Quarterly report [Sections 13 or 15(d)]

STOCK BASED AND DEFERRED COMPENSATION (Tables)

v3.26.1
STOCK BASED AND DEFERRED COMPENSATION (Tables)
 3 Months Ended
Mar. 31, 2026
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 March 31,
  2026 2025
Stock-based compensation expense $ 5,860  $ 6,325 
Non-vested shares granted 287,388  320,213 
Performance-based non-vested shares granted 94,683  82,907 
Performance-based shares issued in excess of target shares granted (1)
21,892  20,556 
Restricted stock awards vested (includes performance-based awards) 327,438  493,050 
(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
  March 31, 2026 December 31, 2025
Unrecognized stock-based compensation cost $ 44,160  $ 30,419 
Weighted average years expense recognition period 2.27 1.97
Total equity awards outstanding (1)
1,014,616  1,004,268 
(1)Includes unvested restricted stock units and performance-based awards (assuming 100%/target payout).