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Stock-based Compensation (Tables) | 6 Months Ended
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Jun. 30, 2023
Share-Based Payment Arrangement [Abstract] |
Compensation Expense Recorded for All Stock Options, Stock Awards and Stock Appreciation Rights (SARs) | Compensation expense recorded for all stock options, performance shares, restricted stock units (RSUs) and stock appreciation rights (SARs) was as follows:
(In thousands) |
Three Months Ended June 30, |  |  | Six Months Ended June 30, |
2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
$ | 1,158 |  |  | $ | 3,998 |  |  | $ | 2,157 |  |  | $ | 6,955 |
Unrecognized Compensation Costs for Stock Options, Stock Awards and SARs | Unrecognized compensation costs for stock options, performance shares, RSUs and SARs were as follows:
(In thousands) |  | June 30, 2023 |  |  | December 31, 2022 |
Stock options |  | $ | 449 |  |  | $ | 692 |
Performance shares and RSUs |  |  | 5,596 |  |  |  | 6,144 |
SARs |  |  | 5,909 |  |  |  | 5,211 |
Share Based Payment Awards Granted in Period | The change in unrecognized compensation costs reflects the new 2023 grants of stock options, performance shares, RSUs and SARs and Company management lowering its assessment of the achievement of performance targets for certain grants. The new 2023 grants were as follows:
|  | Shares |
Stock options |  |  | 2,777 |
Performance shares (at target) and RSUs |  |  | 86,118 |
SARs |  |  | 77,006 |
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- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
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- Definition Tabular disclosure of cost not yet recognized and weighted-average period over which cost is expected to be recognized for nonvested award under share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (i) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
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