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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2026
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

 

 

 

March 31,

 

 

March 31,

 

 

 

2026

 

 

2025

 

Service-based RSUs

 

$

1,003

 

 

$

947

 

Performance-based RSUs

 

 

812

 

 

 

485

 

Cash-settled RSUs

 

 

197

 

 

 

215

 

Total

 

$

2,012

 

 

$

1,647

 

Income tax benefit

 

 

473

 

 

 

387

 

Net expense

 

$

1,539

 

 

$

1,260

 

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

 

 

 

March 31, 2026

 

 

Period (years)

 

Service-based RSUs

 

$

4,897

 

 

 

1.58

 

Performance-based RSUs

 

 

6,172

 

 

 

2.27

 

Total

 

$

11,069

 

 

 

1.96

 

Summary of Status of Plans

The following table summarizes the status of these plans as of March 31, 2026:

 

 

 

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

 

 

733,657

 

 

 

35,100

 

 

 

30,000

 

 

 

14,545

 

 

 

4,722

 

RSUs and cash-settled awards vested and released

 

 

869,782

 

 

 

 

 

 

 

 

 

 

 

 

 

Awards available for grant

 

 

896,561

 

 

 

 

 

 

 

 

 

 

 

 

 

Summary of Service-Based Restricted Stock Units

The following table summarizes the service-based RSU activity for the three months ended March 31, 2026:

 

 

 

Units

 

 

Weighted
Average
Grant Date
Fair Value

 

Outstanding at December 31, 2025

 

 

320,640

 

 

$

34.82

 

Granted

 

 

56,358

 

 

 

56.60

 

Vested and released

 

 

(50,703

)

 

 

44.49

 

Forfeited

 

 

(2,002

)

 

 

41.78

 

Outstanding at March 31, 2026

 

 

324,293

 

 

$

37.04

 

Releasable at March 31, 2026

 

 

169,267

 

 

$

26.42

 

Summary of Performance- Based RSUs

The following table summarizes the performance-based RSU activity for the three months ended March 31, 2026:

 

 

 

Units

 

 

Weighted
Average
Grant Date
Fair Value

 

Outstanding at December 31, 2025

 

 

200,598

 

 

$

44.07

 

Granted

 

 

69,645

 

 

 

56.80

 

Attained by performance

 

 

5,400

 

 

 

43.80

 

Released

 

 

(24,466

)

 

 

43.80

 

Forfeited

 

 

(30,204

)

 

 

43.71

 

Outstanding at March 31, 2026

 

 

220,973

 

 

$

48.19

 

Releasable at March 31, 2026

 

 

 

 

$