XML 50 R43.htm IDEA: XBRL DOCUMENT v3.25.3
Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2025
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

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

September 30,

 

 

September 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Service-based RSUs

 

$

936

 

 

$

916

 

 

$

2,526

 

 

$

2,791

 

Performance and Market-based RSUs

 

 

156

 

 

 

462

 

 

 

498

 

 

 

831

 

Cash-settled RSUs

 

 

78

 

 

 

72

 

 

 

408

 

 

 

370

 

Total

 

$

1,170

 

 

$

1,450

 

 

$

3,432

 

 

$

3,992

 

Income tax benefit

 

 

275

 

 

 

333

 

 

 

806

 

 

 

918

 

Net expense

 

$

895

 

 

$

1,117

 

 

$

2,626

 

 

$

3,074

 

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

 

 

 

September 30, 2025

 

 

Period (years)

 

Service-based RSUs

 

$

2,734

 

 

 

1.37

 

Performance and Market-based RSUs

 

 

3,396

 

 

 

2.01

 

Total

 

$

6,130

 

 

 

1.72

 

Summary of Status of Plans

The following table summarizes the status of these plans as of September 30, 2025:

 

 

 

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

 

 

690,075

 

 

 

35,100

 

 

 

30,000

 

 

 

14,545

 

 

 

4,722

 

RSUs and cash-settled awards vested and released

 

 

777,136

 

 

 

 

 

 

 

 

 

 

 

 

 

Awards available for grant

 

 

1,032,789

 

 

 

 

 

 

 

 

 

 

 

 

 

Summary of Service-Based Restricted Stock Units

The following table summarizes the service-based RSU activity for the nine months ended September 30, 2025:

 

 

 

Units

 

 

Weighted
Average
Grant Date
Fair Value

 

Outstanding at December 31, 2024

 

 

322,847

 

 

$

34.06

 

Granted

 

 

68,308

 

 

 

45.83

 

Vested and released

 

 

(59,994

)

 

 

40.40

 

Forfeited

 

 

(24,411

)

 

 

44.29

 

Outstanding at September 30, 2025

 

 

306,750

 

 

$

34.66

 

Releasable at September 30, 2025

 

 

154,867

 

 

$

23.42

 

Summary of Performance and Market-Based RSUs

The following table summarizes the performance and market-based RSU activity for the nine months ended September 30, 2025:

 

 

 

Units

 

 

Weighted
Average
Grant Date
Fair Value

 

Outstanding at December 31, 2024

 

 

222,344

 

 

$

40.15

 

Granted

 

 

106,943

 

 

 

44.72

 

Attained by performance

 

 

39,581

 

 

 

37.93

 

Released

 

 

(79,162

)

 

 

37.93

 

Forfeited

 

 

(75,738

)

 

 

36.24

 

Outstanding at September 30, 2025

 

 

213,968

 

 

$

44.10

 

Releasable at September 30, 2025

 

 

 

 

$