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Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2022

Share-Based Payment Arrangement [Abstract]

Stock-Based Compensation Expense and Related Tax Benefit

Total stock-based compensation expense and the related tax benefit were as follows:

			Three Months Ended September 30,												Nine Months Ended September 30,
In thousands			2022						2021						2022						2021
Stock options			$	236					$	344					$	798					$	1,055
Restricted stock units			4,430						5,104						15,883						16,546
Unrestricted stock awards			218						217						735						650
Phantom stock units			(176)						519						596						2,861
Total stock-based compensation			$	4,708					$	6,184					$	18,012					$	21,112
Related tax benefit			$	1,195					$	1,159					$	4,264					$	3,840

Employee Stock Options Activity

A summary of our stock option activity is as follows:

			Shares						Weighted Average Exercise Price per Share						Weighted Average Remaining Contractual Life						Aggregate Intrinsic Value						Weighted Average Grant Date Fair Value
			(In thousands)												(Years)						(In thousands)
Outstanding, January 1, 2021			433						$	61.95					6.9						$	14,697
Granted			—						—																		$	—
Exercised			(34)						67.21												1,215
Forfeited			(6)						83.33
Outstanding, September 30, 2021			393						$	61.18					6.1						$	6,496
Outstanding, January 1, 2022			393						$	61.18					5.9						$	4,737
Granted			—						—																		$	—
Exercised			—						—												—
Forfeited			(2)						87.27
Canceled			(8)						78.76
Outstanding, September 30, 2022			383						$	60.69					5.1						$	729
Exercisable, September 30, 2022			361						$	59.26					5.0						$	729

Restricted Stock Units Award Activity

The following table summarizes restricted stock unit activity:

In thousands, except fair value			Number of Restricted Stock Units						Weighted Average Grant Date Fair Value						Aggregate Intrinsic Value
Outstanding, January 1, 2021			544
Granted			212						$	97.96
Released (1)			(288)												$	28,494
Forfeited			(46)
Outstanding, September 30, 2021			422
Outstanding, January 1, 2022			430						$	85.77
Granted			371						53.32
Released (1)			(220)						79.96						$	11,441
Forfeited			(62)						71.77
Outstanding, September 30, 2022			519						66.83
Vested but not released, September 30, 2022			11												$	481

(1)     Shares released is presented as gross shares and does not reflect shares withheld by us for employee payroll tax obligations.

Restricted Stock Units, Valuation Assumptions

The weighted average assumptions used to estimate the fair value of performance-based restricted stock units granted with a service and market condition and the resulting weighted average fair value are as follows:

									Nine Months Ended September 30,
															2022						2021
Expected volatility															55.7		%				50.5		%
Risk-free interest rate															1.7		%				0.2		%
Expected term (years)															2.9						2.9
Weighted average fair value															$	57.88					$	113.75

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- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of restricted stock units, including, but not limited to: (a) expected term of stock units, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

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Tabular disclosure of share-based payment arrangement.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
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Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit.

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-Publisher FASB
-Name Accounting Standards Codification
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Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

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