Stock Based Compensation	6 Months Ended
Jun. 30, 2026
Stock Based Compensation [Abstract]
Stock Based Compensation	12. Stock Based Compensation On March 9, 2026, the Company adopted the 2026 Objective and Discretionary Long-Term Incentive Plan, pursuant to which certain executives are eligible to receive an award of restricted stock units (“RSU”) under the 2003 Stock Incentive Plan. The number of RSUs that may ultimately vest will equal 0% to 150% of the target shares subject to the achievement of pre-established performance goals during the applicable performance period and the employees’ continued employment through the applicable vesting dates. The RSUs vest in 16 quarterly installments beginning May 20, 2027 and thereafter on August 20, November 20, and March 6 with final vesting on March 6, 2031, subject to accelerated vesting upon a “Qualified Retirement” and otherwise as in the Compensation Committee’s sole discretion. Qualified Retirement shall mean the awardee’s separation from service after awardee’s attainment of age 65 and at least 8 years of service, provided that a written notice of retirement at least 9 months prior to the termination date of Grantee’s employment. On February 23, 2026, the Company granted 0.1 million of restricted stock awards (“RSA”) under the 2003 Stock Incentive Plan to certain executives and key employees. Typically, the RSAs vest over four years, subject to the employees’ continued employment. On May 19, 2026, the Company awarded the Board of Directors RSAs under the 2003 Stock Incentive Plan. The RSAs vest quarterly over one year subject to the Directors’ continued directorship with the Company. Stock-based compensation for the three months ended June 30, 2026 and 2025 was $2.4 million and $2.0 million, respectively, and for the six months ended June 30 2026, and 2025 was $4.6 million and $3.7 million, respectively.

Stock Based Compensation

6 Months Ended

Jun. 30, 2026

12. Stock Based Compensation

On March 9, 2026, the Company adopted the 2026 Objective and Discretionary Long-Term Incentive Plan, pursuant to which certain executives are eligible to receive an award of restricted stock units (“RSU”) under the 2003 Stock Incentive Plan. The number of RSUs that may ultimately vest will equal 0% to 150% of the target shares subject to the achievement of pre-established performance goals during the applicable performance period and the employees’ continued employment through the applicable vesting dates. The RSUs vest in 16 quarterly installments beginning May 20, 2027 and thereafter on August 20, November 20, and March 6 with final vesting on March 6, 2031, subject to accelerated vesting upon a “Qualified Retirement” and otherwise as in the Compensation Committee’s sole discretion. Qualified Retirement shall mean the awardee’s separation from service after awardee’s attainment of age 65 and at least 8 years of service, provided that a written notice of retirement at least 9 months prior to the termination date of Grantee’s employment.

On February 23, 2026, the Company granted 0.1 million of restricted stock awards (“RSA”) under the 2003 Stock Incentive Plan to certain executives and key employees. Typically, the RSAs vest over four years, subject to the employees’ continued employment. On May 19, 2026, the Company awarded the Board of Directors RSAs under the 2003 Stock Incentive Plan. The RSAs vest quarterly over one year subject to the Directors’ continued directorship with the Company.

Stock-based compensation for the three months ended June 30, 2026 and 2025 was $2.4 million and $2.0 million, respectively, and for the six months ended June 30 2026, and 2025 was $4.6 million and $3.7 million, respectively.