Quarterly report pursuant to Section 13 or 15(d)

Share-Based Compensation (Tables)

v3.25.0.1
Share-Based Compensation (Tables)
 3 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-Based Compensation Expense
The following table summarizes the components of share-based compensation expense included in general and administrative expenses and acquisition-related expenses in the Consolidated Statements of Comprehensive Income (Loss) during the three months ended December 31, 2024 and 2023 (unaudited, in thousands):
For the Three Months Ended December 31,
2024 2023
Equity classified awards $ 13,674  $ 2,783 
Liability classified awards 729  106 
Employee stock purchase plan 322  157 
Total share-based compensation expense $ 14,725  $ 3,046 
Schedule of Nonvested Restricted Stock Units Activity A summary of the changes in the Company’s restricted stock is as follows (in thousands, except share data):
For the Three Months Ended December 31,
2024 2023
RSUs Weighted Average Grant Date Fair Value Per RSU RSUs Weighted Average Grant Date Fair Value Per RSU
Unvested shares, beginning balance 509,171 31.59 824,280 28.41
Shares awarded 196,793 80.21 80,113 43.68
Shares vested (16,793) 95.90 (12,302) 43.75
Shares forfeited (1,635) 30.78 (524) 30.49
Unvested shares, ending balance 687,536 43.95 891,567 29.55
Aggregate grant date fair value of shares awarded $ 15,785  $ 3,500 
Compensation expense recorded upon vesting of awards $ 3,256  $ 2,406 
Unrecognized compensation expense at fiscal year-end $ 19,146  $ 10,859 
Weighted average recognition period remaining, in years 4.0 2.8
Schedule of Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Expected to Vest
The restricted shares granted under the Equity Incentive Plan will vest, as applicable, as follows:
Fiscal Year Number of Shares
2025 367,914 
2026 85,867 
2027 23,755 
2028 105,000 
2029 105,000 
Total 687,536