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Common Stock, Compensation Plans and Other (Tables)
9 Months Ended
Sep. 30, 2025
Equity [Abstract]  
Summary of Stock Option Transactions under Plan
The table below summarizes the stock option transactions under the Plan at September 30, 2025 and December 31, 2024 and changes during the nine-month period and year then ended:
For the Nine Months Ended September 30, 2025
For the Year Ended
December 31, 2024
Shares (000) Weighted-
Average
Exercisable
Price
Shares (000) Weighted-
Average
Exercisable
Price
Outstanding, beginning of year1,590 $22.66 2,776 $20.95 
Granted10 26.46 10 29.41 
Forfeited/Expired(15)22.00 (35)21.87 
Exercised(298)21.16 (1,161)18.65 
Outstanding, end of period1,287 23.05 1,590 22.66 
Exercisable, end of period1,015 22.88 1,044 22.34 
Summary of Stock Options on Valuation Assumptions
The assumptions used in determining the fair value of the 2025 and 2024 stock option grants were as follows:
For the Nine Months Ended September 30, 2025
For the Year Ended December 31, 2024
Expected dividend yield3.02 %2.65 %
Expected stock price volatility29.16 %28.47 %
Risk-free interest rate4.13 %4.25 %
Expected life of options6.5 years6.5 years
Summary of Currently Outstanding and Exercisable Options
The following is a summary of currently outstanding and exercisable options at September 30, 2025:
Options OutstandingOptions Exercisable
Exercise PricesOptions
Outstanding
Shares
(000)
Weighted-
Average
Remaining
Contractual
Life (in years)
Weighted-
Average
Exercise
Price
Options
Exercisable
Shares (000)
Weighted-
Average
Exercise
Price
$18.00 to $19.99
22 3.53$19.06 22 $19.06 
$20.00 to $21.99
139 2.7920.88 137 20.87 
$22.00 to $23.99
1,053 2.9223.20 815 23.18 
$24.00 to $25.99
53 3.1725.39 41 25.72 
$26.00 to $27.99
10 9.5526.46 — — 
$28.00 to $29.99
10 9.1129.41— — 
1,287 1,015 
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, 2025 and December 31, 2024 and changes during the period and year then ended:
As of
September 30, 2025
As of
December 31, 2024
(In thousands)
Beginning of year1,429 1,429 
Issued263 531 
Vested(554)(469)
Forfeited(13)(62)
End of period1,125 1,429 
Amount of expense for the nine months and twelve months ended, respectively
$7,403 $8,228