v3.25.2
Share-based Payment Awards (Tables)
6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Fair Value Assumptions of Market-based Awards
2025 Grants2024 Grants
Volatility of A&B common stock24.4%27.4%
Average volatility of peer companies29.8%29.9%
Risk-free interest rate4.3%4.0%
Schedule of Compensation Cost Related to Share-Based Payments
The Company recognizes compensation cost net of actual forfeitures of restricted stock units. A summary of compensation cost related to share-based payments is as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Share-based expense:
Restricted stock units$1,367 $1,262 $2,737 $2,388