XML 29 R17.htm IDEA: XBRL DOCUMENT v3.25.3
Stock-Based Compensation
9 Months Ended
Sep. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Stock-Based Compensation Stock-Based Compensation
The Company uses equity awards as a long-term retention program that is intended to attract, retain and provide incentives for employees, officers, and directors and to more closely align shareholder and employee interests. The Company recognizes compensation expense for all of its share-based stock awards based on their fair values.
The Company recognized $1.4 million in stock-based compensation expense for the three months ended September 30, 2025 and September 30, 2024. The Company recognized $3.6 million and $3.2 million in stock-based compensation expense for the nine months ended September 30, 2025 and September 30, 2024, respectively. As of September 30, 2025, the Company had $9.5 million in unrecognized stock compensation expense which will be recognized over approximately three years.