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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2026
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
20262025
Volatility21.00%27.00%
Risk free interest rate3.53%4.35%
Dividend Yield3.40%3.30%
Schedule of Restricted Stock Unit Activity
The following table summarizes the Company's RSU activity under the Incentive Award Plan during the three months ended March 31, 2026:
Unvested Time-
Based RSUs
Unvested Performance
and Market-Based RSUs
Weighted-Average Grant
Date Price Per Share
Outstanding as of January 1, 2026195,236 1,128,760 $19.12
Shares granted149,660 363,670 $21.69
Shares vested— (416,550)$16.53
Unearned performance shares— (14,640)$16.53
Outstanding as of March 31, 2026344,896 1,061,240 $20.86
Schedule of Common Stock Activity Under the ESPP
The following table summarizes the Company's common stock activity under the ESPP:
Three months ended March 31
20262025
Gross shares purchased8,06410,412
Weighted average discounted issuance price$23.18$20.14
Issuance proceeds$187$210
Schedule of Stock-Based Compensation Expense
The following table summarizes the Company's stock-based compensation expense:
Three months ended March 31
20262025
Incentive Award Plan, net (a)$2,771 $2,728 
Employee Stock Purchase Plan (b)30 38 
Stock-based compensation, net$2,801 $2,766 
(a)As of March 31, 2026, there was $19,939 of estimated unrecognized compensation expense to be recognized through December 2029.
(b)As of March 31, 2026, there was $151 of estimated unrecognized compensation expense to be recognized through December 2027.