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Note 21 - Stock-based Compensation
 9 Months Ended
Sep. 30, 2024
Notes to Financial Statements  
Share-Based Payment Arrangement [Text Block]

21.

Stock-based compensation

 

The Company recognized no stock-based compensation expense attributable to the Management Incentive Plan (“MIP”) stock options during the three and nine months ended September 30, 2024. The Company recognized expense of $0.2 million and $0.9 million attributable to the MIP stock options during the three and nine months ended September 30, 2023. 

 

Stock-based compensation expense relating to the Long-Term Incentive Plan (“LTIP”), including restricted stock units (“RSUs”) and performance restricted stock units (“PRSUs”) for the three and nine months ended September 30, 2024 was $6.6 million and $18.8 million. Stock-based compensation expense relating to LTIP RSUs and PRSUs for the three and nine months ended September 30, 2023 was $4.7 million and $13.5 million.

 

During the nine months ended September 30, 2024, 1,190,827 RSUs and 308,412 PRSUs were granted to employees and directors at a weighted average grant date fair value of $19.73 per RSU and $26.00 per PRSU.

 

During the three and nine months ended September 30, 2024 we recognized $0.2 million and $0.5 million of compensation expense related to stock purchased under the ESPP and its sub-plans. The Company recognized ESPP expense for the three and nine months ended September 30, 2023 of $0.1 million and $0.3 million.