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Share-Based Compensation (Tables) | 6 Months Ended
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Jun. 30, 2025
Share-Based Payment Arrangement [Abstract] |
Schedule of Stock Option Valuation Assumptions | The fair value of options granted was estimated at the grant dates using the Black-Scholes option-pricing model and the following weighted average assumptions:
| Six Months Ended
| June 30,
| 2025 |  | 2024
Dividend yield | 5.2% |  | 6.4%
Expected volatility | 24.0% |  | 26.1%
Expected lives | 2.94 years |  | 2.9 years
Risk-free interest rate | 3.94% |  | 4.49%
Schedule of Stock Option Activity | The following table summarizes our stock options activity:
|  |  |  |  | Weighted |  |
|  |  | Weighted |  | Average |  |
|  |  | Average |  | Remaining |  |
| Number |  | Exercise Price |  | Contractual |  |
| of Options |  | Per Share |  | Life (Years) |  |
Options outstanding at December 31, 2023 | 2,447,171 |  |  | $ | 68.80 |  |  |  |  |
Granted | 431,000 |  |  | $ | 57.76 |  |  |  |  |
Exercised | (122,174) |  |  | $ | 54.03 |  |  |  |  |
Expired | (301,837) |  |  | $ | 79.96 |  |  |  |  |
Options outstanding at June 30, 2024 | 2,454,160 |  |  | $ | 66.23 |  |  |  |  |
Options exercisable at June 30, 2024 | 2,113,466 |  |  | $ | 67.74 |  |  |  |  |
Options outstanding at December 31, 2024 | 1,416,215 |  |  | $ | 71.06 |  |  |  |  |
Granted | 567,000 |  |  | $ | 73.38 |  |  |  |  |
Exercised | (106,817) |  |  | $ | 59.29 |  |  |  |  |
Forfeited | (46,836) |  |  | $ | 62.80 |  |  |  |  |
Expired | (491,000) |  |  | $ | 90.79 |  |  |  |  |
Options outstanding at June 30, 2025 | 1,338,562 |  |  | $ | 66.04 |  |  | 3.1 |  |
Options exercisable at June 30, 2025 | 918,041 |  |  | $ | 64.49 |  |  | 2.6 |  |
Schedule of Disclosure of Share-Based Compensation Arrangements by Share-Based Payment Award | Share-based compensation expense, net of any forfeitures, is included in general and administrative costs in our condensed consolidated statements of income and summarized below ($ in thousands):
| Three Months Ended |  | Six Months Ended
| June 30, |  | June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Restricted stock awards | $ | 351 |  |  | $ | 186 |  |  | $ | 575 |  |  | $ | 344 |
Stock options | 720 |  |  | 501 |  |  | 3,054 |  |  | 2,498 |
Total share-based compensation expense | $ | 1,071 |  |  | $ | 687 |  |  | $ | 3,629 |  |  | $ | 2,842 |

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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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