Annual report [Section 13 and 15(d), not S-K Item 405]

Stock-Based Compensation Plans (Tables)

v3.25.0.1
Stock-Based Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Outstanding Awards Under 2013 Omnibus Equity Incentive Plan
Activity under the Amended 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 $ 36.32 
Granted 1,094,507 $ 45.41 
Vested (306,276) $ 35.49 
Forfeited/canceled (27,706) $ 39.11 
Nonvested shares at December 31, 2022⁽¹⁾ 1,741,461 $ 42.14 
Granted 734,388 $ 35.20 
Vested (465,480) $ 40.87 
Forfeited/canceled (10,624) $ 40.96 
Nonvested shares at December 31, 2023⁽¹⁾ 1,999,745 $ 39.90 
Granted(2)
607,597 $ 36.04 
Vested (574,598) $ 39.37 
Forfeited/canceled(3)
(46,737) $ 39.73 
Nonvested shares at December 31, 2024⁽¹⁾ 1,986,007 $ 38.74 
(1)Nonvested RSUs will be settled through the issuance of new shares of common stock.
(2)On May 2, 2024, stockholders of the Company approved the Amended Plan. On that same date, previously approved RSU awards covering 547,424 shares were granted when the Amended Plan became effective.
(3)Forfeited/canceled shares resulted in $22,000 of dividend equivalents forfeited in 2024.
Stock-Based Compensation Expense
Components of stock-based compensation are included in selling, general and administrative expense in the consolidated statements of operations and consisted of the following (in thousands):
Years Ended December 31,
2024 2023 2022
ESPP $ 226  $ 146  $ 150 
RSUs and RSAs 23,566  24,000  17,162 
$ 23,792  $ 24,146  $ 17,312