XML 51 R41.htm IDEA: XBRL DOCUMENT v3.24.2.u1

Share-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2024

Share-Based Compensation [Abstract]

Schedule of Restricted Stock Outstanding

A summary of the Company’s outstanding and unearned RSUs is presented below:

		RSUs				Weighted-Average Grant-Date Fair Value Per Share
Units outstanding and unearned at January 1, 2023			115,360			$	17.00
RSUs granted during 2023			85,000				13.76
RSUs earned during 2023			(53,780	)			16.32
Units outstanding and unearned at December 31, 2023			146,580				15.37
RSUs granted during 2024			103,600				14.45
RSUs earned during 2024			(69,420	)			14.82
Units outstanding and unearned at June 30, 2024			180,760				15.06

Schedule of RSU Activity

The following table shows the impact of RSU activity to the Company’s financial results:

		Three Months Ended June 30,								Six Months Ended June 30,
		2024				2023				2024				2023
RSU compensation expense		$	371			$	257			$	767			$	559
Income tax benefit			(84	)			(58	)			(174	)			(127	)
RSU compensation expense, net of income taxes		$	287			$	199			$	593			$	432

Schedule of Performance Stock Outstanding

A summary of the Company’s outstanding PSUs is presented below:

		PSUs				Weighted-Average Grant-Date Fair Value Per Share
Units outstanding at January 1, 2023			190,000			$	17.00
PSUs granted during 2023 (at target)			87,400				13.85
PSUs earned during 2023			—				—
Performance adjustment (1)			(63,600	)			14.26
Forfeitures			—				—
Units outstanding at December 31, 2023			213,800				16.53
PSUs granted during 2024 (at target)			79,800				14.19
PSUs earned during 2024			—				—
Performance adjustment (1)			(64,600	)			18.64
Forfeitures			—				—
Units outstanding at June 30, 2024			229,000				15.12

(1)  Represents the change in PSUs issued based upon the attainment of performance goals established by the Company.

Schedule of PSU Activity

The following table shows the impact of PSU activity to the Company’s financial results:

		Three Months Ended June 30,								Six Months Ended June 30,
		2024				2023				2024				2023
PSU compensation expense		$	184			$	139			$	369			$	277
Income tax benefit			(42	)			(32	)			(84	)			(63	)
PSU compensation expense, net of income taxes		$	142			$	107			$	285			$	214

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 the changes in outstanding nonvested performance-based units.

+ 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)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfNonvestedPerformanceBasedUnitsActivityTableTextBlock
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

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

No definition available.

+ 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 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