v3.26.1
Stock-Based Compensation
6 Months Ended
Jun. 30, 2026
Compensation Related Costs [Abstract]  
Stock-Based Compensation Stock-Based Compensation
The Company has long-term incentive plans under which stock-based compensation awards are granted to employees and directors by the Company’s board of directors or its designated committee. Grants are subject to vesting requirements and may include, among other things, nonqualified stock options, stock appreciation rights, restricted stock units (“RSUs”), restricted stock and performance units, or any combination thereof.
The table below summarizes the Company’s stock-based compensation expense:
 Three Months Ended June 30,Six Months Ended June 30,
(in thousands)2026202520262025
Stock-settled awards:
RSUs$4,921 $4,920 $17,126 $15,279 
Cash-settled units4,853 2,707 10,147 5,098 
Total$9,774 $7,627 $27,273 $20,377 
 
(in thousands except period data)June 30, 2026
Unrecognized compensation expense related to unvested stock-settled awards$30,246 
Weighted average period over which stock-settled awards expense is expected to be recognized, in years2.0
Unrecognized compensation expense related to cash-settled units$33,372 
Weighted average period over which cash-settled units expense is expected to be recognized, in years2.1