XML 40 R28.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Employee Benefit Plans (Tables)
 3 Months Ended
Mar. 31, 2024
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Restricted Shares Activity And Related Information
A summary of the Company’s restricted shares activity and related information is presented below:
Three months ended March 31,
 20242023
Restricted AwardsAverage Market Price at GrantRestricted AwardsAverage Market Price at Grant
Outstanding at January 1135,558 $79.19 140,606 $73.87 
Granted23,301 99.60 17,728 95.64 
Vested(26,943)75.55 (25,451)74.57 
Outstanding at March 31131,916 $81.83 132,883 $75.48 

Information regarding stock-based compensation associated with restricted shares is provided in the following table (in thousands):
Three months ended March 31,
20242023
Stock-based compensation expense associated with restricted shares$748 $708 
At period-end:March 31, 2024
Unrecognized stock-based compensation expense associated with restricted shares$5,600 
Weighted average period (in years) in which the above amount is expected to be recognized2.96
Schedule of Net Benefit Costs
The following table presents the components of the Company's net periodic benefit cost, which is included in the line item "other expenses" in the consolidated statements of income (in thousands):
Three months ended March 31,
20242023
Components of net periodic cost:  
Interest cost$129 $137 
Expected return on plan assets(207)(210)
Net amortization and deferral93 86 
Net Periodic Pension Cost$15 $13