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Stock-based Compensation (Tables)
9 Months Ended
Sep. 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, time-based restricted stock units (RSUs) and stock appreciation rights (SARs) was as follows:

(In thousands)

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

2023

 

 

2022

 

 

2023

 

 

2022

 

$

1,520

 

 

$

3,057

 

 

$

3,677

 

 

$

10,012

 

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)

 

September 30,
2023

 

 

December 31,
2022

 

Stock options

 

$

283

 

 

$

692

 

Performance shares and RSUs

 

 

4,658

 

 

 

6,144

 

SARs

 

 

4,677

 

 

 

5,211

 

Share Based Payment Awards Granted in Period

The change in unrecognized compensation costs reflects the 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 Company granted the following awards in the first nine months of 2023:

 

 

Shares

 

Stock options

 

 

2,777

 

Performance shares (at target) and RSUs

 

 

87,025

 

SARs

 

 

77,006