Share-Based Compensation (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Share-Based Payment Arrangement [Abstract] |
|
| Summary of Company's Stock Option Plan Activity |
The following table summarizes the stock option activity for the six months ended June 30, 2026:
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Dollars and shares in thousands, except per share amounts |
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Number of Shares |
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|
Weighted-Average Exercise Price
Per Share |
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Weighted-Average Remaining Contractual
Life (Years) |
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|
Aggregate Intrinsic Value |
|
Options outstanding at beginning of period |
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|
378 |
|
|
$ |
24.20 |
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|
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|
|
Granted |
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|
— |
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— |
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Exercised |
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(42 |
) |
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|
18.16 |
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Forfeited |
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|
— |
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— |
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Expired |
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— |
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— |
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Options outstanding at end of period |
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|
336 |
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$ |
24.97 |
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|
3.6 |
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$ |
5,446 |
|
Options exercisable at end of period |
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|
336 |
|
|
$ |
24.97 |
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|
3.6 |
|
|
$ |
5,446 |
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|
| Summary of Additional Stock Option Information |
The following table provides additional stock option information for the periods indicated:
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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Dollars in thousands, except per share amounts |
|
2026 |
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|
2025 |
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|
2026 |
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|
2025 |
|
Weighted-average grant date fair value per share |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
Intrinsic value of options exercised |
|
$ |
542 |
|
|
$ |
— |
|
|
$ |
783 |
|
|
$ |
401 |
|
Fair value of stock options that vested |
|
$ |
— |
|
|
$ |
— |
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|
$ |
— |
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|
$ |
— |
|
|
| Summary of Award Grant Fair Value Assumptions |
The following are the weighted-average assumptions for the PRSU grants for the periods indicated:
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Six Months Ended June 30, |
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2026 |
|
|
2025 |
|
Expected volatility |
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|
43.0 |
% |
|
|
42.0 |
% |
Risk-free rate |
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|
3.9 |
% |
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|
4.0 |
% |
Discount for post-vesting restrictions |
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|
9.9 |
% |
|
|
11.8 |
% |
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| Summary of PRSU Activity |
The following table summarizes PRSU activity for the six months ended June 30, 2026:
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Dollars and units in thousands, except per unit amounts |
|
Units |
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|
Weighted-Average
Grant Date
Fair Value Per Unit |
|
Non-vested units at beginning of period |
|
|
379 |
|
|
$ |
27.86 |
|
Granted |
|
|
102 |
|
|
|
30.42 |
|
Performance adjustment |
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|
— |
|
|
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— |
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Vested |
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— |
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— |
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Forfeited |
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(39 |
) |
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|
25.98 |
|
Non-vested units at end of period |
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|
442 |
|
|
$ |
28.61 |
|
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| Summary of Additional PRSU Information |
The following table provides additional PRSU information for the periods indicated:
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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Dollars in thousands, except per unit amounts |
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
Weighted-average grant date fair value per unit |
|
$ |
30.42 |
|
|
$ |
— |
|
|
$ |
30.42 |
|
|
$ |
25.90 |
|
Fair value of PRSUs that vested |
|
$ |
— |
|
|
$ |
— |
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|
$ |
— |
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|
$ |
2,237 |
|
|
| Summary of Service-based RSU Activity |
The following table summarizes service-based RSU activity for the six months ended June 30, 2026:
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Dollars and units in thousands, except per unit amounts |
|
Units |
|
|
Weighted-Average
Grant Date
Fair Value Per Unit |
|
Non-vested units at beginning of period |
|
|
51 |
|
|
$ |
29.21 |
|
Granted |
|
|
— |
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— |
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Vested |
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|
— |
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— |
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Forfeited |
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|
— |
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|
— |
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Non-vested units at end of period |
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|
51 |
|
|
$ |
29.21 |
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| Summary of Additional Service-based RSU Information |
The following table provides additional service-based RSU information for the periods indicated:
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Three Months Ended June 30, |
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|
Six Months Ended June 30, |
|
Dollars in thousands, except per unit amounts |
|
2026 |
|
|
2025 |
|
|
2026 |
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|
2025 |
|
Weighted-average grant date fair value per unit |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
29.74 |
|
Fair value of RSUs that vested |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
| Summary of RSA Activity |
The following table summarizes RSA activity for the six months ended June 30, 2026:
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Dollars and shares in thousands, except per share amounts |
|
Shares |
|
|
Weighted-Average
Grant Date
Fair Value Per Share |
|
Non-vested shares at beginning of period |
|
|
329 |
|
|
$ |
29.22 |
|
Granted |
|
|
130 |
|
|
|
34.83 |
|
Vested |
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|
(46 |
) |
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|
26.81 |
|
Forfeited |
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|
(14 |
) |
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|
29.18 |
|
Non-vested shares at end of period |
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|
399 |
|
|
$ |
31.33 |
|
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| Summary of Additional RSA Information |
The following table provides additional RSA information for the periods indicated:
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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Dollars in thousands, except per share amounts |
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
Weighted-average grant date fair value per share |
|
$ |
34.83 |
|
|
$ |
26.52 |
|
|
$ |
34.83 |
|
|
$ |
29.22 |
|
Fair value of RSAs that vested |
|
$ |
1,390 |
|
|
$ |
981 |
|
|
$ |
1,614 |
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|
$ |
999 |
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