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Stock-Based Compensation
 6 Months Ended
Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Stock-based Compensation Stock-Based Compensation
The following table sets forth share-based award expense activity for the three and six months ended June 30, 2022 and 2021, which is included as a component of selling, general and administrative expenses and expenses in the homebuilding and financial services sections, respectively, of our consolidated statements of operations and comprehensive income:
Three Months Ended
June 30,		Six Months Ended
June 30,
2022202120222021
(Dollars in thousands)
Stock option grants expense$593 $725 $1,180 $1,589 
Restricted stock awards expense2,041 1,452 4,628 3,921 
Performance share units expense7,277 6,842 18,985 13,435 
Total stock-based compensation$9,911 $9,019 $24,793 $18,945 
Additional detail on the performance share units ("PSUs") expense is included below:
2018 PSU Grants. The 2018 PSU awards vested on April 29, 2021. For the three and six months ended June 30, 2021, the Company recorded share-based award expense of $1.3 million related to these awards.
2019 PSU Grants. The 2019 PSU awards vested on February 3, 2022. For the three and six months ended June 30, 2021, the Company recorded share-based award expense of $1.8 million and $3.7 million, respectively, related to these awards.
2020 PSU Grants. As of June 30, 2022, the Company recorded the required share-based award expense related to the awards of $2.5 million and $4.9 million for the three and six months ended June 30, 2022, based on its assessment of the probability for achievement of the performance targets. For the three and six months ended June 30, 2021, the Company recorded share-based award expense of $5.0 million and $8.5 million, respectively, related to these awards.
2021 PSU Grants. As of June 30, 2022, the Company recorded the required share-based award expense related to the awards of $4.8 million and $14.1 million for the three and six months ended June 30, 2022, based on its assessment of the probability for achievement of the performance targets.