v3.26.3
Stock Options, Restricted Stock, and Performance Stock Units (Tables)
9 Months Ended
Sep. 30, 2026
Stock Options, Restricted Stock, and Performance Stock Units  
Summary of weighted average assumptions used in the model for valuing stock option grants

The weighted average assumptions used in the model for valuing stock options grants for the nine months ended September 30, 2026 are as follows:

​

​

​

​

​

​

​

September 30, 

​

​

  ​ ​ ​

2026

  ​ ​ ​

Dividend Yield

 

—

%  

Expected Life

 

7

Years

Expected Volatility

 

30.70

%  

Risk-Free Interest Rate

 

4.77

%  

Summary of the status of the Company's outstanding stock options

​

The following table presents a summary of the status of the Company’s outstanding stock options for the nine months ended September 30, 2026:

​

​

​

​

​

​

​

​

​

September 30, 2026

​

  ​ ​ ​

  ​ ​ ​

  ​ ​ ​

Weighted

​

​

​

​

Average

​

​

Shares

​

Exercise Price

Outstanding at Beginning of Year

 

1,935,175

​

$

11.59

Granted

 

309,500

​

 

20.79

Exercised

 

(217,282)

​

 

10.54

Forfeitures

 

(50,000)

​

 

14.45

Outstanding at Period End

 

1,977,393

​

$

13.08

​

​

​

​

​

​

Options Exercisable at Period End

 

1,323,142

​

$

11.24

Summary of information pertaining to options outstanding based on range of exercise price

The following table presents information pertaining to options outstanding at September 30, 2026:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Options Outstanding

​

Options Exercisable

​

​

​

​

​

​

​

​

Weighted Average

​

​

​

​

​

​

​

Number of

​

Weighted Average

​

Remaining Contractual

​

Number of

​

Weighted Average

Range of Exercise Prices

  ​ ​ ​

Options

  ​ ​ ​

Exercise Price

​

Life in Years

​

Options

  ​ ​ ​

Exercise Price

$

7.00 - 7.99

 

569,148

 

$

7.47

 

1.0

 

569,148

 

$

7.47

​

8.00 - 8.99

 

2,961

 

​

8.76

 

3.5

 

2,961

 

​

8.76

​

10.00 - 10.99

​

166,250

​

​

10.65

​

6.8

​

114,249

​

​

10.65

​

11.00 - 11.99

​

141,275

​

​

11.11

​

6.0

​

76,025

​

​

11.12

​

12.00 - 12.99

​

230,366

​

​

12.91

​

2.8

​

230,366

​

​

12.91

​

13.00 - 13.99

​

248,993

​

​

13.77

​

8.4

​

61,493

​

​

13.77

​

17.00 - 17.99

​

293,900

​

​

17.50

​

5.7

​

268,900

​

​

17.50

​

18.00 - 18.99

​

60,000

​

​

18.08

​

9.3

​

—

​

​

—

​

20.00 - 20.99

​

7,500

​

​

20.92

​

9.9

​

—

​

​

—

​

21.00 - 21.99

​

257,000

​

​

21.20

​

10.0

​

—

​

​

—

​

Totals

 

1,977,393

​

$

13.08

​

5.1

 

1,323,142

​

$

11.24

Summary of analysis of nonvested options to purchase shares of the Company's stock issued and outstanding

The following table presents an analysis of nonvested options to purchase shares of the Company’s stock issued and outstanding for the nine months ended September 30, 2026:

​

​

​

​

​

​

​

​

  ​ ​ ​

  ​ ​ ​

  ​ ​ ​

Weighted

​

​

Number of

​

Average Grant

​

​

Shares

​

Date Fair Value

Nonvested Options at December 31, 2025

 

584,251

​

$

5.69

Granted

 

309,500

​

​

8.97

Vested

 

(192,000)

​

​

5.51

Forfeited

​

(47,500)

​

​

6.19

Nonvested Options at September 30, 2026

 

654,251

​

$

7.26

Summary of the status of the Company's outstanding restricted stock units

The following table presents an analysis of nonvested restricted stock units outstanding for the nine months ended September 30, 2026:

​

​

​

​

​

​

​

  ​ ​ ​

  ​ ​ ​

  ​ ​ ​

Weighted

​

​

Number of

​

Average Grant

​

​

Units

​

Date Fair Value

Nonvested at December 31, 2025

 

447,661

​

$

15.24

Granted

 

64,419

​

​

19.54

Vested

 

(50,373)

​

​

13.93

Forfeited

​

(22,018)

​

​

16.28

Nonvested at September 30, 2026

 

439,689

​

$

15.96

Summary of analysis of nonvested restricted stock performance units

The following table presents an analysis of nonvested performance stock units outstanding for the nine months ended September 30, 2026:

​

​

​

​

​

​

​

  ​ ​ ​

  ​ ​ ​

  ​ ​ ​

Weighted

​

​

Number of

​

Average Grant

​

​

Units

​

Date Fair Value

Nonvested at December 31, 2025

 

—

​

$

—

Granted

 

125,071

​

​

18.81

Vested

 

—

​

​

—

Forfeited

​

—

​

​

—

Nonvested at September 30, 2026

 

125,071

​

$

18.81