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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-based Payment Award, Valuation Assumptions
The following table summarizes the Company's significant assumptions used in the Monte Carlo simulation models:
Six months ended
June 30, 2022
Volatility33.89%
Risk free interest rate0.79 %-1.76%
Dividend Yield3.24%
Schedule of Restricted Stock Unit Activity
The following table summarizes the Company's RSU activity during the six months ended June 30, 2022:
Unvested Time-
Based RSUs
Unvested Performance
and Market-Based RSUs
Weighted-Average Grant
Date Price Per Share
Outstanding as of January 1, 2022138,235 471,368 $30.12 
Shares granted125,305 396,338 $18.91 
Shares vested(60,456)(76,520)$30.27 
Shares forfeited(1,451)(66,856)$30.70 
Outstanding as of June 30, 2022201,633 724,330 $23.70