Share Based Compensation (Tables)

3 Months Ended

Mar. 31, 2023

Share-based Payment Arrangement [Abstract]

Share-based Payment Arrangement, Cost by Plan

The Company recognized the following share-based compensation expense in its Condensed Consolidated Statements of Operations:

	Three Months Ended March 31,
	2023		2022
Stock options	$	431	$	267
Non-vested stock awards and restricted stock units	2,171		1,548
Director stock ownership plan	10		24
Performance stock units	915		623
Total share-based compensation expense	$	3,527	$	2,462

Schedule of Monte Carlo option pricing model and the assumptions

The grant-date fair value of the PSUs valued using a Monte Carlo simulation, which included the following assumptions set forth in the table below:

	2023 Grants
Number of PSUs granted	15,707
Risk-free interest rate	3.85%
Dividend yield	0.96%
Expected term (years)	3.0