v3.26.3
Stock-Based Compensation (Tables)
 9 Months Ended
Sep. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Nonvested Common Share and Nonvested Common Share Unit Activity
The following table summarizes nonvested common share, nonvested common share unit and DEU activity for the nine months ended September 30, 2026:
 
2026
Time and Performance-
Based Share Awards		Time-Based
Share Awards
Time and Performance-Based Share Units
Time-Based Share Units
DEUs
(Shares in thousands)Number of
Shares		Weighted
Average
Grant Date
Fair Value		Number of
Shares		Weighted
Average
Grant Date
Fair Value		Number of
Share Units		Weighted
Average
Grant Date
Fair Value		Number of
Share Units		Weighted
Average
Grant Date
Fair Value		Dividend Equivalent UnitsWeighted
Average
Grant Date
Fair Value
Outstanding at beginning of year780 $18.66 113 $53.07 103 $20.92 544 $49.96 66 $56.59 
Granted206 24.25 — — 53 24.25 197 64.93 23 61.26 
Vested(289)12.66 (60)50.49 (18)12.66 (232)46.63 (35)54.84 
Forfeited(10)12.66 — — (8)22.14 (69)52.03 (4)56.61 
Outstanding at end of period
687 $22.96 53 $56.03 130 $23.36 440 $58.10 50 $59.88 
Schedule of Portion of Nonvested Common Shares Earned based upon Achievement of Compounded Annual Book Value per share Growth The portion of these nonvested performance-based share awards that will be earned is as follows:
Relative Total Shareholder Return
vs. S&P 1500 Financial Services Index
≤25th percentile
50th percentile
≥75th percentile
Three-Year Book
Value Per Share
CAGR
11%
100%150%200%
10%75%125%175%
9%50%100%150%
7%25%75%125%
6%0%50%100%
Schedule of Compensation Expense, Net of Forfeitures, and Related Tax Effects Recognized in Connection with Nonvested shares
Compensation expense, net of forfeitures, and related tax effects recognized in connection with nonvested shares and share units was as follows:
Three Months Ended September 30,Nine Months Ended September 30,
(In thousands)2026202520262025
Compensation expense$2,881 $3,862 $13,570 $16,804 
Income tax benefit496 734 2,537 3,303