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Stock-Based Compensation (Tables) | 9 Months Ended
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Sep. 30, 2025
Share-Based Payment Arrangement [Abstract] |
Schedule of Stock-based Compensation Expense, Net of Forfeitures | For the three and nine months ended September 30, 2025 and 2024, stock-based compensation expense, net of forfeitures, was recorded as follows ($ in thousands):
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
|  | 2025 |  | 2024 |  | 2025 |  | 2024
Equity-classified awards: |  |  |  |  |  |  |  |
Restricted stock |  | $ | 1,150 |  |  | $ | 1,047 |  |  | $ | 3,447 |  |  | $ | 3,088 |
Market-based RSUs |  | 1,345 |  |  | 1,521 |  |  | 6,291 |  |  | 5,373 |
Performance-based RSUs |  | 456 |  |  | 510 |  |  | 2,052 |  |  | 1,543 |
Director grants |  | 410 |  |  | 391 |  |  | 1,259 |  |  | 1,196 |
Employee Stock Purchase Plan |  | 22 |  |  | 24 |  |  | 75 |  |  | 72 |
Total equity-classified award expense, net of forfeitures |  | $ | 3,383 |  |  | $ | 3,493 |  |  | $ | 13,124 |  |  | $ | 11,272 |
Schedule of Equity Classified Award Activity | The following table summarizes the grants of equity-classified awards made to employees by the Company during the nine months ended September 30, 2025 and 2024, respectively, (in thousands):
| Shares and Targeted Units Granted in
| 2025 |  | 2024
Market-based RSUs | 178 |  |  | 206 |
Performance-based RSUs | 77 |  |  | 88 |
Restricted stock | 179 |  |  | 204 |
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions | The Monte Carlo valuation used to determine the grant date fair value of the equity-classified Market-based RSUs included the following assumptions for those RSUs granted during nine months ended September 30, 2025 and 2024:
|  | Assumptions for RSUs Granted in
|  | 2025 |  | 2024
Volatility | (1) | 31.3 | % |  | 30.5 | %
Risk-free rate | (2) | 4.26 | % |  | 4.43 | %
Stock beta | (3) | 0.88 | % |  | 0.96 | %
(1) Based on historical volatility over three years using daily stock price. (2) Reflects the yield on three-year Treasury bonds. (3) Betas are calculated with up to three years of daily stock price data.

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- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -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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- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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