STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Stock Awards Activity

The following table contains information on the Company’s performance awards:

	Number of Shares	Weighted-Average Grant Date Fair Value
Nonvested as of January 1, 2023	—	$	—
Granted	62,709	$	50.40
Vested	—	$	—
Forfeited	—	$	—
Nonvested as of December 31, 2023	62,709	$	50.40

The following table contains information on the Company’s Stock Awards:

	Number of Shares	Weighted-Average Grant Date Fair Value
Nonvested as of January 1, 2023	2,208,163	$	26.76
Granted	853,499	$	24.13
Vested	(841,466)	$	25.80
Forfeited	(44,475)	$	28.34
Nonvested as of December 31, 2023	2,175,721	$	26.06

The Company’s stock-based compensation and related income tax benefit were recorded as follows:

	For the year ended December 31,
(in thousands)	2023		2022		2021
Cost of sales (excluding depreciation, depletion and amortization) (including related party)	$	3,932	$	2,853	$	4,294
Selling, general and administrative	20,508		28,554		18,246
Start-up costs	723		119		—
Advanced projects and development	73		254		391
Total stock-based compensation expense	$	25,236	$	31,780	$	22,931
Stock-based compensation capitalized to property, plant and equipment, net	$	1,868	$	1,286	$	—
Income tax benefit for stock-based compensation arrangements	$	—	$	4,256	$	3,185