| Schedule of Share-based Compensation, Cash Settled Restricted Stock Units and Performance Shares |
Performance Share Awards The following table provides a roll forward of the Company’s nonvested performance share awards: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Number of Shares (1) | | Weighted
Average
Grant Date Fair Value | | | Nonvested at December 31, 2022 | 191,264 | | | $ | 159.07 | | | | Awards granted | 160,796 | | | 211.18 | | | | | | | | | | Awards forfeited | (26,994) | | | — | | | | Nonvested at December 31, 2023 | 286,220 | | | 185.73 | | | | Awards granted | 50,654 | | | 223.35 | | | | Awards vested | (53,083) | | | 162.61 | | | | Awards forfeited | (2,793) | | | — | | | | Nonvested at December 31, 2024 | 280,998 | | | 197.11 | | | | Awards granted | 50,978 | | | 237.62 | | | | Awards vested | (62,592) | | | 145.49 | | | | Awards forfeited | (6,956) | | | — | | | | Nonvested at December 31, 2025 | 262,428 | | | 218.71 | | | | | | | | |
(1)For performance share awards, the number of shares is stated at the maximum number that can be attained if the performance conditions are fully met. Forfeitures represent shares forfeited due to vesting below the maximum attainable as a result of the Company not fully meeting the performance conditions.
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| Schedule of Share-based Compensation, Restricted Stock Awards |
Restricted Stock Awards The following table provides a roll forward of the Company’s nonvested restricted stock awards: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Employee
Restricted Stock Awards | | Non-Employee Director
Restricted Stock Awards | | Total
Restricted Stock Awards | | | | Number of
Shares | | Weighted
Average Grant Date Fair
Value | | Number of
Shares | | Weighted
Average Grant Date Fair
Value | | Number of
Shares | | Weighted
Average Grant Date Fair
Value | | | Nonvested at December 31, 2022 | 712,796 | | | $ | 150.19 | | | 21,015 | | | $ | 154.40 | | | 733,811 | | | $ | 150.31 | | | | Awards granted | 378,994 | | | 199.24 | | | 9,064 | | | 215.79 | | | 388,058 | | | 199.65 | | | | Awards vested | (279,363) | | | 151.15 | | | (11,861) | | | 161.56 | | | (291,224) | | | 151.57 | | | | Awards forfeited | (15,278) | | | — | | | — | | | — | | | (15,278) | | | — | | | | Nonvested at December 31, 2023 | 797,149 | | | 172.74 | | | 18,218 | | | 180.70 | | | 815,367 | | | 172.91 | | | | Awards granted | 260,209 | | | 234.94 | | | 8,645 | | | 223.66 | | | 268,854 | | | 234.69 | | | | Awards vested | (293,175) | | | 164.67 | | | (10,749) | | | 177.16 | | | (303,924) | | | 165.11 | | | | Awards forfeited | (17,694) | | | — | | | — | | | — | | | (17,694) | | | — | | | | Nonvested at December 31, 2024 | 746,489 | | | 197.26 | | | 16,114 | | | 207.95 | | | 762,603 | | | 197.49 | | | | Awards granted | 297,155 | | | 237.13 | | | 7,571 | | | 237.62 | | | 304,726 | | | 237.14 | | | | Awards vested | (281,696) | | | 185.34 | | | (8,326) | | | 193.01 | | | (290,022) | | | 185.56 | | | | Awards forfeited | (33,545) | | | — | | | — | | | — | | | (33,545) | | | — | | | | Nonvested at December 31, 2025 | 728,403 | | | 217.35 | | | 15,359 | | | 230.67 | | | 743,762 | | | 217.63 | | | | | | | | | | | | | | | | |
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