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Share-Based Compensation (Tables) | 12 Months Ended
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Dec. 31, 2023
Share-Based Payment Arrangement [Abstract] |
Schedule of Income Tax Benefit Recognized for our Share-Based Compensation Arrangements | Compensation cost included in income from continuing operations, primarily selling, general and administrative expense, and the income tax benefit recognized for our share-based compensation arrangements is included below:
| Years Ended December 31,
| 2023 |  | 2022 |  | 2021
| (In thousands)
Total share-based compensation cost | $ | 21,024 |  |  | $ | 23,454 |  |  | $ | 22,627 |
Income tax benefit | 5,004 |  |  | 5,582 |  |  | 5,385 |
Schedule of Fair Values for SARs and Stock Options Estimated on Grant Date Using Black-Scholes-Merton Option-Pricing Formula Which Incorporates Assumptions |
| Years Ended December 31,
| 2023 |  | 2022 |  | 2021
| (In thousands, except weighted average fair value and assumptions)
Weighted-average fair value of SARs granted | $ | 39.44 |  |  | $ | 21.85 |  |  | $ | 18.30 |
Total intrinsic value of SARs exercised | 12,229 |  |  | 4,384 |  |  | 1,581 |
Tax benefit from SARs exercised | 660 |  |  | 678 |  |  | 327 |
Weighted-average fair value of restricted stock units granted | 95.32 |  |  | 61.61 |  |  | 51.76 |
Total fair value of restricted stock units vested | 19,821 |  |  | 16,830 |  |  | 12,623 |
Expected volatility | 43.45 | % |  | 43.00 | % |  | 45.34 | %
Expected term (in years) | 5.7 |  | 5.6 |  | 5.7
Risk-free rate | 4.26 | % |  | 1.89 | % |  | 0.70 | %
Dividend yield | 0.23 | % |  | 0.37 | % |  | 0.44 | %
Schedule of Share Based Compensation Activity |
| SARs |  | Restricted Stock Units
| Number |  | Weighted- Average Exercise Price |  | Weighted- Average Remaining Contractual Term |  | Aggregate Intrinsic Value |  | Number |  | Weighted- Average Grant-Date Fair Value
| (In thousands, except exercise prices, fair values, and contractual terms)
Outstanding at January 1, 2023 | 958 |  |  | $ | 64.13 |  |  | 4.8 |  | $ | 10,017 |  |  | 897 |  |  | $ | 54.59 |
Granted | 115 |  |  | 85.77 |  |  |  |  |  |  | 410 |  |  | 95.32 |
Exercised or converted | (576) |  |  | 67.85 |  |  |  |  |  |  | (398) |  |  | 49.77 |
Forfeited or expired | (84) |  |  | 63.97 |  |  |  |  |  |  | (210) |  |  | 59.98 |
Outstanding at December 31, 2023 | 413 |  |  | $ | 64.97 |  |  | 6.6 |  | $ | 6,220 |  |  | 699 |  |  | $ | 71.95 |
Exercisable or convertible at December 31, 2023 | 213 |  |  | $ | 61.16 |  |  | 4.8 |  | $ | 3,684 |  |  |  |  |

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- Definition Tabular disclosure of activity for award under share-based payment arrangement. Includes, but is not limited to, outstanding award at beginning and end of year, granted, exercised, forfeited, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
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- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (f)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
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