v3.26.1
EMPLOYEE STOCK PLANS (Tables)
 12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Summary of Share-Based Compensation Awards
During the years ended December 31, 2025, 2024 and 2023, we recognized compensation expense (before income tax expense) for these awards as follows (in thousands):
202520242023
Stock options$— $— $768 
Restricted stock units and awards20,199 7,771 5,258 
Performance share units5,805 6,065 6,260 
Total share-based compensation expense$26,004 $13,836 $12,286 
Summary of Restricted Stock Award Activity
Restricted stock units and awards activity during the year ended December 31, 2025 was as follows (in thousands, except per share data):
Number of
Shares
Weighted
Average
Grant-Date
Fair Value (1)
Non-vested at December 31, 2024899 $67.01 
Granted135 $79.88 
Vested103 $52.83 
Forfeited20 $74.27 
Non-vested at December 31, 2025911 $70.36 
(1)Represents weighted average market value of the shares as the awards are granted at no cost to the recipients.
Summary of PSU Award Activity
The following table presents our PSUs award activity during the twelve months ended December 31, 2025 (in thousands, except per share data):
Performance Share Units
Weighted
Average
Grant-Date
Fair Value Per Unit (1)
Outstanding at December 31, 2024285 $48.18 
Granted80 $84.67 
Vested124 $38.12 
Adjustments for performance results (2)
12 $50.79 
Outstanding at December 31, 2025253 $64.83 
(1)Represents weighted average market value of the shares; awards are granted at no cost to the recipients.
(2)Represents the change in the number of performance awards earned based on performance achievement for the performance period.