Share-Based Compensation - Summary of Assumptions (Details) - USD ($) |
6 Months Ended | |
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Jun. 30, 2025 |
Jun. 30, 2024 |
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Performance Award | ||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
Expected (annual) dividend rate | $ 0.40 | $ 0.32 |
Expected volatility | 41.91% | 33.99% |
Risk-free interest rate | 3.92% | 4.31% |
Expected life | 2 years 9 months 18 days | 2 years 9 months 18 days |
Directors and Senior Leadership Team | ||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
Expected (annual) dividend rate | $ 0.40 | $ 0.32 |
Expected volatility | 39.05% | 37.90% |
Risk-free interest rate | 3.98% | 4.14% |
Expected life | 4 years | 4 years |
Employees | ||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
Expected (annual) dividend rate | $ 0.40 | $ 0.32 |
Expected volatility | 42.44% | 33.51% |
Risk-free interest rate | 3.92% | 4.28% |
Expected life | 3 years | 3 years |
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- Definition The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Disclosure of the weighted average expected dividend for an entity using a valuation technique with different dividend rates during the contractual term. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Expected term of award under share-based payment arrangement, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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