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Stock-Based Compensation Plans (Tables)
6 Months Ended
Jun. 30, 2024
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Schedule of Components of Stock Compensation Expense
The components of stock-based compensation expense were as follows:
Three months ended June 30,Six months ended June 30,
2024202320242023
(in thousands)(in thousands)
2023 Incentive Stock Plan$4,139 $3,824 $7,938 $6,714 
Employee Stock Purchase Plan10 38 24 85 
Total Stock Compensation Expense$4,149 $3,862 $7,962 $6,799 
Schedule of Restricted Stock Activity
The following table summarizes the restricted stock activity during the six months ended June 30, 2024:
Shares
Balance of unvested shares as of December 31, 2023465,856 
Shares granted410,180 
Shares forfeited(916)
Shares vested(308,983)
Balance of unvested shares as of June 30, 2024566,137