v3.26.1
Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Schedule of Nonvested Share Activity A summary of the status of the Company’s nonvested share awards as of June 30, 2026, and changes during the six month period then ended, is presented below.
 
 
 

Shares Weighted Average Grant Date Fair Value
Nonvested at January 1, 20261,305,978$55.11 
Granted206,15353.81 
Vested(229,227)56.60 
Forfeited(17,802)54.39 
Nonvested at June 30, 20261,265,102$54.63 
Schedule of Nonvested Restricted Stock Units Activity
A summary of the Company's time-vested restricted stock units and performance-vested restricted stock units as of June 30, 2026, and changes during the six month period ended, is presented below.

Time-Vested Restricted Stock UnitsPerformance-Vested Restricted Stock Units
 
 
 

Units Weighted Average Grant Date Fair ValueUnitsWeighted Average Grant Date Fair Value
Nonvested at January 1, 2026$— $— 
Granted293,35552.06 95,26652.68 
Adjustment (1)
— — 
Vested— — 
Forfeited(2,131)50.91 — 
Nonvested at June 30, 2026291,224$52.07 95,266$52.68 
(1) Reflects the adjustment to target Granted PSUs, based on the current estimate of performance results.
Schedule of Nonvested Performance-Based Units Activity
A summary of the Company's time-vested restricted stock units and performance-vested restricted stock units as of June 30, 2026, and changes during the six month period ended, is presented below.

Time-Vested Restricted Stock UnitsPerformance-Vested Restricted Stock Units
 
 
 

Units Weighted Average Grant Date Fair ValueUnitsWeighted Average Grant Date Fair Value
Nonvested at January 1, 2026$— $— 
Granted293,35552.06 95,26652.68 
Adjustment (1)
— — 
Vested— — 
Forfeited(2,131)50.91 — 
Nonvested at June 30, 2026291,224$52.07 95,266$52.68 
(1) Reflects the adjustment to target Granted PSUs, based on the current estimate of performance results.
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The current year Monte Carlo assumptions are shown in the table below.

Fair value on valuation date$52.68 
Assumptions:
Dividend yield%
Historical volatility25.7%
Risk-free interest rate3.5%
Expected term2.9 years
Share-Based Payment Arrangement, Stock Appreciation Right, Activity
A summary of SAR activity during the first six months of 2026 is presented below.

 
 
 
 
(Dollars in thousands, except per share data)
Rights
Weighted Average Exercise Price
Weighted Average Remaining Contractual Term
Aggregate Intrinsic Value
Outstanding at January 1, 2026850,956$47.99 
Granted— 
Forfeited(1,816)55.06 
Expired(2,495)52.72 
Exercised(70,724)30.65 
Outstanding at June 30, 2026
775,921$49.54 4.6 years$6,634