Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.24.2.u1
Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Compensation Expense
The following table presents a summary of the Company’s nonvested performance share units (“PSUs”) and restricted stock units (“RSUs”) for the six months ended June 30, 2024:
Awards Weighted Average Grant Date Fair Value
(in thousands)
Nonvested, at December 31, 2023
1,488  $ 8.74 
Granted 485  8.34 
Vested (274) 9.33 
Forfeited (39) 9.44 
Nonvested, at June 30, 2024
1,660  $ 8.51 
Schedule of Stock Option Activity
The following table presents a summary of the Company’s stock options activity for the six months ended June 30, 2024:
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, 2023
684  $ 8.08 
Granted 303  12.44 
Exercised (101) 8.36 
Forfeited (83) 10.00 
Options outstanding at June 30, 2024
803  $ 9.49  8.35 $ 605 
Options exercisable at June 30, 2024
286  $ 8.39  7.24 $ 228 
Schedule of Outstanding RSUs and PSUs
The following table presents a summary of the Company’s outstanding RSUs and PSUs, assuming the current estimated level of performance achievement:
June 30, 2024
(in thousands, except period)
Unvested units 1,660 
Remaining cost on unvested units $ 3,130 
Remaining vesting period 2.91 years