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Equity-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2024
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Schedule Of Number Of Awards And Weighted Average Grant Date Fair Value
The following table provides the number of stock units granted during the nine months ended September 30, along with the weighted-average grant-date fair value of each award:
 20242023
AwardsNumber of
Awards
Weighted-
Average
Grant-Date
Fair Value
Number of
Awards (2)
Weighted-
Average
Grant-Date
Fair Value
Performance stock units (1)60,765 $77.28 85,323 $53.22 
Restricted stock units75,171 $72.22 89,713 $61.21 
Deferred stock units3,340 $68.86 6,351 $54.33 
Common shares6,680 $68.86 8,468 $54.33 
(1)    The Company’s performance stock units (“PSUs”) represent shares granted for which the final number of shares earned depends on financial performance. The number of shares to be issued may vary between 0% and 200% of the number of PSUs granted depending on the relative achievement to targeted thresholds. The Company's PSUs with a financial performance condition are based on the Company’s return on invested capital (“ROIC”) over a one-year performance period.
(2)    PSUs granted in the first quarter of 2023 include 7,825 units that were forfeited in the third quarter of 2023 and 154,996 units that will be converted to shares and issued to recipients in the first quarter of 2026, representing 200.0% of the target amount granted and not subsequently forfeited, based on the Company's actual ROIC compared to ROIC target for the performance period ended December 31, 2023.
Management Stock Purchase Plan
The following table provides the number of restricted stock units credited to active participant accounts and the payments made with respect to MSPP liabilities during the nine months ended September 30,:
20242023
Restricted stock units credited 42,476 46,843 
MSPP liabilities paid (in thousands)$2,053 $2,392