Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2023

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,
	2023		2022		2023		2022
Service-based RSUs	$	728	$	766	$	2,263	$	2,134
Performance-based RSUs		525		1,338		1,883		3,379
Cash-settled RSUs		152		137		495		294
Total	$	1,405	$	2,241	$	4,641	$	5,807
Income tax benefit		379		515		1,067		1,336
Net expense	$	1,026	$	1,726	$	3,574	$	4,471

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, 2023		Period (years)
Service-based RSUs	$	2,339		1.45
Performance-based RSUs		4,026		1.76
Total	$	6,365		1.65

Summary of Status of Plans

The following table summarizes the status of these plans as of September 30, 2023:

	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		785,582		35,100		30,000		14,545		4,722
RSUs and cash-settled awards vested and released		443,106		—		—		—		—
Awards available for grant		1,271,312		—		—		—		—

Summary of Service-Based Restricted Stock Units

The following table summarizes the service-based RSU activity for the nine months ended September 30, 2023:

	Units			Weighted Average Grant Date Fair Value
Outstanding at December 31, 2022		282,124		$	27.44
Granted		66,396			43.71
Vested and released		(69,515	)		32.32
Forfeited		(8,181	)		37.02
Outstanding at September 30, 2023		270,824		$	29.89
Releasable at September 30, 2023		131,867		$	20.30

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, 2023:

	Units			Weighted Average Grant Date Fair Value
Outstanding at December 31, 2022		260,306		$	33.20
Granted		71,832			43.80
Attained by performance		53,035			32.11
Released		(113,385	)		32.11
Forfeited		(12,679	)		34.96
Outstanding at September 30, 2023		259,109		$	36.30
Releasable at September 30, 2023		—		$	—