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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-based Payment Award, Valuation Assumptions
The following table summarizes the Company's significant assumptions used in the Monte Carlo simulation models:
Nine months ended
September 30, 2022
Volatility33.89%
Risk free interest rate0.79 %-1.76%
Dividend Yield3.24%
Schedule of Restricted Stock Unit Activity
The following table summarizes the Company's RSU activity during the nine months ended September 30, 2022:
Unvested Time-
Based RSUs
Unvested Performance
and Market-Based RSUs
Weighted-Average Grant
Date Price Per Share
Outstanding as of January 1, 2022138,235 471,368 $30.12 
Shares granted125,305 396,338 $18.91 
Shares vested(60,456)(76,520)$30.27 
Shares forfeited(7,179)(79,135)$29.07 
Outstanding as of September 30, 2022195,905 712,051 $23.72