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Equity-Based Compensation (Tables) | 3 Months Ended
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Mar. 31, 2024
Share-Based Payment Arrangement, Noncash Expense [Abstract] |
Schedule Of Number Of Awards And Weighted Average Grant Date Fair Value | The following table provides the number of stock units granted during the three months ended March 31, along with the weighted-average grant-date fair value of each award:
|  | 2024 |  | 2023
Awards |  | Number of Awards |  | Weighted- Average Grant-Date Fair Value |  | Number of Awards (2) |  | Weighted- Average Grant-Date Fair Value
Performance stock units (1) |  | 58,582 |  |  | $ | 77.70 |  |  | 81,611 |  |  | $ | 53.44 |
Restricted stock units |  | 29,671 |  |  | $ | 77.70 |  |  | 46,646 |  |  | $ | 53.44 |
(1) The Company’s performance stock units (“PSUs”) represent shares granted for which the final number of shares earned depends on financial performance. The number of shares to be issued may vary between 0% and 200% of the number of PSUs granted depending on the relative achievement to targeted thresholds. The Company's PSUs with a financial performance condition are based on the Company’s return on invested capital (“ROIC”) over a one-year performance period. (2) PSUs granted in the first quarter of 2023 includes 7,825 units that were forfeited in the third quarter of 2023 and 147,572 units that will be converted to shares and issued to recipients in the first quarter of 2026, representing 200.0% of the target amount granted and not subsequently forfeited, based on the Company's actual ROIC compared to ROIC target for the performance period ended December 31, 2023.
Management Stock Purchase Plan | The following table provides the number of restricted stock units credited to active participant accounts and the payments made with respect to MSPP liabilities during the three months ended March 31,:
| 2024 |  | 2023
Restricted stock units credited | 40,538 |  |  | 41,743 |
MSPP liabilities paid (in thousands) | $ | 2,023 |  |  | $ | 2,147 |

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- Definition Tabular disclosure of the weighted-average grant-date fair value of equity options or other equity instruments granted during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
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