v3.25.2
Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Changes in Restricted Stock Units
The following table summarizes changes in RSUs for the six months ended June 30, 2025:
 Restricted Stock
Units
Outstanding
Weighted
Average Grant
Date
Fair Value
Balance at beginning of period (unvested)345,436 $36.71 
Granted148,306 48.50 
Vested(156,509)37.89 
Forfeited(3,335)40.57 
Balance at end of period (unvested)333,898 $41.37 
Schedule of Changes in Performance Stock Units
The following table summarizes information about the changes in PSUs as of and for the six months ended June 30, 2025:
Performance Stock
Units
Outstanding(1)
Weighted
Average Grant
Date
Fair Value
Balance at beginning of period (unvested)223,393 $38.06 
Granted75,329 49.33 
Performance adjustment (2)
348 44.09 
Vested(50,269)44.09 
Forfeited or expired(943)39.86 
Balance at end of period (unvested)247,858 $40.23 
(1) PSUs are presented as outstanding, granted and forfeited in the table above assuming targets are met and the awards pay out at 100%.
(2) The performance adjustment represents the difference between shares granted and vested due to achievement of performance factors.
Schedule of Outstanding Performance Stock Units The following table summarizes data related to the Company’s outstanding PSUs as of June 30, 2025:
Grant YearGrant PricePerformance PeriodPSUs Outstanding
2022$37.17 2023 to 202574,345
2023$35.60 2024 to 202698,438
2024$49.33 2025 to 202775,075