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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Significant Assumptions Used in the Monte Carlo Simulation Models
The following table summarizes the Company's significant assumptions used in the Monte Carlo simulation models:
At Grant Date
202520242023
Volatility27.00%31.00%34.00%
Risk free interest rate4.35%4.42%4.45%
Dividend Yield3.30%3.40%3.20%
Schedule of Restricted Stock Unit Activity
The following table summarizes the Company's RSU activity under the Incentive Award Plan:
Unvested Time-
Based RSUs
Unvested Performance
and Market-Based RSUs
Weighted Average Grant
Date Price Per Share
Outstanding as of January 1, 2023123,427712,051$23.35
Shares granted152,393445,828$18.40
Shares vested(126,885)(60,042)$29.50
Unearned performance shares(69,803)$31.40
Shares forfeited(1,343)(3,263)$19.51
Outstanding as of December 31, 2023147,5921,024,771$19.36
Shares granted197,884335,936$19.78
Shares vested(155,511)(113,954)$26.33
Unearned performance shares(82,665)$28.90
Shares forfeited(2,190)(17,360)$17.41
Outstanding as of December 31, 2024187,7751,146,728$17.71
Shares granted179,267361,634$22.98
Shares vested(162,425)(188,101)$20.95
Unearned performance shares(188,100)$16.41
Shares forfeited(9,381)(3,401)$24.34
Outstanding as of December 31, 2025195,2361,128,760$19.12
Schedule of Activity Under the ESPP
The following table summarizes the Company's activity under the ESPP:
Year ended December 31
202520242023
Shares purchased24,20913,90711,728
Weighted average discounted issuance price$20.17$20.14$20.07
Issuance proceeds$488$280$235
Schedule of Stock-Based Compensation Expense
The following table summarizes the Company's stock-based compensation expense:
Year ended December 31
202520242023
Incentive Award Plan, net (a)$10,765 $9,759 $8,953 
Employee Stock Purchase Plan (b)142 137 68 
Stock-based compensation expense, net$10,907 $9,896 $9,021 
(a)As of December 31, 2025, there was $11,577 of total estimated unrecognized compensation expense related to the Incentive Award Plan which will be recognized through December 2028.
(b)As of December 31, 2025, there was $179 of total estimated unrecognized compensation expense related to the ESPP which will be recognized through June 2027.