XML 43 R32.htm IDEA: XBRL DOCUMENT v3.25.3

Stock-Based and Other Long-Term Incentive Compensation (Tables)

9 Months Ended

Sep. 30, 2025

Share-Based Payment Arrangement [Abstract]

Schedule of Stock Based Compensation Expense

The following table summarizes the total stock-based compensation expense recognized during the periods presented:

			Three months ended September 30,												Nine months ended September 30,
			2025						2024						2025						2024
Equity-classified			$	612					$	522					$	1,550					$	1,038
Liability-classified (1)			139						46						276						62
			$	751					$	568					$	1,826					$	1,100

(1)    Represents compensation expense associated with awards that may be settled in cash at the option of the grantee.

Schedule of Option Activity

A summary of all option activity during the nine months ended September 30, 2025 is presented below:

			Number of Shares Underlying Stock Options						Weighted Average Exercise  Price						Weighted Average Remaining Contractual Life (years)						Aggregate Intrinsic Value
Outstanding, December 31, 2024			113,751						$	20.44					5.84						$	747
Granted			44,250						$	22.34											$	—
Exercised			(12,500)						$	13.05											$	159
Canceled/Forfeited			(5,833)						$	23.66											$	16
Expired			(23,167)						$	22.90											$	—
Outstanding, September 30, 2025			116,501						$	21.31					7.60						$	781
Exercisable, September 30, 2025			47,751						$	20.05					5.37						$	382

Schedule of Stock Options Outstanding

The following table summarizes information about our stock options outstanding as of September 30, 2025:

Range of Exercise Prices:			Options Outstanding																		Options Exercisable
			Shares						Weighted Average Remaining Contractual Life (years)						Weighted Average Exercise Price						Shares						Weighted Average Exercise Price
$0.01-$18.00			19,501						6.58						$	10.82					17,835						$	10.92
$18.01-$26.00			80,750						9.10						$	22.46					13,666						$	22.33
$26.01-$30.00			16,250						1.38						$	28.15					16,250						$	28.15
			116,501						7.60						$	21.31					47,751						$	20.05

Schedule of Status of Unvested Stock Options

The following table summarizes changes in our unvested stock options during the nine months ended September 30, 2025:

			Shares						Weighted Average Grant Date Fair Value Per Share
Unvested, December 31, 2024			48,998						$	11.35
Granted			44,250						$	12.07
Vested			(20,498)						$	10.60
Canceled/Forfeited			(4,000)						$	12.46
Unvested, September 30, 2025			68,750						$	11.97

Schedule of Restricted Stock Activity

The following table summarizes all restricted stock and RSU activity during the nine months ended September 30, 2025 is presented below:

			Number  of Shares						Weighted Average Grant Date Fair Value						Weighted Average Remaining Contractual Life (years)						Aggregate Intrinsic Value
Outstanding, December 31, 2024			131,183						$	16.39					5.15						$	3,516
Granted			75,031						$	22.78											$	1,709
Vested			(72,874)						$	15.13											$	1,796
Canceled/Forfeited			(910)						$	22.19											$	17
Outstanding, September 30, 2025			132,430						$	20.66					4.15						$	3,707

			Number  of Shares						Weighted Average Grant Date Fair Value						Weighted Average Remaining Contractual Life (years)						Aggregate Intrinsic Value
Outstanding, Outstanding, December 31, 2024			15,069						$	19.51					0.50						$	294
Granted			13,812						$	24.60											$	340
Vested			(10,527)						$	19.57											$	206
Canceled/Forfeited			(2,810)						$	19.57											$	55
Outstanding, September 30, 2025			15,544						$	23.99					0.61						$	414

Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions

The following table summarizes the weighted average grant date fair values of PSUs granted and the assumptions used in the Monte Carlo simulation model for the determination of the grant date fair values of our PSUs granted during the nine months ended September 30, 2025:

Weighted-average grant date fair value of PSUs granted			$	28.22
Risk free rate			3.91		%
Expected volatility			44.0		%
Expected dividend yield			—		%

Schedule of PSU Activity

The following table summarizes all PSU activity during the nine months ended September 30, 2025:

			Number  of Shares						Weighted Average Grant Date Fair Value						Weighted Average Remaining Contractual Life (years)						Aggregate Intrinsic Value
Outstanding, December 31, 2024			56,764						$	22.47					2.22						$	—
Granted			41,724						$	28.22											$	—
Vested			—																		$	—
Canceled/Forfeited			—																		$	—
Outstanding, September 30, 2025			98,488						$	24.91					1.89						$	—

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit.

+ 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

Name:	us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 718
-SubTopic 10
-Subparagraph (f)(2)
-Name Accounting Standards Codification
-Paragraph 2
-Section 50
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the change in stock options.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfStockOptionsRollForwardTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the number and weighted-average grant date fair value for outstanding performance shares.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Subparagraph (c)
-Paragraph 2
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ShareBasedCompensationPerformanceSharesAwardOutstandingActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration