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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2022
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Nonvested Restricted Stock Units and Changes During the Period

Nonvested restricted stock units as of March 31, 2022, and changes during the three months ended March 31, 2022 (unaudited) were as follows:

 

 

Shares

 

 

Weighted Average Grant-Date Fair Value

 

Nonvested as of December 31, 2021

 

 

355,434

 

 

$

34.40

 

Granted

 

 

133,787

 

 

 

30.82

 

Vested

 

 

(37,235

)

 

 

33.61

 

Nonvested as of March 31, 2022

 

 

451,986

 

 

$

33.41

 

Schedule of Stock-Based Compensation Expense

The Company's stock-based compensation expense related to the restricted stock units during the three months ended March 31, 2022 and 2021 (unaudited), respectively, which was included in General and administrative expenses within the Condensed Consolidated Statements of Income, was as follows:

 

 

 

Three Months Ended

 

(millions)

 

March 31, 2022

 

 

March 31, 2021

 

Stock-based compensation expense

 

$

1.3

 

 

$

0.8

 

The Company's stock-based compensation expense related to PSU’s during the three months ended March 31, 2022 and 2021 (unaudited), which is included in General and administrative expenses within the Condensed Consolidated Statements of Income, was as follows:

 

 

 

Three Months Ended

 

(millions)

 

March 31, 2022

 

 

March 31, 2021

 

Stock-based compensation expense

 

$

0.5

 

 

$

0.1

 

Summary of Nonvested PSU's and Changes During the Period

Nonvested PSU’s as of March 31, 2022, and changes during the three months ended March 31, 2022 (unaudited) were as follows:

 

 

Shares

 

 

Weighted Average Grant-Date Fair Value

 

Nonvested as of December 31, 2021

 

 

135,383

 

 

$

36.79

 

Granted

 

 

132,710

 

 

 

30.80

 

Nonvested as of March 31, 2022

 

 

268,093

 

 

$

33.83