v3.25.4
STOCK BASED COMPENSATION (Tables)
 12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Summary of Changes in Company's Nonvested Restricted Stock Awards
A summary of changes in the Company’s nonvested Restricted Stock Awards (“RSAs”) under the Omnibus Incentive Plan for the year ended December 31, 2025 were as follows:
Nonvested RSAsSharesWeighted Average
Grant Date
Fair Value
Nonvested at January 1, 202548,868 $90.18 
Granted— — 
Vested(48,293)90.21 
Forfeited(575)87.77 
Nonvested at December 31, 2025— $— 
Summary of Changes in Company's Nonvested Restricted Stock Units
A summary of changes in the Company’s nonvested Restricted Stock Units (“RSUs”) under the Omnibus Incentive Plan for the year ended December 31, 2025 were as follows:
Nonvested RSUsSharesWeighted Average
Grant Date
Fair Value
Nonvested at January 1, 2025224,568 $66.07 
Granted115,572 55.77 
Vested(95,137)69.51 
Forfeited(46,246)59.51 
Nonvested at December 31, 2025198,757 $59.96 
Summary of Changes in Company's Nonvested Performance Stock Units
A summary of changes in the Company’s nonvested Market Based Performance Stock Units (“Market Based PSUs”) under the Omnibus Incentive Plan for the year ended December 31, 2025 were as follows:
Nonvested Market Based PSUsSharesWeighted Average
Grant Date
Fair Value
Nonvested at January 1, 2025167,780 $93.10 
Granted115,508 93.21 
Performance adjustment(19,595)— 
Vested(9,793)89.79 
Forfeited(8,477)104.51 
Nonvested at December 31, 2025245,423 $93.82 
Schedule of Fair Value of Market Based Performance Stock Units, Weighted Average Assumptions
The fair value of the Market Based PSUs granted was determined using the following weighted average assumptions:
Year Ended December 31,
202520242023
Grant dateMay 1, 2025May 1, 2024May 1, 2023
Performance period3.00 years3.00 years3.00 years
Stock price$54.38 $72.00 $51.25 
Stock price volatility42.22 %42.31 %49.33 %
Risk-free rate3.62 %4.67 %3.76 %
Summary of Changes in Company's Stock Options
A summary of changes in the Company’s stock options under the Omnibus Incentive Plan for the year ended December 31, 2025 were as follows:
Stock OptionsSharesWeighted Average
Exercise Price		Weighted Average
Remaining
Contractual Term
(In Years)		Aggregate
Intrinsic Value
(In Thousands)
Outstanding at January 1, 2025257,603 $49.68 
Granted91,552 54.38 
Exercised(8,651)37.00 
Forfeited(9,503)64.28 
Expired(2,804)70.50 
Outstanding at December 31, 2025328,197 $50.73 6.16$4,914 
Fully vested shares and shares expected to vest at December 31, 2025328,197 $50.73 6.16$4,914 
Shares exercisable at December 31, 2025173,976 $44.21 3.94$3,876 
Schedule of Information Related to Stock Options
Information related to the stock options for the years ended December 31, 2025, 2024, and 2023 was as follows:
Year Ended December 31,
(Dollars in thousands, except per share amounts)202520242023
Aggregate intrinsic value of options exercised$230 $1,320 $723 
Cash received from option exercises, net$320 $413 $144 
Tax benefit realized from option exercises$48 $277 $152 
Weighted average fair value of options granted (per share)$28.35 $37.30 $25.20 
Fair Value of Stock Options Granted Weighted-Average Assumptions
The fair value of the stock options granted was determined using the following weighted average assumptions:
202520242023
Risk-free interest rate3.88 %4.52 %3.38 %
Expected term6.25 years6.25 years6.25 years
Expected stock price volatility48.48 %46.50 %45.65 %
Dividend yield— — —