XML 63 R51.htm IDEA: XBRL DOCUMENT v3.25.3
Note 19 - Stock-based Compensation (Tables)
9 Months Ended
Sep. 30, 2025
Notes Tables  
Schedule of Share-based Compensation Arrangement by Share-based Payment Award Fair Value Assumptions and Methodology [Table Text Block]

Assumptions

 

2025

   

2024

 

Dividend yield

    2.26 %     2.29 %

Expected volatility

    29.29 %     28.43 %

Risk free interest rate

    4.42 %     4.16 %

Expected life (in years)

    7.8       7.1  
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]
   

Three months ended September 30, 2025

 

(in thousands)

 

Stock

Appreciation

Rights

   

Restricted

Stock Awards

   

Restricted

Stock Units

   

Performance

Stock Units

   

Total

 
                                         

Expense

  $ 113     $ 494     $ 122     $ 384     $ 1,113  

Deferred tax benefit

    (24 )     (104 )     (26 )     (80 )     (234 )

Total net expense

  $ 89     $ 390     $ 96     $ 304     $ 879  
   

Three months ended September 30, 2024

 

(in thousands)

 

Stock

Appreciation

Rights

   

Restricted

Stock Awards

   

Restricted

Stock Units

   

Performance

Stock Units

   

Total

 
                                         

Expense

  $ 72     $ 420     $ 125     $ 305     $ 922  

Deferred tax benefit

    (15 )     (88 )     (27 )     (64 )     (194 )

Total net expense

  $ 57     $ 332     $ 98     $ 241     $ 728  
   

Nine months ended September 30, 2025

 

(in thousands)

 

Stock

Appreciation

Rights

   

Restricted

Stock Awards

   

Restricted

Stock Units

   

Performance

Stock Units

   

Total

 
                                         

Expense

  $ 329     $ 1,432     $ 388     $ 1,238     $ 3,387  

Deferred tax benefit

    (69 )     (301 )     (82 )     (260 )     (712 )

Total net expense

  $ 260     $ 1,131     $ 306     $ 978     $ 2,675  
    Nine months ended September 30, 2024  

(in thousands)

 

Stock

Appreciation

Rights

   

Restricted

Stock Awards

   

Restricted

Stock Units

   

Performance

Stock Units

   

Total

 
                                         

Expense

  $ 212     $ 1,258     $ 374     $ 1,028     $ 2,872  

Deferred tax benefit

    (45 )     (264 )     (79 )     (216 )     (604 )

Total net expense

  $ 167     $ 994     $ 295     $ 812     $ 2,268  
Share-Based Payment Arrangement, Nonvested Award, Cost [Table Text Block]
   

Stock

                                 

(in thousands)

 

Appreciation

   

Restricted

   

Restricted

   

Performance

         

Year ended

 

Rights

   

Stock Awards

   

Stock Units

   

Stock Units

   

Total

 
                                         

Remainder of 2025

  $ 113     $ 486     $ 122     $ 302     $ 1,023  

2026

    406       1,683       1       1,209       3,299  

2027

    336       1,385             1,209       2,930  

2028

    246       992                   1,238  

2029

    131       619                   750  

2030

    13       69                   82  

Total estimated future expense

  $ 1,245     $ 5,234     $ 123     $ 2,720     $ 9,322  
Share-Based Payment Arrangement, Option and Stock Appreciation Rights, Activity [Table Text Block]
                                             

Weighted

 
                     

Weighted

           

Weighted

   

average

 
                     

average

   

Aggregate

   

average

   

remaining

 
           

Exercise

   

exercise

   

intrinsic

   

fair

   

contractual

 

(in thousands, except per share and life data)

 

SARs

   

price

   

price

   

value(1)

   

value

   

life (in years)

 
                                                   

Outstanding, January 1, 2024

    440     $19.44 -

 

$74.92

    $ 38.11     $ 6,297     $ 6.86       4.7  

Granted

    42     47.95 - 54.92       49.20             13.75          

Exercised

    (142 )   22.96 - 40.00       28.74       5,617       4.51          

Forfeited

                                       

Outstanding, December 31, 2024

    340     $25.76 -

$74.92

    $ 43.41     $ 9,774     $ 8.69       5.3  
                                                   

Outstanding, January 1, 2025

    340     $25.76 -

$74.92

    $ 43.41     $ 9,774     $ 8.69       5.3  

Granted

    25     75.21 - 75.21       72.21             23.75          

Exercised

    (28 )   25.76 - 40.00       29.67       1,332       4.32          

Forfeited

                                       

Outstanding, September 30, 2025

    337     $25.76 -

$75.21

    $ 46.92     $ 7,923     $ 10.18       5.2  
                                                   

Vested and exercisable

    245     $25.76 -

$60.76

    $ 42.28     $ 6,799     $ 7.77       4.2  

Unvested

    92     47.17 - 75.21       59.26       1,124       16.58       3.4  

Outstanding, September 30, 2025

    337     $25.76 -

 

$75.21

    $ 46.92     $ 7,923     $ 10.18       5.2  
                                                   

Vested in the current year

    33     $36.65 -

 

$60.76

    $ 49.24     $ 689     $ 11.24          
Schedule of Nonvested Share Activity [Table Text Block]
           

Grant date

 
           

weighted

 

(in thousands, except per share data)

 

RSAs

   

average cost

 
                 

Unvested at January 1, 2024

    98     $ 54.23  

Shares awarded

    46       52.06  

Restrictions lapsed and shares released

    (33 )     49.49  

Shares cancelled

    (9 )     53.10  

Unvested at December 31, 2024

    102     $ 54.92  
                 

Unvested at January 1, 2025

    102     $ 54.92  

Shares awarded

    39       76.21  

Restrictions lapsed and shares released

    (32 )     51.92  

Shares cancelled

    (5 )     62.13  

Unvested at September 30, 2025

    104     $ 62.36  
Share-Based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block]
   

Vesting

           

Shares

 

Grant

 

period

   

Fair

   

expected to

 

year

 

in years

   

value

   

be awarded

 

2023

    3       54.33       18,762  

2024

    3       41.84       49,957  

2025

    3       67.61       53,254