XML 32 R20.htm IDEA: XBRL DOCUMENT v3.24.3
STOCK-BASED COMPENSATION PLANS
9 Months Ended
Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]  
STOCK-BASED COMPENSATION PLANS STOCK-BASED COMPENSATION PLANS
A combined summary of activity in the Company’s stock award and stock option plans for the nine months ended September 30, 2024 is presented in the following table:
 Non-Vested Stock Awards OutstandingStock Options Outstanding
(Shares in thousands)Number of SharesWeighted-Average Grant Date Fair ValueNumber of SharesWeighted-Average Exercise Price
December 31, 2023785 $24.92 49 $26.46 
Granted498 23.23 — — 
Acquired— — — — 
Stock options exercised— — — — 
Stock awards vested(345)23.12 — — 
Forfeited(121)25.72 — — 
Expired— — — — 
September 30, 2024817 $25.20 49 $26.46 
During the three and nine months ended September 30, 2024 and September 30, 2023, there were no stock option exercises. During the three and nine months ended September 30, 2024, there were 6 thousand and 345 thousand shares vested in connection with stock awards, respectively. During the three and nine months ended September 30, 2023, there were 58 thousand and 236 thousand shares vested in connection with stock awards, respectively. All of these shares were issued from available treasury stock. Stock-based compensation expense totaled $2.2 million and $2.1 million during the three months ended September 30, 2024 and 2023, respectively. Stock-based compensation expense totaled $6.2 million and $5.5 million during the nine months ended September 30, 2024 and 2023, respectively. Stock-based compensation expense is recognized over the requisite service period for all awards.