v3.26.1
EMPLOYEE STOCK PLANS (Tables)
 6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Summary of Compensation Expense for Stock-Based Awards
Compensation expense for stock-based awards recognized during the three and six months ended June 30, 2026 and 2025 was as follows (in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
Restricted stock units and awards$6,382 $5,289 $12,752 $10,148 
Performance share units1,723 1,311 2,883 2,091 
Total stock-based compensation expense$8,105 $6,600 $15,635 $12,239 
Summary of Restricted Stock Units and Awards Activity and Performance Share Units Activity
The following table presents our restricted stock units and awards activity during the six months ended June 30, 2026 (in thousands, except per share unit data):
Restricted Stock Units and Awards
Number of
Shares
Weighted Average
Grant-Date
Fair Value (1)
Outstanding at beginning of year911 $70.36 
Granted740 $28.20 
Exercised or released(104)$69.51 
Expired or canceled(14)$46.81 
Outstanding at June 30, 20261,533 $50.28 
(1)Represents weighted average market value of the shares; awards are granted at no cost to the recipients.
The following table presents our PSUs activity during the six months ended June 30, 2026 (in thousands, except per share unit data):
Performance
Share Units
Weighted Average Grant-Date
Fair Value Per Unit (1)
Outstanding at beginning of year253 $64.83 
Granted256 $28.33 
Vested(102)$48.40 
Outstanding at June 30, 2026407 $45.98 
(1)Represents weighted average market value of the PSUs; PSUs are granted at no cost to the recipients.