XML 20 R9.htm IDEA: XBRL DOCUMENT v3.24.2
Note 3 - Share-based Compensation
 6 Months Ended
Jun. 30, 2024
Notes to Financial Statements  
Share-Based Payment Arrangement [Text Block]

3.

Share-based Compensation

 

The following table summarizes the components of our share-based compensation program expense (in thousands):

 

   

Three Months Ended

June 30,

    

Six Months Ended

June 30,

  
   

2024

    

2023

    

2024

    

2023

  

Restricted share units:

  

Pretax compensation expense

   $ 13,409     $ 14,731     $ 25,817     $ 27,454  

Tax benefit

     3,540       3,799       6,816       7,080  

Restricted share unit expense, net of tax

   $ 9,869     $ 10,932     $ 19,001     $ 20,374  

Performance share units:

  

Pretax compensation expense

   $ 5,746     $ 5,866     $ 11,747     $ 12,391  

Tax benefit

     1,517       1,513       3,101       3,196  

Performance share unit expense, net of tax

   $ 4,229     $ 4,353     $ 8,646     $ 9,195  

 

As of June 30, 2024, we had $75.1 million and $39.7 million of total unrecognized compensation expense related to restricted share units and performance share units, respectively, that is to be recognized over the remaining weighted average period of approximately 2.6 years for restricted share units and 2.3 years for performance share units. During the six months ended June 30, 2024, we issued 36,860 shares for vested restricted share units and 138,115 shares for vested performance share units. Of this total, 4,477 shares for vested restricted share units and zero shares for vested performance share units were issued during the second quarter 2024.