v3.26.1
Stock-Based Compensation
3 Months Ended
Mar. 31, 2026
Compensation Related Costs [Abstract]  
Stock-Based Compensation Stock-Based Compensation
The Company has long-term incentive plans under which stock-based compensation awards are granted to employees and directors by the Company’s board of directors or its designated committee. Grants are subject to vesting requirements and may include, among other things, nonqualified stock options, stock appreciation rights, restricted stock units (“RSUs”), restricted stock and performance units, or any combination thereof.
The table below summarizes the Company’s stock-based compensation expense:
 Three Months Ended March 31,
(in thousands)20262025
Stock-settled awards:
RSUs$12,205 $10,359 
Cash-settled units5,294 2,391 
Total$17,499 $12,750 
 
(in thousands except period data)March 31, 2026
Unrecognized compensation expense related to unvested stock-settled awards$32,878 
Weighted average period over which stock-settled awards expense is expected to be recognized, in years2.2
Unrecognized compensation expense related to cash-settled units$37,330 
Weighted average period over which cash-settled units expense is expected to be recognized, in years2.3