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Share-Based Compensation (Tables) | 12 Months Ended
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Dec. 31, 2024
Share-Based Payment Arrangement [Abstract] |
Schedule of Cash Proceeds Received from Share-based Payment Awards | The following table presents a summary of cash received, compensation costs recognized and excess tax benefit, related to the Company's share-based awards:
|  | Year Ended December 31,
|  | 2024 |  | 2023 |  | 2022
|  | (Amounts in thousands)
Cash received from stock option exercises |  | $ | 752 |  |  | $ | — |  |  | $ | — |
Compensation cost, all share-based awards |  | 4,648 |  |  | — |  |  | 15 |
Excess tax benefit, all share-based awards |  | (87) |  |  | — |  |  | (1) |
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions | The following table provides the assumptions used in the calculation of grant-date fair values of these stock options based on the Black-Scholes option pricing model:
Weighted-average grant-date fair value | $ | 8.09 |
Expected volatility | 33.18 | %
Risk-free interest rate | 2.62 | %
Expected dividend yield | 5.40 | %
Expected term in months | 72
Summary of Stock Option Activity | The following table presents a summary of the stock option activity for the year ended December 31, 2024:
| Shares |  | Weighted-Average Exercise Price
Outstanding at January 1, 2024 | 17,500 |  | $ | 43.01 |
Exercised | (17,500) |  |  | $ | 43.01 |
Canceled or expired | — |  |  | $ | — |
Outstanding at December 31, 2024 | — |  | $ | — |
Exercisable at December 31, 2024 | — |  | $ | — |
Disclosure of Share-Based Compensation Arrangements by Share-Based Payment Award | The following table presents the summary of the performance-based PSU grants as of December 31, 2024:
Grant year | 2024
Three-year performance period ending December 31, | 2026
Vesting shares, target (net of forfeited) | 197,516
Vesting shares, maximum (net of forfeited) | 296,274
Share-Based Payment Arrangement, Performance Shares, Activity | The following table presents a summary of performance-based PSU awards activity, based on target vesting, during 2024:
|  | Shares |  | Weighted- Average Fair Value per Share |
Outstanding at January 1 |  | — |  | $ | — |  |
Granted |  | 200,532 |  |  | $ | 39.12 |  |
Vested |  | — |  |  | $ | — |  |
Forfeited/Canceled |  | (3,016) |  |  | $ | 59.80 |  |
Expired |  | — |  |  | $ | — |  |
Outstanding at December 31 |  | 197,516 |  | $ | 66.48 |  |
Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity | The following table presents a summary of restricted PSU awards activity during 2024:
|  | Shares |  | Weighted- Average Fair Value per Share |
Outstanding at January 1 |  | — |  | $ | — |  |
Granted |  | 36,315 |  |  | $ | 61.67 |  |
Vested |  | — |  |  | $ | — |  |
Forfeited/Canceled |  | (726) |  |  | $ | 62.98 |  |
Expired |  | — |  |  | $ | — |  |
Outstanding at December 31 |  | 35,589 |  | $ | 66.48 |  |

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- Definition Tabular disclosure of cash received from exercise of stock options and similar instruments granted under share-based payment arrangements and tax benefit from exercise of stock options. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2A -Subparagraph (a) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2A + Details
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- Definition Tabular disclosure of share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -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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- 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 No definition available. + Details
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- Definition Tabular disclosure of number and weighted-average grant date fair value for nonvested performance shares. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Subparagraph (c) -Paragraph 2 -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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