Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2022

Share-Based Payment Arrangement [Abstract]

Summary of Compensation Expense

The following table summarizes the compensation expense included in selling, general and administrative expenses in the Condensed Consolidated Statements of Earnings related to stock-based compensation plans:

	Three months ended				Nine months ended
	September 30,		September 30,		September 30,		September 30,
	2022		2021		2022		2021
Service-based RSUs	$	766	$	588	$	2,134	$	2,013
Performance and Market-based RSUs		1,338		383		3,379		1,942
Cash-settled RSUs		137		16		294		151
Total	$	2,241	$	987	$	5,807	$	4,106
Income tax benefit		515		227		1,336		945
Net expense	$	1,726	$	760	$	4,471	$	3,161

Summary of Unrecognized Compensation Expense related to Non-Vested RSUs

The following table summarizes the unrecognized compensation expense related to non-vested RSUs by type and the weighted-average period in which the expense is to be recognized:

	Unrecognized
	Compensation		Weighted-
	Expense at		Average
	September 30, 2022		Period (years)
Service-based RSUs	$	2,013		1.41
Performance and Market-based RSUs		5,282		1.82
Total	$	7,295		1.70

Summary of Status of Plans

The following table summarizes the status of these plans as of September 30, 2022:

	2018 Plan		2014 Plan		2009 Plan		2004 Plan		Directors' Plan
Awards originally available		2,500,000		1,500,000		3,400,000		6,500,000	N/A
Maximum potential awards outstanding		718,268		35,100		30,000		14,545		4,722
RSUs and cash-settled awards vested and released		249,742		—		—		—		—
Awards available for grant		1,531,990		—		—		—		—

Summary of Service-Based Restricted Stock Units

The following table summarizes the service-based RSU activity for the nine months ended September 30, 2022:

	Units			Weighted Average Grant Date Fair Value
Outstanding at December 31, 2021		283,216		$	24.91
Granted		70,124			33.71
Vested and released		(77,945	)		26.71
Forfeited		(7,838	)		30.35
Outstanding at September 30, 2022		267,557		$	26.54
Releasable at September 30, 2022		117,467		$	18.29

Summary of Performance and Market Based RSUs

The following table summarizes the performance and market-based RSU activity for the nine months ended September 30, 2022:

	Units			Weighted Average Grant Date Fair Value
Outstanding at December 31, 2021		237,767		$	31.35
Granted		83,602			37.08
Attained by performance		5,136			29.50
Released		(51,848	)		30.64
Forfeited		(15,601	)		31.83
Outstanding at September 30, 2022		259,056		$	33.26
Releasable at September 30, 2022		—		$	—