Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.23.3
Stock-Based Compensation (Tables)
 9 Months Ended
Sep. 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 nine months ended September 30, 2023:
Awards Weighted Average Grant Date Fair Value
(in thousands)
Nonvested, at December 31, 2022
 1,625  $ 8.82 
Granted 298  8.28 
Vested (375) 8.68 
Forfeited —  — 
Nonvested, at September 30, 2023
 1,548  $ 8.75 
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, 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 (205) 8.73 
Options outstanding at September 30, 2023
 703  $ 8.09  8.75 $ 636 
Options exercisable at September 30, 2023
 163  $ 8.82  8.36 $ 28 
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):
September 30, 2023
(in thousands, except period)
Unvested units 1,548 
Remaining cost on unvested units $ 2,995 
Remaining vesting period 3.25 years