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Stock-Based Compensation (Tables) | 12 Months Ended
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Dec. 31, 2022
Share-based Payment Arrangement [Abstract] |
Schedule of Company's stock-based compensation activity | The following table shows the Company’s stock-based compensation activity:
| Fiscal Years Ended December 31,
(in thousands) | 2022 |  | 2021 |  | 2020
Stock-based compensation expense recognized | $ | 12,503 |  |  | $ | 15,036 |  |  | $ | 11,384 |
Tax benefit of stock-based compensation expense in provision for income taxes | 3,133 |  |  | 3,787 |  |  | 2,859 |
Stock-based compensation expense, net of tax | $ | 9,370 |  |  | $ | 11,249 |  |  | $ | 8,525 |
Fair value of shares vested | $ | 25,565 |  |  | $ | 15,701 |  |  | $ | 21,921 |
Schedule of unvested restricted stock unit activity | The following table summarizes the Company’s unvested restricted stock unit activity for the year ended December 31, 2022:
| Shares (in thousands) |  | Weighted- Average Price |  | Aggregate Intrinsic Value * (in thousands)
Unvested Restricted Stock Units (RSUs) |  |
Outstanding as of January 1, 2022 | 344 |  |  | $ | 81.33 |  |  | $ | 47,721 |
Awarded | 186 |  |  | 119.60 |  |  |
Vested | (219) |  |  | 65.45 |  |  |
Forfeited | (9) |  |  | 99.29 |  |  |
Outstanding as of December 31, 2022 | 302 |  |  | $ | 102.10 |  |  | $ | 26,745 |
Outstanding and expected to vest at December 31, 2022 | 351 |  |  | $ | 97.86 |  |  | $ | 31,107 |
* The intrinsic value for outstanding and expected to vest is calculated using the closing price per share of $88.66, as reported by the New York Stock Exchange on December 31, 2022.
Share-based Payment Arrangement, Outstanding Award, Activity, Excluding Option | The Company awarded shares for service through 2022, 2021, and 2020 as shown below:
| December 31,
| 2022 | 2021 | 2020
Shares issued | 9,300 |  | 6,900 |  | 7,400 |
Shares settled with cash (foreign employees) | 7,400 |  | 6,500 |  | 5,200 |
Total award | 16,700 |  | 13,400 |  | 12,600 |

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