Quarterly report [Sections 13 or 15(d)]

STOCK BASED AND DEFERRED COMPENSATION (Tables)

v3.26.3
STOCK BASED AND DEFERRED COMPENSATION (Tables)
 9 Months Ended
Sep. 30, 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 September 30, Nine Months Ended September 30,
2026 2025 2026 2025
Stock-based compensation expense $ 5,106  $ 4,858  $ 16,788  $ 14,780 
Non-vested shares granted 1,347  1,000  288,735  321,213 
Performance-based non-vested shares granted —  —  94,683  82,907 
Performance-based shares issued in excess of target shares granted (1)
—  1,979  21,892  22,535 
Restricted stock awards vested (includes performance-based awards) 6,260  20,600  333,698  513,650 
(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 prior fiscal year performance periods.
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, 2026 December 31, 2025
Unrecognized stock-based compensation cost $ 35,449  $ 30,419 
Weighted average years expense recognition period 1.98 1.97
Total equity awards outstanding (1)
984,158  1,004,268 
(1)Includes unvested restricted stock units and performance-based awards (assuming 100%/target payout).