Equity Compensation Plans (Tables)

3 Months Ended

Mar. 31, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of Equity Compensation Costs by Award Type

The unamortized compensation cost of awards issued under the Incentive Plan, which are settled by delivery of shares of common stock, and purchases under the Employee Stock Purchase Plan, totaled $41 million at March 31, 2024, as shown in the following table.

Table 19.1 – Activities of Equity Compensation Costs by Award Type


	Three Months Ended March 31, 2024
(In Thousands)	Restricted Stock Units		Deferred Stock Units		Performance Stock Units		Employee Stock Purchase Plan		Total
Unrecognized compensation cost at beginning of period	$	3,166	$	18,920	$	15,519	$	—	$	37,605
Equity grants	3,522		6,915		—		266		10,703
Performance-based valuation adjustment	—		—		—		—		—
Equity grant forfeitures (1)	(401)		(1,114)		—		—		(1,515)
Equity compensation expense	(711)		(3,172)		(1,785)		(67)		(5,735)
Unrecognized Compensation Cost at End of Period	$	5,576	$	21,549	$	13,734	$	199	$	41,058

(1)Equity grant forfeitures for the three months ended March 31, 2024 represent the reduction in future equity compensation expense related to employee terminations, for which the underlying equity awards will be forfeited upon the actual employee termination date subsequent to March 31, 2024.