v3.26.1
Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Significant Assumptions Used in the Monte Carlo Simulation Models
The following table summarizes the Company's significant assumptions used in the Monte Carlo simulation models:
At Grant Date
20262025
Volatility21.00%27.00%
Risk free interest rate3.53%4.35%
Dividend Yield3.40%3.30%
Schedule of Restricted Stock Unit Activity
The following table summarizes the Company's RSU activity under the Incentive Award Plan during the six months ended June 30, 2026:
Unvested Time-
Based RSUs
Unvested Performance
and Market-Based RSUs
Weighted-Average Grant
Date Price Per Share
Outstanding as of January 1, 2026195,236 1,128,760 $19.12
Shares granted180,124 363,670 $22.27
Shares vested(30,604)(416,550)$17.28
Unearned performance shares— (14,640)$16.53
Outstanding as of June 30, 2026344,756 1,061,240 $20.96
Schedule of Common Stock Activity Under the ESPP
The following table summarizes the Company's common stock activity under the ESPP:
Six months ended June 30
20262025
Gross shares purchased8,06410,412
Weighted average discounted issuance price$23.18$20.14
Issuance proceeds$187$210
Schedule of Stock-Based Compensation Expense
The following table summarizes the Company's stock-based compensation expense:
Three months ended June 30Six months ended June 30
2026202520262025
Incentive Award Plan, net (a)$2,782 $2,680 $5,553 $5,408 
Employee Stock Purchase Plan (b)30 38 60 76 
Stock-based compensation, net$2,812 $2,718 $5,613 $5,484 
(a)As of June 30, 2026, there was $18,136 of estimated unrecognized compensation expense to be recognized through December 2029.
(b)As of June 30, 2026, there was $120 of estimated unrecognized compensation expense to be recognized through December 2027.