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Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2024

Share-Based Payment Arrangement [Abstract]

Summary of Compensation Expense

The following table summarizes the compensation expense included in selling, general and administrative expenses in the Condensed Consolidated Statements of Earnings related to stock-based compensation plans:

		Three Months Ended								Six Months Ended
		June 30,				June 30,				June 30,				June 30,
		2024				2023				2024				2023
Service-based RSUs		$	981			$	765			$	1,875			$	1,535
Performance and Market-based RSUs			215				723				370				1,357
Cash-settled RSUs			136				161				299				343
Total		$	1,332			$	1,649			$	2,544			$	3,235
Income tax benefit			306				379				585				744
Net expense		$	1,026			$	1,270			$	1,959			$	2,491

Summary of Unrecognized Compensation Expense related to Unvested RSUs

The following table summarizes the unrecognized compensation expense related to unvested RSUs by type and the weighted-average period in which the expense is to be recognized:

		Unrecognized
		Compensation				Weighted-
		Expense at				Average
		June 30, 2024				Period (years)
Service-based RSUs		$	4,260				1.50
Performance and Market-based RSUs			3,708				2.15
Total		$	7,968				1.80

Summary of Status of Plans

The following table summarizes the status of these plans as of June 30, 2024:

		2018 Plan				2014 Plan				2009 Plan				2004 Plan				Directors' Plan
Awards originally available			2,500,000				1,500,000				3,400,000				6,500,000			N/A
Maximum potential awards outstanding			723,377				35,100				30,000				14,545				4,722
RSUs and cash-settled awards vested and released			621,161				—				—				—				—
Awards available for grant			1,155,462				—				—				—				—

Summary of Service-Based Restricted Stock Units

The following table summarizes the service-based RSU activity for the six months ended June 30, 2024:

		Units				Weighted Average Grant Date Fair Value
Outstanding at December 31, 2023			280,966			$	30.36
Granted			92,296				43.70
Vested and released			(55,417	)			37.19
Forfeited			(5,357	)			42.11
Outstanding at June 30, 2024			312,488			$	32.89
Releasable at June 30, 2024			141,167			$	21.76

Summary of Performance and Market Based RSUs

The following table summarizes the performance and market-based RSU activity for the six months ended June 30, 2024:

		Units				Weighted Average Grant Date Fair Value
Outstanding at December 31, 2023			220,656			$	36.96
Granted			75,498				43.77
Attained by performance			55,272				33.37
Released			(112,907	)			33.85
Forfeited			(10,395	)			37.33
Outstanding at June 30, 2024			228,124			$	39.96
Releasable at June 30, 2024			—			$	—

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Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit.

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-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
-Publisher FASB
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Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

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