v3.25.2
Note 3 - Share-based Compensation
6 Months Ended
Jun. 30, 2025
Notes to Financial Statements  
Share-Based Payment Arrangement [Text Block]

3.

Share-based Compensation

 

The following table summarizes the components of our share-based compensation program expense (in thousands):

 

   

Three Months Ended

June 30,

   

Six Months Ended

June 30,

 
   

2025

   

2024

   

2025

   

2024

 

Restricted share units:

 

Pretax compensation expense

  $ 14,502     $ 13,409     $ 26,545     $ 25,817  

Tax benefit

    3,882       3,540       7,106       6,816  

Restricted share unit expense, net of tax

  $ 10,620     $ 9,869     $ 19,439     $ 19,001  

Performance share units:

 

Pretax compensation expense

  $ 5,162     $ 5,746     $ 11,562     $ 11,747  

Tax benefit

    1,382       1,517       3,095       3,101  

Performance share unit expense, net of tax

  $ 3,780     $ 4,229     $ 8,467     $ 8,646  

 

As of June 30, 2025, we had $80.4 million and $40.3 million of total unrecognized compensation expense related to restricted share units and performance share units, respectively, that is to be recognized over the remaining weighted average period of approximately 2.7 years for restricted share units and 2.3 years for performance share units. During the six months ended June 30, 2025, we issued 5,848 shares for vested restricted share units and 84,001 shares for vested performance share units. Of this total, 1,756 shares for vested restricted share units and zero shares for vested performance share units were issued during the second quarter 2025.