EQUITY AWARDS (Tables)
|
6 Months Ended |
Jun. 30, 2025 |
|---|
| Share-Based Payment Arrangement [Abstract] |
|
| Schedule of Stock Option Activity |
A summary of stock option activity in the Plan during the six months ended June 30, 2025 and 2024 follows:
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Six Months Ended June 30, 2025 |
|
Number of
Shares |
|
|
Weighted-
Average
Exercise
Price |
|
|
Weighted-
Average
Remaining
Contractual
Life in
Years |
|
|
Aggregate
Intrinsic
Value |
|
Outstanding at beginning of year |
|
|
393,770 |
|
|
$ |
29.24 |
|
|
|
5.93 |
|
|
$ |
2,739 |
|
Granted |
|
|
8,500 |
|
|
|
41.25 |
|
|
|
|
|
|
|
Exercised |
|
|
(55,350 |
) |
|
|
25.83 |
|
|
|
|
|
|
|
Forfeited |
|
|
(6,600 |
) |
|
|
24.55 |
|
|
|
|
|
|
|
Balance, June 30, 2025 |
|
|
340,320 |
|
|
$ |
30.19 |
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|
|
6.11 |
|
|
$ |
4,171 |
|
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|
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|
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|
Exercisable at end of period |
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|
199,680 |
|
|
$ |
29.17 |
|
|
|
4.89 |
|
|
$ |
2,651 |
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|
Six Months Ended June 30, 2024 |
|
Number of
Shares |
|
|
Weighted-
Average
Exercise
Price |
|
|
Weighted-
Average
Remaining
Contractual
Life in
Years |
|
|
Aggregate
Intrinsic
Value |
|
Outstanding at beginning of year |
|
|
465,680 |
|
|
$ |
28.12 |
|
|
|
5.46 |
|
|
$ |
2,782 |
|
Granted |
|
|
59,000 |
|
|
|
28.86 |
|
|
|
|
|
|
|
Exercised |
|
|
(24,650 |
) |
|
|
22.88 |
|
|
|
|
|
|
|
Forfeited |
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|
(18,600 |
) |
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|
34.25 |
|
|
|
|
|
|
|
Balance, June 30, 2024 |
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|
481,430 |
|
|
$ |
28.24 |
|
|
|
5.62 |
|
|
$ |
1,993 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Exercisable at end of period |
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|
282,310 |
|
|
$ |
26.63 |
|
|
|
3.80 |
|
|
$ |
1,532 |
|
|
| Schedule of Nonvested Stock Option Activity |
A summary of nonvested stock option activity in the Plan during the six months ended June 30, 2025 and 2024 follows:
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|
Six Months Ended June 30, 2025 |
|
Number of
Shares |
|
|
Weighted-Average
Grant
Date Fair Value |
|
Nonvested at beginning of year |
|
|
161,280 |
|
|
$ |
6.32 |
|
Granted |
|
|
8,500 |
|
|
|
10.65 |
|
Vested |
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|
(29,140 |
) |
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|
6.04 |
|
Balance, June 30, 2025 |
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|
140,640 |
|
|
$ |
6.64 |
|
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|
|
|
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|
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|
|
Six Months Ended June 30, 2024 |
|
Number of
Shares |
|
|
Weighted-Average
Grant
Date Fair Value |
|
Nonvested at beginning of year |
|
|
182,570 |
|
|
$ |
6.10 |
|
Granted |
|
|
59,000 |
|
|
|
6.36 |
|
Vested |
|
|
(25,950 |
) |
|
|
5.56 |
|
Forfeited |
|
|
(16,500 |
) |
|
|
7.71 |
|
Balance, June 30, 2024 |
|
|
199,120 |
|
|
$ |
6.18 |
|
|
| Plan Information |
Information related to stock options in the Plan is as follows for the six months ended:
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June 30, 2025 |
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|
June 30, 2024 |
|
Intrinsic value of options exercised |
|
$ |
919 |
|
|
$ |
213 |
|
Cash received from options exercised |
|
|
1,430 |
|
|
|
564 |
|
Net exercise of options |
|
|
17 |
|
|
|
— |
|
Weighted average fair value of options granted |
|
|
10.65 |
|
|
|
6.36 |
|
|
| Summary of Restricted Stock Awards and Units Activity |
A summary of restricted stock activity in the Plan during the six months ended June 30, 2025 and 2024 follows:
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|
Six Months Ended June 30, 2025 |
|
Number of
Shares |
|
|
Weighted-Average
Grant
Date Fair Value |
|
Nonvested at beginning of year |
|
|
8,317 |
|
|
$ |
29.81 |
|
Granted |
|
|
1,935 |
|
|
|
41.11 |
|
Vested |
|
|
(1,272 |
) |
|
|
31.97 |
|
Balance, June 30, 2025 |
|
|
8,980 |
|
|
$ |
31.93 |
|
|
|
|
|
|
|
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|
Six Months Ended June 30, 2024 |
|
Number of
Shares |
|
|
Weighted-Average
Grant
Date Fair Value |
|
Nonvested at beginning of year |
|
|
15,390 |
|
|
$ |
28.87 |
|
Granted |
|
|
2,388 |
|
|
|
30.49 |
|
Vested |
|
|
(3,511 |
) |
|
|
28.52 |
|
Forfeited |
|
|
(334 |
) |
|
|
33.43 |
|
Balance, June 30, 2024 |
|
|
13,933 |
|
|
$ |
29.12 |
|
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