v3.25.2
Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Summary Of The Status Of Nonvested Share Awards A summary of the status of the Company’s nonvested share awards as of June 30, 2025, and changes during the six month period then ended, is presented below.
 
 
 

Shares Weighted Average Grant Date Fair Value
Nonvested at January 1, 20251,252,653 $55.41
Granted287,040 65.29
Vested(241,921)55.05
Forfeited(28,060)57.18
Nonvested at June 30, 20251,269,712 $57.68
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions The current year per share average fair value and the model assumptions are shown in the table below.
Weighted per share average fair value at grant date$19.72 
Assumptions:
Dividend yield
1.7%
Volatility
29.6%
Risk-free interest rate
4.1%
Expected term
6.0 years
Summary Of SAR Activity
A summary of SAR activity during the first six months of 2025 is presented below.

 
 
 
 
(Dollars in thousands, except per share data)
Rights
Weighted Average Exercise Price
Weighted Average Remaining Contractual Term
Aggregate Intrinsic Value
Outstanding at January 1, 2025841,962 $48.90 
Granted38,770 64.93 
Forfeited(2,200)54.70 
Expired(1,518)54.82 
Exercised(54,848)39.13 
Outstanding at June 30, 2025
822,166 $50.28 5.2 years$9,881