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Stock-Based Compensation (Tables) | 12 Months Ended
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Dec. 31, 2024
Share-Based Payment Arrangement [Abstract] |
Schedule of Share-Based Compensation Expense | The following table summarizes the stock-based compensation expense recognized under all of the Company’s stock plans in 2024, 2023, and 2022, and associated with the issuance of restricted shares of common stock and vesting of stock options that are included in general and administrative expenses in the accompanying consolidated statements of income (in thousands):
|  | Years ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
Stock options and ESPP |  | $ | 1,339 |  |  | $ | 1,790 |  |  | $ | 3,792 |
Restricted stock awards and units |  |  | 33,197 |  |  |  | 20,250 |  |  |  | 12,309 |
Total stock-based compensation expense |  | $ | 34,536 |  |  | $ | 22,040 |  |  | $ | 16,101 |
Schedule of Stock Option Transactions Under Stock Option Plans | The Company’s outstanding stock options consisted of the following:
|  | Shares |  |  | Weighted- Average Exercise Price |  |  | Weighted- Average Remaining Contractual Term (Years) |  |  | Aggregate Intrinsic Value (in millions) |
Options outstanding at January 1, 2024 |  |  | 504,241 |  |  | $ | 34.03 |  |  |  | 2.10 |  |  | $ | 4.7 |
Options granted |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Options exercised |  |  | (108,425 | ) |  |  | 17.29 |  |  |  | — |  |  |  | 3.0 |
Options canceled, forfeited or expired |  |  | (7,271 | ) |  |  | 50.56 |  |  |  | — |  |  |  | — |
Options outstanding at December 31, 2024 |  |  | 388,545 |  |  | $ | 38.39 |  |  |  | 1.12 |  |  | $ | 3.4 |
|  |  |  |  |  |  |  |  |  |  | ` |
Options exercisable at December 31, 2024 |  |  | 388,545 |  |  | $ | 38.39 |  |  |  | 1.12 |  |  | $ | 3.4 |
Share-based Payment Arrangement, Restricted Stock Awards and Units Activity | The Company’s unvested restricted stock awards and units activity for the year ended December 31, 2024 consisted of the following:
|  | Restricted Stock Awards and Units |  |  | Performance-Based Restricted Stock Awards |
|  | Number of Shares |  |  | Weighted Average Grant-Date Fair Value |  |  | Number of Shares |  |  | Weighted Average Grant-Date Fair Value |
Unvested as of January 1, 2024 |  |  | 713,284 |  |  | $ | 60.98 |  |  |  | 627,333 |  |  | $ | 35.05 |
Granted |  |  | 573,487 |  |  |  | 43.64 |  |  |  | 855,287 |  |  |  | 44.43 |
Vested |  |  | (289,301 | ) |  |  | 44.76 |  |  |  | (78,206 | ) |  |  | 37.79 |
Forfeited |  |  | (63,662 | ) |  |  | 39.43 |  |  |  | (120,085 | ) |  |  | 36.25 |
Unvested as of December 31, 2024 |  |  | 933,808 |  |  | $ | 56.82 |  |  |  | 1,284,329 |  |  | $ | 41.02 |

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- 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
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- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. + References No definition available. + Details
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