v3.26.1
SHARE-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Summary of Additional Information Related to Share-based Compensation
The following table provides details of the significant inputs used in the Monte Carlo simulation model:
Six months ended June 30,20262025
Expected volatility 23.92%25.30%
Expected term (in years)3.03.0
Expected dividend yieldn/an/a
Risk-free interest rate3.58%4.16%
n/a - not applicable
The following table provides additional information related to share-based compensation:
Six months ended June 30,20262025
Share-based compensation expense
$31,079 $23,095 
Tax benefits associated with share-based compensation expense
$9,547 $7,883 
Fair value of restricted stock units vested(1)
$80,706 $72,104 
Unrecognized share-based compensation expense$98,518 $93,339 
Expected weighted average period associated with the recognition of unrecognized share-based compensation expense2.6 years2.7 years
(1) Fair value is based on the closing price of the Company's common shares on the vest date.
Summary of Share-Settled Restricted Stock Units
The following table provides an activity summary of the Company's share-settled restricted stock units for the six months ended June 30, 2026:
Share-Settled Performance
Restricted Stock Units
Share-Settled Service
Restricted Stock Units
Number of
restricted
stock units
Weighted 
average
grant date
fair value
Number of
restricted
stock units
Weighted  average
grant date
fair value
Non-vested restricted stock units - beginning of period271 $75.43 1,467 $71.25 
     Granted102 104.41 533 102.36 
Performance adjustment (1)
84 65.28 — — 
     Vested(189)66.05 (590)67.20 
     Forfeited(2)78.70 (104)75.71 
Non-vested restricted stock units - end of period266 $89.88 1,306 $85.43 
(1) The performance adjustment represents the difference between the number of performance restricted stock units granted and earned, that vested following three-year performance periods that ended in 2026 and 2025. The performance restricted stock units were granted at the target level of achievement.