v3.26.1
Share-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-based Compensation Expense
The following table summarizes share-based compensation expense recognized during the three and six months ended June 30, 2026 and 2025:

Three months ended
June 30,
Six months ended
June 30,
2026202520262025
in thousands
Restricted stock units$3,425 $3,719 $6,608 $6,921 
Performance restricted stock units1,668 1,427 3,102 2,617 
Total share-based compensation expense$5,093 $5,146 $9,710 $9,538 
Schedule of Restricted Stock Units Activity
The following table provides a summary of RSU activity during the six months ended June 30, 2026:

Restricted Stock UnitsWeighted Average Grant Date Fair Value
Unvested balance as of January 1, 2026
3,548,091$9.56 
Granted874,10610.53 
Vested (1)
(947,102)9.33 
Forfeited(225,430)9.30 
Unvested balance as of June 30, 2026
3,249,665$9.91 
(1)    For the six months ended June 30, 2026, 643,117 shares of Class A Common Stock were issued related to the vesting of RSUs in the period, net of shares withheld for the funding of employee tax obligations.
Schedule of Restricted Stock Units Award Activity
The following table provides additional data related to RSU activity during the six months ended June 30, 2026 and 2025:

Six months ended June 30,
20262025
dollars in thousands
Total fair value of shares vested (1)
$8,840 $8,067 
Unrecognized compensation expense$24,167 $29,479 
Weighted average period awards are expected to be recognized (in years)2.322.73
(1)    The tax impact related to vested RSUs for the six months ended June 30, 2026 and 2025 was not material to the Condensed Consolidated Financial Statements.
Schedule of Performance Stock Units Outstanding
The following table provides a summary of the activity related to PRSUs under the Performance Condition PRSU Agreement during the six months ended June 30, 2026:

Performance Restricted Stock UnitsWeighted Average Grant Date Fair Value
Unvested balance as of January 1, 2026
538,531$9.20 
Granted245,73110.53 
Unvested balance as of June 30, 2026
784,262$9.62 
Schedule of Performance-based Units Award Activity
The following table provides additional data related to Performance Condition PRSU award activity during the six months ended June 30, 2026 and 2025:

Six months ended June 30,
20262025
dollars in thousands
Unrecognized compensation expense$6,322 $5,767 
Weighted average period awards are expected to be recognized (in years)2.122.19
Schedule of Grant-date Fair Value of Performance Stock Units
The following table summarizes the assumptions and related information used to determine the grant-date fair value of the market condition PRSUs awarded in April 2022:

InputsPerformance Restricted Stock Units
Weighted average grant-date fair value per share$5.19
Expected stock volatility35%
Expected term (in years)7.0
Risk-free interest rate2.5%
Dividend yield—%