Annual report [Section 13 and 15(d), not S-K Item 405]

Equity Compensation (Tables)

v3.25.4
Equity Compensation (Tables)
12 Months Ended
Dec. 31, 2025
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Summary of Monte Carlo Simulation Assumptions

The Monte Carlo simulation assumptions used for the periods presented were as follows:

 

 

 

Year Ended December 31,

 

 

2025

Risk free interest rate

 

 

3.7

 

%

Expected volatility

 

 

85.0

 

%

Dividend yield

 

 

 

%

Expected term (in years)

 

 

3.0

 

 

Summary of Stock-Based Compensation Expense Aggregate stock-based compensation expense recognized in the consolidated statements of operations was as follows:

 

 

 

Year Ended December 31,

 

 

 

2025

 

 

2024

 

 

2023

 

Selling, general and administrative

 

$

12,908

 

 

$

15,466

 

 

$

17,997

 

Total stock-based compensation expense, before tax

 

 

12,908

 

 

 

15,466

 

 

 

17,997

 

Income tax benefit (expense)

 

 

 

 

 

 

 

 

1,049

 

Total stock-based compensation expense, after tax

 

$

12,908

 

 

$

15,466

 

 

$

16,948

 

Summary of Restricted Stock Units Activity

The following table summarizes aggregate activity for RSUs for the year ended December 31, 2025:

 

 

 

Shares

 

 

Weighted Average
Grant Date Fair
Value per Share

 

Outstanding at December 31, 2024

 

 

2,137

 

 

$

14.38

 

Issued

 

 

1,694

 

 

 

8.79

 

Vested

 

 

(928

)

 

 

14.68

 

Forfeited, expired, or canceled

 

 

(866

)

 

 

14.31

 

Outstanding at December 31, 2025

 

 

2,037

 

 

$

9.53