v3.26.1
Share-Based Compensation (Tables)
 6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-Based Compensation Expenses
The components of the Company’s share-based compensation expense were as follows:
Three Months Ended June 30,
Six Months Ended June 30,
(in thousands)20262025
2026
2025
Stock options$195 $795 $752 $2,314 
Restricted stock2,744 3,003 6,166 6,330 
Performance vested restricted stock units1,305 7,155 5,618 12,724 
Total share-based compensation expense$4,244 $10,953 $12,536 $21,368 
Schedule of Stock-Based Award Activity
A summary of the share-based award activity during the six months ended June 30, 2026 is presented below:
Stock OptionsRestricted StockPerformance Vested
Restricted Stock Units
OptionsWeighted
Average
Exercise
Price		Weighted
Average
Remaining
Contractual
Life		SharesWeighted
Average
Grant Date
Fair Value		SharesWeighted
Average
Grant Date
Fair Value
Outstanding as of January 1, 2026695,083 $110.98 343,165 $138.02 444,811 $138.89 
Granted— — 153,792 107.78 135,539 151.07 
Performance-based leveraging (1)
— — — — (13,890)125.25 
Exercised/vested(93,133)83.95 (91,506)137.57 (115,378)128.93 
Expired(3,592)120.78 — — — — 
Forfeited(884)134.29 (13,533)121.45 (27,643)154.57 
Outstanding as of June 30, 2026597,474 $115.10 5.4 years391,918 $127.13 423,439 $144.80 
Options exercisable as of June 30, 2026534,965 $115.00 5.2 years
(1) Any revisions to the outstanding PVRSUs during the six months ended June 30, 2026 is based on the Company's performance relative to the targeted performance conditions in the respective PVRSUs.