Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.24.3
Stock-Based Compensation (Tables)
9 Months Ended
Sep. 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 nine months ended September 30, 2024:
Awards Weighted Average Grant Date Fair Value
(in thousands)
Nonvested, at December 31, 2023
1,488  $ 8.74 
Granted 526  8.64 
Vested (275) 9.33 
Forfeited (39) 9.44 
Nonvested, at September 30, 2024
1,700  $ 8.60 
Schedule of Stock Option Activity
The following table presents a summary of the Company’s stock options activity for the nine months ended September 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 (108) 8.37 
Forfeited (137) 10.13 
Options outstanding at September 30, 2024
742  $ 9.44  8.30 $ 2,175 
Options exercisable at September 30, 2024
260  $ 8.40  7.62 $ 1,024 
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:
September 30, 2024
(in thousands, except period)
Unvested units 1,700 
Remaining cost on unvested units $ 3,547 
Remaining vesting period 2.83 years