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Share Based Compensation (Tables)
6 Months Ended
Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Restricted Stock and Performance Stock Units Granted
A summary of restricted stock and performance stock units (“PSU”) granted pursuant to our long-term incentive plan follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
2024202320242023
Restricted stock1,00013,50081,35584,846
PSU18,82218,790
Share-Based Payment Arrangement, Option, Activity
A summary of outstanding stock option grants and related transactions follows:
Number of
Shares
Average
Exercise
Price
Weighted-
Average
Remaining
Contractual
Term (Years)
Aggregated
Intrinsic
Value
(In thousands)
Outstanding at January 1, 202411,724$11.73 
Granted— 
Exercised(5,583)8.96 
Forfeited— 
Expired— 
Outstanding at June 30, 20246,141$14.24 2.7$78 
Vested and expected to vest at June 30, 20246,141$14.24 2.7$78 
Exercisable at June 30, 20246,141$14.24 2.7$78 
Schedule of Nonvested Restricted Stock Units Activity
A summary of outstanding non-vested stock and related transactions follows:
Number
of Shares
Weighted-
Average
Grant Date
Fair Value
Outstanding at January 1, 2024269,233$22.93 
Granted100,17724.53 
Vested(92,155)20.44 
Forfeited(4,527)24.01 
Outstanding at June 30, 2024272,728$24.34 
Cash Proceeds Received and Tax Benefit from Share-Based Payment Awards
Certain information regarding options exercised during the periods follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
2024202320242023
(In thousands)(In thousands)
Intrinsic value$— $76 $91 $299 
Cash proceeds received$— $48 $— $148 
Tax benefit realized$— $16 $19 $63