XML 40 R30.htm IDEA: XBRL DOCUMENT v3.25.1
Share-Based Compensation (Tables)
 3 Months Ended
Mar. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-Based Compensation Expenses
The components of the Company’s share-based compensation expense were as follows:
Three Months Ended March 31,
(in thousands)20252024
Stock options$1,519 $1,346 
Restricted stock3,327 3,477 
Performance vested restricted stock units5,569 4,271 
Total share-based compensation expense$10,415 $9,094 
Schedule of Stock-Based Award Activity
A summary of the share-based award activity during the three months ended March 31, 2025 is presented below:
 Stock OptionsRestricted StockPerformance Vested
Restricted Stock Units
 OptionsWeighted
Average
Exercise
Price		Weighted
Average
Remaining
Contractual
Life		SharesWeighted
Average
Grant Date
Fair Value		SharesWeighted
Average
Grant Date
Fair Value
Outstanding as of January 1, 2025771,641 $111.15 355,405 $136.67 467,521 $137.74 
Granted— — 34,379 143.27 146,539 151.10 
Performance-based leveraging (1)
— — — — 14,662 120.48 
Exercised/vested(42,264)109.78 (44,073)132.54 (116,107)151.76 
Expired(1,226)81.55 — — — — 
Forfeited(613)134.58 (4,378)121.20 (6,707)153.53 
Outstanding as of March 31, 2025727,538 $111.29 6.0 years341,333 $138.02 505,908 $137.61 
Options exercisable as of March 31, 2025582,137 $108.03 5.5 years
(1) Any revisions to the outstanding PVRSUs during the three months ended March 31, 2025 is based on the Company's performance relative to the targeted performance conditions in the respective PVRSUs.