The Company maintains stock incentive plans pursuant to which it can grant restricted shares, unrestricted shares, incentive stock options, non-qualified stock options, restricted stock units (“RSU’s”), performance stock units (“PSU’s”) or stock appreciation rights (“SAR’s”). The fair value of PSU’s and RSU’s is equal to the stock price on the date of the grant. Share-based compensation expense included in “Selling, general and administrative expenses” in the Condensed Consolidated Statements of Income, for the three months ended April 30, 2022 and 2021, was as follows:

	Three Months Ended
	April 30,
	2022		2021
Performance Stock Units	$	1,137	$	399
Restricted Stock Units		5,965		4,171
Total	$	7,102	$	4,570

Share-based awards granted and the weighted-average fair value of such awards for the three months ended April 30, 2022 was as follows:


	April 30, 2022
			Weighted-
	Awards		Average Fair
	Granted		Value
Performance Stock Units		167,500	$	25.38
Restricted Stock Units		945,600	$	25.38
Total		1,113,100

During the three months ended April 30, 2022, 80,001 PSU’s vested and 589,682 RSU’s vested.

The total unrecognized compensation cost related to outstanding share-based awards and the weighted-average period in which the cost is expected to be recognized as of April 30, 2022 was as follows:

	April 30, 2022
	Unrecognized		Weighted-
	Compensation		Average
	Cost		Years
Performance Stock Units	$	9,786		2.4
Restricted Stock Units		50,293		2.3
Total	$	60,079