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

Stock-Based Compensation Plans (Tables)

v3.25.4
Stock-Based Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of 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, 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 607,597 $ 36.04 
Vested (574,598) $ 39.37 
Forfeited/canceled (46,737) $ 39.73 
Nonvested shares at December 31, 2024⁽¹⁾ 1,986,007 $ 38.74 
Granted 371,652 $ 35.20 
Granted, with vesting subject to performance targets 86,148 $ 37.06 
Vested (621,826) $ 38.73 
Forfeited/canceled(2)
(68,595) $ 37.48 
Nonvested shares at December 31, 2025⁽¹⁾ 1,753,386 $ 37.92 
(1)Nonvested RSUs will be settled through the issuance of new shares of common stock.
(2)Forfeited/canceled shares resulted in $67,000 of dividend equivalents forfeited in 2025.
Schedule of 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,
2025 2024 2023
ESPP $ 255  $ 226  $ 146 
RSUs, PSUs and RSAs 23,971  23,566  24,000 
$ 24,226  $ 23,792  $ 24,146