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Common Stock, Compensation Plans and Other (Tables)

9 Months Ended

Sep. 30, 2024

Equity [Abstract]

Summary of Stock Option Transactions under Plan

The table below summarizes the stock option transactions under the Plan at September 30, 2024 and December 31, 2023 and changes during the nine-month period and year then ended:

			For the Nine Months Ended September 30, 2024												For the Year Ended December 31, 2023
			Shares (000)						Weighted- Average Exercisable Price						Shares (000)						Weighted- Average Exercisable Price
Outstanding, beginning of year			2,776						$	20.95					2,971						$	20.45
Granted			—						—						25						22.63
Forfeited/Expired			(33)						21.87						(10)						23.38
Exercised			(952)						18.13						(210)						14.01
Outstanding, end of period			1,791						22.43						2,776						20.95
Exercisable, end of period			1,253						22.11						1,940						20.05

Summary of Stock Options on Valuation Assumptions

The assumptions used in determining the fair value of the 2024 and 2023 stock option grants were as follows:

			For the Nine Months Ended September 30, 2024						For the Year Ended December 31, 2023
Expected dividend yield			Not Applicable						2.98		%
Expected stock price volatility			Not Applicable						27.97		%
Risk-free interest rate			Not Applicable						3.37		%
Expected life of options			Not Applicable						6.5 years

Summary of Currently Outstanding and Exercisable Options

The following is a summary of currently outstanding and exercisable options at September 30, 2024:

Options Outstanding																								Options Exercisable
Exercise Prices						Options Outstanding Shares (000)						Weighted- Average Remaining Contractual Life (in years)						Weighted- Average Exercise Price						Options Exercisable Shares (000)						Weighted- Average Exercise Price
$16.00 to $17.99						40						0.54						$	17.12					40						$	17.12
$18.00 to $19.99						188						1.32						18.53						188						18.53
$20.00 to $21.99						220						3.73						20.88						186						20.92
$22.00 to $23.99						1,253						3.90						23.22						767						23.19
$24.00 to $25.99						90						3.65						25.59						72						25.93
						1,791																		1,253

Summary of Company's Restricted Stock Issued and Outstanding

The table below summarized the activity for the Company’s restricted stock issued and outstanding at September 30, 2024 and December 31, 2023 and changes during the period and year then ended:

			As of September 30, 2024						As of December 31, 2023
			(In thousands)
Beginning of year			1,429						1,381
Issued			516						261
Vested			(461)						(152)
Forfeited			(59)						(61)
End of period			1,425						1,429
Amount of expense for the nine months and twelve months ended, respectively			$	5,963					$	8,016

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Tabular disclosure of the changes in outstanding nonvested restricted stock units.

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Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms.

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Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (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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