XML 64 R47.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Share-Based Compensation Plans (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Assumptions Used to Determine Grant-Date Fair Value of Options | The fair value of each stock option or SEU granted in the year was calculated with the following weighted average assumptions to determine the grant-date fair values of the share-based compensation:
|  | 2024 |  |  | 2023 |  |  | 2022 |
Dividend yield |  |  | 1.13 | % |  |  | 1.16 | % |  |  | 1.27 | %
Expected life |  | 3 years |  |  | 4 years |  |  | 5 years |
Volatility |  |  | 25.5 | % |  |  | 39.7 | % |  |  | 39.8 | %
Risk free interest rate |  |  | 4.38 | % |  |  | 4.47 | % |  |  | 2.90 | %
Employee Stock Option |
Summary of Transactions of Company's Stock Option Plans | The following tables summarizes the transactions of the Company’s share-based compensation plans for the year ended December 31, 2024.
|  | Number of shares |  |  | Weighted Average Grant-Date Fair Value |
Nonvested at December 31, 2023 |  |  | 652,891 |  |  | $ | 75.2 |
Granted |  |  | 139,867 |  |  | $ | 130.3 |
Vested |  |  | (200,296 | ) |  | $ | 82.0 |
Forfeited |  |  | (17,791 | ) |  | $ | 75.4 |
Nonvested at December 31, 2024 |  |  | 574,671 |  |  | $ | 86.2 |
|  | Number of shares |  |  | Weighted Average Exercise price |  |  | Weighted-Average Remaining Contractual Term (years) |
Outstanding at December 31, 2023 |  |  | 701,776 |  |  | $ | 24.8 |  |  |  |
Granted |  |  | 139,867 |  |  | $ | — |  |  |  |
Exercised |  |  | (203,772 | ) |  | $ | 11.3 |  |  |  |
Forfeited |  |  | (18,166 | ) |  | $ | 26.0 |  |  |  |
Outstanding at December 31, 2024 |  |  | 619,705 |  |  | $ | 23.5 |  |  |  | 2.5 |
Exercisable at December 31, 2024 |  |  | 45,034 |  |  | $ | 37.1 |  |  |  | 3.6 |

X
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (f)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_AwardTypeAxis=us-gaap_EmployeeStockOptionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |