v3.26.1
Share-Based Compensation Plans
6 Months Ended
Jun. 30, 2026
Share-Based Compensation Plans  
Share-Based Compensation Plans

11.  Share-Based Compensation Plans

During the three and six months ended June 30, 2026, we recognized $0.4 million and $0.9 million, respectively, of compensation expense associated with stock option and restricted stock awards granted in years 2021 through 2025. During the three and six months ended June 30, 2025, we recognized $0.4 million and $0.8 million, respectively, of compensation expense associated with stock option and restricted stock awards granted in years 2020 through 2024.

The following table summarizes our stock option activity for the six-month period ended June 30, 2026:

Weighted

Weighted

Average

Aggregate

Average

Remaining

Intrinsic

Exercise

Contractual

Value*

Stock Options

  ​ ​ ​

Shares

  ​ ​ ​

Price

  ​ ​ ​

Term (In Years)

  ​ ​ ​

(In Thousands)

Outstanding at January 1, 2026

 

512,705

$

26.15

 

  ​

 

  ​

Granted

 

 

  ​

 

  ​

Exercised

 

(9,980)

25.54

 

  ​

 

  ​

Forfeited or expired

 

(5,550)

29.28

 

  ​

 

  ​

Outstanding at June 30, 2026

 

497,175

$

26.12

 

4.9

$

6,566

Exercisable at June 30, 2026

 

341,584

$

26.00

 

4.2

$

4,555

*The aggregate intrinsic value of outstanding and exercisable stock options is defined as the difference between the market value of our Company’s common stock on June 30, 2026 of $39.33 and the exercise price multiplied by the number of in-the-money outstanding and exercisable stock options.

The following table summarizes our restricted stock award activity for the six-month period ended June 30, 2026:

  ​ ​ ​

Weighted

Weighted

Average

Aggregate

Shares of

Average

Remaining

Intrinsic

Restricted

Grant Date

Contractual

Value*

Restricted Stock

Stock

Fair Value

Term (In Years)

(In Thousands)

Non-vested - January 1, 2026

 

120,539

$

31.06

Granted

 

 

 

 

Vested

 

 

 

 

Forfeited

 

(3,140)

 

31.06

 

 

Non-vested - June 30, 2026

 

117,399

$

31.06

3.3

$

4,617

*The aggregate intrinsic value of non-vested restricted stock was calculated using the market value of our Company’s common stock on June 30, 2026 of $39.33 multiplied by the number of non-vested restricted shares outstanding.