unvested restricted stock outstanding at beginning of period | 281,161 |  |  | $ | 32.24 |  |  | 314,883 |  |  | $ | 29.79 |  |  |  |  |
Granted | 210,351 |  |  | 26.44 |  |  | 161,375 |  |  | 34.22 |  |  |  |  |
Vested | (145,529) |  |  | 31.35 |  |  | (181,405) |  |  | 29.79 |  |  |  |  |
Forfeited | (2,668) |  |  | 29.23 |  |  | (8,936) |  |  | 31.60 |  |  |  |  |
Unvested restricted stock outstanding at end of period | 343,315 |  |  | $ | 29.08 |  |  | 285,917 |  |  | $ | 32.23 |  |  |  |  |
Schedule of Performance Share Award Activity | A summary of performance share award activity under the Plan during the nine months ended September 30, 2023 and 2022 is as follows, based on the target award amounts set forth in the performance share award agreements:
| Nine Months Ended September 30, 2023 |  | Nine Months Ended September 30, 2022 |  |
| Shares |  | Weighted-Average Grant Date Fair Value Per Share |  | Shares |  | Weighted-Average Grant Date Fair Value Per Share |  |  |  |
Performance share awards outstanding at beginning of period | 252,375 |  |  | $ | 31.84 |  |  | 249,952 |  |  | $ | 29.59 |  |  |  |  |
Granted | 122,071 |  |  | 31.21 |  |  | 101,799 |  |  | 37.98 |  |  |  |  |
Forfeited or unearned | (100,655) |  |  | 27.46 |  |  | (45,060) |  |  | 31.70 |  |  |  |  |
Earned and issued | — |  |  | — |  |  | (27,317) |  |  | 31.75 |  |  |  |  |
Performance share awards outstanding at end of period | 273,791 |  |  | $ | 33.17 |  |  | 279,374 |  |  | $ | 32.09 |  |  |  |  |

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- Definition Tabular disclosure of the changes in outstanding nonvested performance-based units. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
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- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. + References No definition available. + Details
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