v3.24.2.u1
Stock-Based Compensation (Tables)
 6 Months Ended
Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Stock-Based Compensation Expense and Related Tax Benefit
Total stock-based compensation expense and the related tax benefit were as follows:
Three Months Ended June 30,Six Months Ended June 30,
In thousands2024202320242023
Stock options$— $20 $— $80 
Restricted stock units10,080 6,516 21,173 13,099 
Unrestricted stock awards336 239 672 515 
Phantom stock units1,312 1,147 2,761 1,924 
Total stock-based compensation$11,728 $7,922 $24,606 $15,618 
Related tax benefit$2,551 $1,670 $5,350 $3,373 
Employee Stock Options Activity
A summary of our stock option activity is as follows:
SharesWeighted
Average Exercise
Price per Share		Weighted Average
Remaining
Contractual Life		Aggregate
Intrinsic Value		Weighted
Average Grant
Date Fair Value
In thousandsYearsIn thousands
Outstanding, January 1, 2023381 $60.63 4.8$1,892 
Granted— — $— 
Exercised(5)55.49 73 
Forfeited— — 
Canceled— — 
Outstanding, June 30, 2023376 $60.70 4.4$5,494 
Outstanding, January 1, 2024363 $61.36 4.0$5,886 
Granted— — $— 
Exercised(19)44.74 779 
Forfeited— — 
Canceled— — 
Outstanding, June 30, 2024344 $62.27 3.5$12,626 
Exercisable, June 30, 2024
344 $62.27 3.5$12,626 
Restricted Stock Units Award Activity
The following table summarizes restricted stock unit activity:
In thousands, except fair valueNumber of
Restricted Stock Units		Weighted
Average Grant
Date Fair Value		Aggregate
Intrinsic Value
Outstanding, January 1, 2023528 
Granted442 $56.37 
Released (1)
(222)$1,236 
Forfeited(19)
Outstanding, June 30, 2023729 
Outstanding, January 1, 2024751 $58.89 
Granted410 75.89 
Released (1)
(360)63.22 $28,739 
Forfeited(10)60.84 
Outstanding, June 30, 2024791 66.31 
Vested but not released, June 30, 202417 $1,669 

(1) Shares released is presented as gross shares and does not reflect shares withheld by us for employee payroll tax obligations.
Restricted Stock Units, Valuation Assumptions
The weighted average assumptions used to estimate the fair value of performance-based restricted stock units granted with a service and market condition and the resulting weighted average fair value are as follows:
Six Months Ended June 30,
20242023
Expected volatility45.7 %50.0 %
Risk-free interest rate4.4 %4.6 %
Expected term (years)2.92.2
Weighted average fair value$83.26 $59.52