The Company has an equity incentive plan, the Amended and Restated 2014 Stock Incentive Plan (the “2014 Plan”), which provides for the granting of non-qualified and incentive stock options, restricted stock and restricted stock units (“RSUs”), stock appreciation rights and other awards to employees, directors and consultants. The Company also has an employment agreement with its Chief Executive Officer that provides for an award of RSUs. For additional information regarding the Company’s stock-based compensation plans, see Note 17—“Stock-Based Compensation” in the 2026 Form 10-K.

At September 30, 2026, 1,858,601 shares of common stock were authorized for future awards under the 2014 Plan. As of September 30, 2026, the total compensation cost not yet recognized related to non-vested awards was $134.9 million, which is expected to be recognized over a weighted-average period of 1.3 years.


	RSUs	Weighted-Average Grant-Date Fair Value
Non-vested balance at June 30, 2026	1,335,483	$	71.42
Granted	264,760	93.97
Vested	(200,859)	62.29
Forfeited	(26,391)	73.99
Non-vested balance at September 30, 2026	1,372,993	$	76.98


	For the Three Months Ended September 30,
(Dollars in thousands, except per share data)	2026		2025
Total repurchase	$	7,002	$	—
Number of shares repurchased	80,561		—
Average price paid per share	$	86.92	$	—

As of September 30, 2026, there was $119.1 million of share repurchase authorization remaining under the Company’s common stock repurchase program. Of the repurchases made during the three months ended September 30, 2026, $3.0 million or 34,927 common shares were traded on September 30, 2026 but settled in October 2026. The Company repurchased an additional 79,695 shares for approximately $7.0 million from October 1, 2026 through October 23, 2026. The share repurchase program will continue in effect until terminated by the Board of Directors of the Company. For additional information regarding the Company’s share repurchase program, see Note 16—“Stockholders' Equity” in the 2026 Form 10-K.

On January 28, 2025, the Company entered into an equity distribution agreement pursuant to which the Company may issue and sell through distribution agents from time to time shares of the Company’s common stock in at-the-market offerings with an aggregate offering price of up to $150,000,000. The Company will issue the stock pursuant to a previously effective registration statement and a prospectus supplement filed with the SEC on January 28, 2025. No shares of the Company’s common stock have been issued pursuant to this offering.



	For the Three Months Ended September 30, 2026
(Dollars in thousands)	Unrealized gain (loss) on available-for-sale securities		Cash flow hedges		Accumulated other comprehensive income
Balance at June 30, 2026	$	(649)	$	4,563	$	3,914
Other comprehensive income/(loss)	589		(3,057)		(2,468)
Balance at September 30, 2026	$	(60)	$	1,506	$	1,446



	For the Three Months Ended September 30, 2025
(Dollars in thousands)	Unrealized gain (loss) on available-for-sale securities		Cash flow hedges		Accumulated other comprehensive income
Balance at June 30, 2025	$	(780)	$	1,128	$	348
Other comprehensive income/(loss)	254		(538)		(284)
Balance at September 30, 2025	$	(526)	$	590	$	64



	For the Three Months Ended September 30, 2026						For the Three Months Ended September 30, 2025
(Dollars in thousands)	Pre-tax		Tax effect		After-tax		Pre-tax		Tax effect		After-tax
Unrealized gain/(loss) on investment securities:
Net unrealized gains/(losses) arising during the period	$	812	$	(223)	$	589	$	350	$	(96)	$	254
Reclassification adjustment for realized (gains)/losses included in net income	—		—		—		—		—		—
Net change	$	812	$	(223)	$	589	$	350	$	(96)	$	254
Cash flow hedges:
Net unrealized gains/(losses) arising during the period	$	(2,587)	$	776	$	(1,811)	$	374	$	(104)	$	270
Reclassification adjustment for realized (gains)/losses included in net income	(1,780)		534		(1,246)		(1,118)		310		(808)
Net change	(4,367)		1,310		(3,057)		(744)		206		(538)
Total other comprehensive income/(loss)	$	(3,555)	$	1,087	$	(2,468)	$	(394)	$	110	$	(284)