Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2024

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
	March 31,		March 31,
	2024		2023
Service-based RSUs	$	894	$	770
Performance-based RSUs		154		634
Cash-settled RSUs		173		182
Total	$	1,221	$	1,586
Income tax benefit		279		365
Net expense	$	942	$	1,221

Summary of Unrecognized Compensation Expense related to Unvested RSUs

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

	Unrecognized
	Compensation		Weighted-
	Expense at		Average
	March 31, 2024		Period (years)
Service-based RSUs	$	5,049		1.63
Performance-based RSUs		4,653		2.26
Total	$	9,702		1.93

Summary of Status of Plans

The following table summarizes the status of these plans as of March 31, 2024:

	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		720,123		35,100		30,000		14,545		4,722
RSUs and cash-settled awards vested and released		620,116		—		—		—		—
Awards available for grant		1,159,761		—		—		—		—

Summary of Service-Based Restricted Stock Units

The following table summarizes the service-based RSU activity for the three months ended March 31, 2024:

	Units			Weighted Average Grant Date Fair Value
Outstanding at December 31, 2023		280,966		$	30.36
Granted		86,240			43.19
Vested and released		(54,372	)		37.21
Forfeited		(2,648	)		41.74
Outstanding at March 31, 2024		310,186		$	32.63
Releasable at March 31, 2024		141,167		$	21.76

Summary of Performance- Based RSUs

The following table summarizes the performance-based RSU activity for the three months ended March 31, 2024:

	Units			Weighted Average Grant Date Fair Value
Outstanding at December 31, 2023		220,656		$	36.96
Granted		72,549			43.49
Attained by performance		55,272			33.37
Released		(112,907	)		33.85
Forfeited		(7,297	)		34.77
Outstanding at March 31, 2024		228,273		$	39.86
Releasable at March 31, 2024		—		$	—