XML 300 R137.htm IDEA: XBRL DOCUMENT v3.22.1
SHARE CAPITAL AND SHARE BASED COMPENSATION - Share Options (Details) - USD ($)
$ / shares in Units, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Share options:      
Options outstanding, granted in period (in shares) 750,000 0  
Options, outstanding (in shares) 1,505,000 1,841,000  
Weighted average assumptions used:      
Expected dividend yield (in percent) 0.00%    
Outstanding:      
Options outstanding, beginning of year (in shares) 1,841,000    
Options outstanding, granted in period (in shares) 750,000 0  
Options outstanding, forfeitures in period (in shares) (205,000)    
Options outstanding, lapsed in period (in shares) (881,000)    
Option outstanding, end of year (in shares) 1,505,000 1,841,000  
Weighted average exercise price:      
Weighted average exercise price, options, outstanding, beginning of year (USD per share) $ 24.62    
Weighted average exercise price, options, grants in period (USD per share) 10.97    
Weighted average exercise price, options, forfeitures in period (USD per share) 23.46    
Weighted average exercise price, options, lapsed in period (USD per share) 25.19    
Weighted average exercise price, options, outstanding, end of year (USD per share) $ 17.65 $ 24.62  
Weighted average remaining contractual term, options, outstanding (in years) 1 year 7 months 6 days 1 year 2 months 12 days  
Options exercisable, outstanding (in shares) 755,000 1,717,000 2,221,000
Options exercisable, weighted average exercise price (USD per share) $ 24.28 $ 24.46 $ 30.74
Options exercisable, weighted average remaining contractual term (in years) 9 months 18 days 1 year 2 months 12 days 1 year 8 months 12 days
Intrinsic value of share options outstanding and exercisable $ 0 $ 0 $ 0
Total fair value of share options fully vested in the year 1,595 3,175 8,967
Compensation cost recognized in the consolidated statement of income 1,434 2,274 7,148
Share options cost capitalized $ 16 $ 110 $ 608
LTIP      
Share options:      
Vesting term 2 years    
Term 3 years    
Golar Scheme      
Share options:      
Options, outstanding (in shares) 1,500,000 1,800,000 2,700,000
Outstanding:      
Options outstanding, beginning of year (in shares) 1,800,000 2,700,000  
Option outstanding, end of year (in shares) 1,500,000 1,800,000 2,700,000
Employee Stock Options      
Weighted average assumptions used:      
Risk free interest rate (in percent) 0.20%    
Expected volatility of common stock (in percent) 85.00%    
Expected dividend yield (in percent) 0.00%    
Expected term of options (in years) 2 years 3 months 18 days    
Weighted average exercise price:      
Total unrecognized compensation cost $ 1,800    
Weighted average period of recognition for unrecognized compensation cost (in years) 1 year 4 months 24 days    
Employee Stock Options | LTIP      
Share options:      
Number of shares authorized for grant (in shares) 3,000,000