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Stock-Based Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-based Compensation, Restricted Stock Units Award Activity
The following table summarizes information about RSU activity related to the Equity Plan:
 
Number of Restricted
Stock Units
(In Thousands)
Weighted Average Grant Date Fair Value
(Per Share)
Non-vested at December 31, 2021442 $22.11 
Granted129 39.44 
Vested(110)30.00 
Forfeited(65)22.25 
Non-vested at December 31, 2022396 25.53 
Granted178 34.75 
Vested(218)15.83 
Forfeited(19)38.92 
Non-vested at December 31, 2023337 35.97 
Granted320 25.77 
Vested(150)28.52 
Forfeited(47)33.53 
Non-vested at December 31, 2024460 $31.53 
Schedule of Share Based Compensation Income Statement Impact From RSUs
The following table summarizes information about the income statement impact from RSUs for the Years Ended December 31, 2024, 2023 and 2022:
Years Ended December 31,
202420232022
Compensation expense$5,670 $4,049 $3,471 
Future income tax benefit recognized$1,186 $1,107 $927 
Schedule of Share Based Compensation Income Statement Impact From Stock Options
The following table summarizes information about the income statement impact from stock options for the years ended December 31, 2024, 2023 and 2022.
Years Ended December 31,
202420232022
Compensation expense$822 $1,651 $1,467 
Future income tax benefit recognized$1,498 $1,215 $1,033 
Schedule of Key Black-Scholes Assumptions
The fair value related to stock options granted was determined using Black-Scholes option pricing model and the weighted average assumptions are shown in the table below:
Years Ended December 31,
Key Black-Scholes Assumptions202420232022
Risk-free interest rate4.1%1.8%
Expected term (years)66
Volatility46.5%40.2%
Dividend yield1.4%1.3%
Fair value per stock option$18.04$14.01
Schedule of Stock Option Activity
The following table summarizes information about stock option activity related to the Equity Plan:
 Number of Shares
(In Thousands)
Weighted Average Exercise Price (Per Share)Weighted Average Remaining Contractual Term (Years)Aggregate Intrinsic Value
Outstanding at December 31, 2021906 26.13 7.42$19,123 
Exercisable at December 31, 2021443 $29.42 6.54$7,895 
Granted123 39.13 
Exercised(69)24.23 
Forfeited(21)27.81 
Expired(56)30.94 
Outstanding at December 31, 2022883 27.97 6.81$8,870 
Exercisable at December 31, 2022578 $27.49 6.06$6,082 
Granted86 41.15 
Exercised(9)28.14 
Forfeited— — 
Expired(3)33.27 
Outstanding at December 31, 2023957 29.26 6.17$4,446 
Exercisable at December 31, 2023728 $26.47 5.46$4,412 
Granted— — 
Exercised(24)17.96 
Forfeited(8)40.43 
Expired(8)36.12 
Outstanding at December 31, 2024917 29.40 5.16$3,536 
Exercisable at December 31, 2024828 $28.20 4.87$3,536 
Schedule of Performance Stock Unit Activity
The following table summarizes information about PSU activity related to the Equity Plan:
 
Number of Performance
Stock Units
(In Thousands)
Weighted Average Grant Date Fair Value
(Per Share)
Non-vested at December 31, 2021404 $20.04 
Granted101 41.63 
Vested(78)30.69 
Forfeited(32)22.30 
Non-vested at December 31, 2022395 23.04 
Granted93 42.63 
Vested(193)14.29 
Forfeited(1)38.84 
Non-vested at December 31, 2023294 37.77 
Granted144 28.00 
Vested(108)30.37 
Forfeited(33)35.86 
Non-vested at December 31, 2024297 $35.95 
Schedule of Share Based Compensation Income Statement Impact From PSUs
The following table summarizes information about the income statement impact from PSUs for the year ended December 31, 2024, 2023 and 2022.
Years Ended December 31,
202420232022
Compensation expense$1,411 $2,612 $5,343 
Future income tax benefit recognized$216 $703 $840