Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation Plans (Tables)

v3.22.2.2
Stock-Based Compensation Plans (Tables)
 9 Months Ended
Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Outstanding Awards Under 2013 Omnibus Equity Incentive Plan
Activity under the 2013 Plan consisted of the following (dollars in thousands, except weighted average per share data):
Shares Weighted-
Average Grant
Date Fair Value
Per Share
Nonvested shares at December 31, 2021⁽¹⁾ 980,936 $ 36.58 
Granted 1,051,178 45.75 
Vested (288,954) 36.24 
Forfeited/canceled (24,137) 39.00 
Nonvested shares at September 30, 2022⁽¹⁾ 1,719,023 $ 42.21 
Unrecognized stock-based compensation expense as of September 30, 2022 $ 63,294 
Unrecognized compensation expense is expected to be recognized over a weighted-average period (years) of approximately 3.95
Weighted average remaining vesting period (years) as of September 30, 2022 3.95
(1) Nonvested RSUs will be settled through the issuance of new shares of common stock.
Stock-Based Compensation Expense
Components of stock-based compensation are included in selling, general and administrative expense in the condensed consolidated statements of net income and consisted of the following (in thousands):
Three Months Ended
September 30,		 Nine Months Ended
September 30,
2022 2021 2022 2021
ESPP $ 66  $ 33  $ 151  $ 107 
RSUs and RSAs 4,478  2,670  12,524  7,546 
$ 4,544  $ 2,703  $ 12,675  $ 7,653