v3.26.3
Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Significant Assumptions Used in the Monte Carlo Simulation Models
The following table summarizes the Company's significant assumptions used in the Monte Carlo simulation models:
At Grant Date
20262025
Volatility21.00%27.00%
Risk free interest rate3.53%4.35%
Dividend Yield3.40%3.30%
Schedule of Restricted Stock Unit Activity
The following table summarizes the Company's RSU activity under the Incentive Award Plan during the nine months ended September 30, 2026:
Unvested
Time-Based RSUs
Unvested
Market-Based RSUs
Weighted-Average Grant
Date Price Per Share
Outstanding as of January 1, 2026195,236 1,128,760 $19.12
Shares granted180,124 363,670 $22.27
Shares vested(30,604)(416,550)$17.28
Unearned performance shares— (14,640)$16.53
Outstanding as of September 30, 2026344,756 1,061,240 $20.96
Schedule of Common Stock Activity Under the ESPP
The following table summarizes the Company's common stock activity under the ESPP:
Nine months ended September 30
20262025
Gross shares purchased21,23424,209
Weighted average discounted issuance price$23.25$20.17
Issuance proceeds$494$488
Schedule of Stock-Based Compensation Expense
The following table summarizes the Company's stock-based compensation expense:
Three months ended September 30Nine months ended September 30
2026202520262025
Incentive Award Plan, net (a)$2,805 $2,678 $8,358 $8,086 
Employee Stock Purchase Plan (b)31 33 91 109 
Stock-based compensation, net$2,836 $2,711 $8,449 $8,195 
(a)As of September 30, 2026, there was $15,331 of estimated unrecognized compensation expense to be recognized through December 2029.
(b)As of September 30, 2026, there was $94 of estimated unrecognized compensation expense to be recognized through June 2028.