Share based awards (Tables)

6 Months Ended

Jun. 30, 2026

The following table summarizes option activity for the six months ended June 30, 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	(22,693)	$	117.69
Expired	(31,560)	$	116.06
Outstanding at June 30, 2026	584,931	$	184.91	3.59
Exercisable at June 30, 2026	508,795	$	179.86	3.23

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


	Six Months Ended
	June 30, 2026		June 30, 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 six months ended June 30, 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	—	—		(564,191)	$	132.81
Cash Settled	—	—		(18,470)	$	127.17
Forfeited	(6,177)	$	185.18	(64,869)	$	180.69
Outstanding at June 30, 2026	10,297	$	185.18	828,639	$	182.14

Stock compensation expense for the three and six months ended June 30, 2026 and June 30, 2025 has been allocated as follows:


	Three Months Ended				Six Months Ended
	June 30, 2026		June 30, 2025		June 30, 2026		June 30, 2025
	(in thousands)
Direct costs	$	12,422	$	9,290	$	30,718	$	14,671
Selling, general and administrative	7,014		6,143		15,700		13,056
Total	$	19,436	$	15,433	$	46,418	$	27,727