Share based awards (Tables)

3 Months Ended

Mar. 31, 2026

The following table summarizes option activity for the three months ended March 31, 2026:


	Options Outstanding Number of Shares	Weighted Average Exercise Price		Weighted Average Remaining Contractual Life
Outstanding at December 31, 2025	639,184	$	179.12	3.90
Granted	—	—
Exercised	(10,174)	$	106.64
Expired	(31,560)	$	116.06
Outstanding at March 31, 2026	597,450	$	183.69	3.92
Exercisable at March 31, 2026	517,846	$	178.31	3.58

The weighted average grant date fair values and assumptions used were as follows:


	Three Months Ended
	March 31, 2026		March 31, 2025
Weighted average grant date fair value	$	—	$	64.42
Assumptions:
Expected volatility	—		35		%
Dividend yield	—		—		%
Risk-free interest rate	—		4.00		%
Expected life	—		4.4 years

The following table summarizes RSU and PSU activity for the three months ended March 31, 2026:


	PSU Outstanding Number of Shares	PSU Weighted Average Grant Date Fair Value		RSU Outstanding Number of Shares	RSU Weighted Average Grant Date Fair Value
Outstanding at December 31, 2025	16,474	$	185.18	1,476,169	$	162.53
Granted	—	—		—	—
Shares vested	—	—		(24,039)	$	179.56
Forfeited	(6,177)	$	185.18	(22,944)	$	172.47
Outstanding at March 31, 2026	10,297	$	185.18	1,429,186	$	162.09

Stock compensation expense for the three months ended March 31, 2026 and March 31, 2025 has been allocated as follows:


	Three Months Ended
	March 31, 2026		March 31, 2025
	(in thousands)
Direct costs	$	18,296	$	5,381
Selling, general and administrative	8,686		6,913
Total	$	26,982	$	12,294