v3.26.1
Note 3 - Share-based Compensation
6 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Share-Based Payment Arrangement [Text Block]

3.

Share-based Compensation

 

The following table summarizes the components of our share-based compensation program expense (in thousands):

 

   

Three Months Ended

June 30,

   

Six Months Ended

June 30,

 
   

2026

   

2025

   

2026

   

2025

 

Restricted share units:

 

Pretax compensation expense

  $ 13,954     $ 14,502     $ 26,060     $ 26,545  

Tax benefit

    3,568       3,882       6,664       7,106  

Restricted share unit expense, net of tax

  $ 10,386     $ 10,620     $ 19,396     $ 19,439  

Performance share units:

 

Pretax compensation expense

  $ 6,082     $ 5,162     $ 12,024     $ 11,562  

Tax benefit

    1,555       1,382       3,075       3,095  

Performance share unit expense, net of tax

  $ 4,527     $ 3,780     $ 8,949     $ 8,467  

 

As of June 30, 2026, we had $84.2 million and $44.0 million of total unrecognized compensation expense related to restricted share units and performance share units, respectively, that is to be recognized over the remaining weighted average period of approximately 3.3 years for restricted share units and 2.2 years for performance share units. During the six months ended June 30, 2026, we issued 43,550 shares for vested restricted share units and 81,508 shares for vested performance share units. Of this total, 129 shares for vested restricted share units were issued during the second quarter 2026.