Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.23.2
Stock-Based Compensation (Tables)
 6 Months Ended
Jun. 30, 2023
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, 2023:
Awards Weighted Average Grant Date Fair Value
(in thousands)
Nonvested, at December 31, 2022
 1,625  $ 8.82 
Granted 238  7.95 
Vested (375) 8.68 
Forfeited —  — 
Nonvested, at June 30, 2023
 1,488  $ 8.72 
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, 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 —  — 
Forfeited (199) 8.74 
Options outstanding at June 30, 2023
 713  $ 8.09  8.97 $ 892 
Options exercisable at June 30, 2023
 167  $ 8.82  8.51 $ 87 
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 (in thousands, except years):
June 30, 2023
(in thousands, except period)
Unvested units 1,488 
Remaining cost on unvested units $ 3,205 
Remaining vesting period 3.50 years