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Note 3 - Share-based Compensation
 9 Months Ended
Sep. 30, 2025
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

September 30,

    

Nine Months Ended

September 30,

  
   

2025

    

2024

    

2025

    

2024

  

Restricted share units:

  

Pretax compensation expense

   $ 15,423     $ 13,842     $ 41,968     $ 39,659  

Tax benefit

     4,047       3,654       11,012       10,470  

Restricted share unit expense, net of tax

   $ 11,376     $ 10,188     $ 30,956     $ 29,189  
   

Performance share units:

  

Pretax compensation expense

   $ 5,164     $ 5,971     $ 16,727     $ 17,717  

Tax benefit

     1,355       1,576       4,389       4,677  

Performance share unit expense, net of tax

   $ 3,809     $ 4,395     $ 12,338     $ 13,040  

 

As of September 30, 2025, we had $66.5 million and $35.7 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 2.8 years for restricted share units and 2.2 years for performance share units. During the nine months ended September 30, 2025, we issued 40,686 shares for vested restricted share units and 84,001 shares for vested performance share units. Of this total, 34,838 shares for vested restricted share units and zero shares for vested performance share units were issued during the third quarter 2025.