v3.25.2
Equity Incentive Plans (Tables)
6 Months Ended
Jun. 30, 2025
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Summary of Stock Options Activity

The following table summarizes information about stock options activity for the six months ended June 30, 2025 and 2024:

 

 

 

June 30, 2025

 

 

June 30, 2024

 

 

 

Shares

 

 

Weighted Average Exercise Price

 

 

Shares

 

 

Weighted Average Exercise Price

 

Options outstanding at beginning of period

 

 

193,395

 

 

$

57.66

 

 

 

214,974

 

 

$

57.08

 

Granted

 

 

6,666

 

 

 

76.30

 

 

 

850

 

 

 

71.50

 

Exercised

 

 

(13,316

)

 

 

54.81

 

 

 

(5,557

)

 

 

51.50

 

Forfeited or expired

 

 

(817

)

 

 

46.13

 

 

 

(133

)

 

 

35.81

 

Outstanding at end of period

 

 

185,928

 

 

$

58.58

 

 

 

210,134

 

 

$

57.30

 

Options exercisable at June 30

 

 

125,983

 

 

$

55.61

 

 

 

121,745

 

 

$

53.51

 

Summary of Stock Appreciation Right Activity

The following table summarizes information about cash-settled SARS activity for the six months ended June 30, 2025 and 2024:

 

 

 

June 30, 2025

 

 

June 30, 2024

 

 

 

Shares

 

 

Weighted Average Exercise Price

 

 

Shares

 

 

Weighted Average Exercise Price

 

SARs outstanding at beginning of period

 

 

142,785

 

 

$

55.03

 

 

 

157,020

 

 

$

54.88

 

Granted

 

 

7,000

 

 

 

76.30

 

 

 

817

 

 

 

71.50

 

Exercised

 

 

(11,158

)

 

 

50.34

 

 

 

(4,335

)

 

 

53.67

 

Forfeited or expired

 

 

 

 

 

 

 

 

(2,000

)

 

 

62.10

 

Outstanding at end of period

 

 

138,627

 

 

$

56.49

 

 

 

151,502

 

 

$

54.90

 

SARS exercisable at June 30

 

 

102,041

 

 

$

53.18

 

 

 

101,692

 

 

$

51.00

 

Summary of Restricted Share Awards and Restricted Share Unit ("RSU") Awards Activity

A summary of restricted share awards activity for the six months ended June 30, 2025 and 2024 is as follows:

 

 

June 30, 2025

 

 

June 30, 2024

 

 

Shares

 

Weighted Average Cost

 

 

Shares

 

Weighted Average Cost

 

Outstanding at beginning of period

 

153

 

$

66.70

 

 

 

301

 

$

66.70

 

Granted

 

 

 

 

 

 

 

 

 

Vested

 

 

 

 

 

 

 

 

 

Forfeited

 

 

 

 

 

 

 

 

 

Outstanding at June 30, 2025

 

153

 

$

66.70

 

 

 

301

 

$

66.70

 

A summary of restricted share unit ("RSU") awards activity for the six months ended June 30, 2025 and 2024 is as follows:

 

 

June 30, 2025

 

 

June 30, 2024

 

 

Shares

 

Weighted Average Cost

 

 

Shares

 

Weighted Average Cost

 

Outstanding at beginning of period

 

24,482

 

$

70.44

 

 

 

14,458

 

$

69.00

 

Granted

 

1,833

 

 

76.30

 

 

 

13,957

 

 

71.59

 

Vested

 

(5,676

)

 

70.38

 

 

 

(2,725

)

 

69.00

 

Forfeited

 

 

 

 

 

 

(833

)

 

69.00

 

Outstanding at June 30, 2025

 

20,639

 

$

70.98

 

 

 

24,857

 

$

70.46

 

Performance-based Vesting Restricted Stock Units [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Summary of Performance-Based Vesting Restricted Stock Units Activity

A summary of the PSUs activity for the six months ended June 30, 2025 and 2024 is as follows:

 

 

June 30, 2025

 

 

June 30, 2024

 

 

Shares

 

Weighted Average Cost

 

 

Shares

 

Weighted Average Cost

 

Outstanding at beginning of period

 

738

 

$

67.85

 

 

 

1,107

 

$

67.85

 

Granted

 

 

 

 

 

 

 

 

 

Vested

 

(369

)

 

67.85

 

 

 

(369

)

 

67.85

 

Forfeited

 

 

 

 

 

 

 

 

 

Outstanding at June 30, 2025

 

369

 

$

67.85

 

 

 

738

 

$

67.85

 

 

Grant Year

 

Grant Price

 

 

Applicable Performance Period

 

Period in which units to be settled

 

PSUs Outstanding

 

2023

 

$

67.85

 

 

2023-2025

 

2024-2026

 

 

369