Annual report pursuant to Section 13 and 15(d)

Stock-Based Compensation (Tables)

v3.24.0.1
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Compensation Activity
The following table presents a summary of the Company’s nonvested PSUs and RSUs as of December 31, 2023 and 2022 and changes during the years then ended:

Year Ended December 31,
2023 2022
Awards Weighted Average Grant Date Fair Value Awards Weighted Average Grant Date Fair Value
(in thousands, except fair value amounts)
Nonvested, beginning of the year 1,625  $ 8.82  768  $ 9.43 
Granted 298  8.28  1,135  8.48 
Vested (375) 8.68  (278) 9.19 
Forfeited (60) 9.02  —  — 
Nonvested, end of the year 1,488  $ 8.74  1,625  $ 8.82 
Schedule of Stock Option Activity
The following table presents a summary of the Company’s stock options activity for the year ended December 31, 2023:

Number of Shares Weighted Average Exercise Price per Share Weighted Average Remaining Contractual Term Aggregate Intrinsic Value
(in thousands) (in years) (in thousands)
Options outstanding at December 31, 2022
684  $ 8.82 
Granted 228  6.46 
Exercised (4) 8.83 
Forfeited (222) 8.68 
Expired (2) 8.83 
Options outstanding at December 31, 2023
684  $ 8.08  8.45 $ 3,462 
Options exercisable at December 31, 2023
316  $ 8.82  8.05 $ 1,364 
Share-based Payment Arrangement, Performance Shares, Activity
The following table presents a summary of the Company’s outstanding RSUs and PSUs, assuming the current estimated level of performance achievement:

December 31, 2023
(in thousands, except period)
Unvested units 1,488 
Remaining cost on unvested units $ 2,017 
Remaining vesting period 3.00 years