v3.26.1
Share-Based Compensation (Tables)
 3 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-Based Compensation Expenses
The components of the Company’s share-based compensation expense were as follows:
Three Months Ended March 31,
(in thousands)20262025
Stock options$557 $1,519 
Restricted stock3,422 3,327 
Performance vested restricted stock units4,313 5,569 
Total share-based compensation expense$8,292 $10,415 
Schedule of Stock-Based Award Activity
A summary of the share-based award activity during the three months ended March 31, 2026 is presented below:
 Stock OptionsRestricted StockPerformance Vested
Restricted Stock Units
 OptionsWeighted
Average
Exercise
Price		Weighted
Average
Remaining
Contractual
Life		SharesWeighted
Average
Grant Date
Fair Value		SharesWeighted
Average
Grant Date
Fair Value
Outstanding as of January 1, 2026695,083 $110.98 343,165 $138.02 444,811 $138.89 
Granted— — 129,303 107.01 133,689 151.51 
Performance-based leveraging (1)
— — — — (8,796)131.53 
Exercised/vested(77,737)81.80 (78,106)139.77 (115,378)128.93 
Expired— — — — — — 
Forfeited(752)136.14 (6,235)123.36 (22,031)161.60 
Outstanding as of March 31, 2026616,594 $114.62 5.6 years388,127 $127.84 432,295 $144.29 
Options exercisable as of March 31, 2026553,953 $114.48 5.4 years
(1) Any revisions to the outstanding PVRSUs during the three months ended March 31, 2026 is based on the Company's performance relative to the targeted performance conditions in the respective PVRSUs.