Quarterly report [Sections 13 or 15(d)]

STOCK BASED AND DEFERRED COMPENSATION (Tables)

v3.25.3
STOCK BASED AND DEFERRED COMPENSATION (Tables)
 9 Months Ended
Sep. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Summary of Compensation Expense and Stock Award Activity Below is a summary of stock-based compensation expense and stock award activity (dollars in thousands):
  Three Months Ended September 30, Nine Months Ended September 30,
  2025 2024 2025 2024
Stock-based compensation expense $ 4,858  $ 8,473  $ 14,780  $ 19,305 
Non-vested shares granted 1,000  2,974  321,213  284,304 
Performance-based non-vested shares granted —  4,550  82,907  79,946 
Performance-based shares issued in excess of target shares granted (1)
1,979  —  22,535  31,956 
Restricted stock awards vested (includes performance-based awards) 20,600  7,216  513,650  504,452 
(1)Performance-based shares that vested and were issued as a result of performance achievement exceeding the originally established targeted number of shares related to respective performance metrics related to the prior fiscal year performance period.
Summary of Additional Information Regarding Stock Plan
The following table includes additional information regarding our stock compensation plan (dollars in thousands):
  As of
  September 30, 2025 December 31, 2024
Unrecognized stock-based compensation cost $ 35,161  $ 30,666 
Weighted average years expense recognition period 2.00 1.95
Total equity awards outstanding (1)
1,005,018  1,256,932 
(1)Includes unvested restricted stock units and performance-based awards (assuming 100%/target payout).