XML 70 R50.htm IDEA: XBRL DOCUMENT
v3.24.0.1

INCENTIVE COMPENSATION (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Share-Based Payment Arrangement [Abstract] |
Schedule of Compensation Cost and Income Tax Benefit | Compensation costs and the income tax benefit recognized for our stock-based compensation arrangements are included below:
| 2023 |  | 2022 |  | 2021
| (In thousands)
Equity-based awards compensation cost: |  |  |  |  |
Cost of sales | $ | 629 |  |  | $ | 959 |  |  | $ | 3,209 |
Selling, general and administrative expense | 6,958 |  |  | 5,904 |  |  | 7,420 |
Total cost | 7,587 |  |  | 6,863 |  |  | 10,629 |
Income tax benefit | 1,836 |  |  | 1,671 |  |  | 2,587 |
Net cost | $ | 5,751 |  |  | $ | 5,192 |  |  | $ | 8,042 |
Liability-based awards compensation cost: |  |  |  |  |
Selling, general and administrative expense | $ | 2,491 |  |  | $ | 1,773 |  |  | $ | 7,715 |
Income tax benefit | 603 |  |  | 432 |  |  | 1,878 |
Net cost | $ | 1,888 |  |  | $ | 1,341 |  |  | $ | 5,837 |
Schedule of RSU Activity | The Company’s RSU activity is included below:
| 2023 |  | 2022 |  | 2021
| Number |  | Weighted Average Milestone Date Fair Value(a) |  | Number |  | Weighted Average Milestone Date Fair Value(a) |  | Number |  | Weighted Average Milestone Date Fair Value(a)
| (In thousands, except weighted average fair values)
Equity-based RSUs: |  |  |  |  |  |  |  |  |  |  |
Outstanding at beginning of year | 993 |  |  | $ | 22.00 |  |  | 554 |  |  | $ | 20.40 |  |  | 584 |  |  | $ | 22.12 |
Transferred to liability-based awards | — |  |  | — |  |  | — |  |  | — |  |  | (8) |  |  | 23.53 |
Granted | 324 |  |  | 23.67 |  |  | 405 |  |  | 23.88 |  |  | 817 |  |  | 21.58 |
Vested | (378) |  |  | 22.25 |  |  | (266) |  |  | 23.25 |  |  | (153) |  |  | 19.48 |
Awards reinstated (forfeited) | (28) |  |  | 24.99 |  |  | 300 |  |  | 23.52 |  |  | (686) |  |  | 23.44 |
Outstanding at end of year | 911 |  |  | $ | 22.40 |  |  | 993 |  |  | $ | 22.00 |  |  | 554 |  | $ | 20.40 |
| 2023 |  | 2022 |  | 2021
| Number |  | Weighted Average Milestone Date Fair Value(a) |  | Number |  | Weighted Average Milestone Date Fair Value(a) |  | Number |  | Weighted Average Milestone Date Fair Value(a)
| (In thousands, except weighted average fair values)
Liability-based RSUs: |  |  |  |  |  |  |  |  |  |  |
Outstanding at beginning of year | 377 |  |  | $ | 23.80 |  |  | 574 |  |  | $ | 27.55 |  |  | 267 |  |  | $ | 19.35 |
Transferred from equity-based awards | — |  |  | — |  |  | — |  |  | — |  |  | 8 |  |  | 23.53 |
Granted | 158 |  |  | 24.21 |  |  | 269 |  |  | 22.09 |  |  | 358 |  |  | 21.61 |
Vested | (196) |  |  | 25.27 |  |  | (139) |  |  | 27.55 |  |  | (59) |  |  | 20.10 |
Forfeited | (97) |  |  | 22.81 |  |  | (327) |  |  | 24.71 |  |  | — |  |  | — |
Outstanding at end of year | 242 |  |  | $ | 27.66 |  |  | 377 |  |  | $ | 23.80 |  |  | 574 |  |  | $ | 27.55 |
(a)The milestone date fair value is either the closing price of the Company’s common stock on the grant date for equity-based awards or the closing price of a share of the Company’s common stock on the respective milestone date for cash-based liability-based awards (i.e., grant date, vesting date, forfeiture date or financial reporting date).

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration