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STOCK-BASED COMPENSATION AND EQUITY (Tables) | 6 Months Ended
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Jun. 30, 2024
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Schedule of Stock-Based Compensation Expense | The following table details total stock-based compensation expense for the three and six months ended June 30, 2024 and 2023, included in the condensed consolidated statements of operations:
| Three Months Ended June 30, |  | Six Months Ended June 30,
(In thousands) | 2024 |  | 2023 |  | 2024 |  | 2023
Costs of revenue (exclusive of amortization and depreciation) | $ | 230 |  |  | $ | 140 |  |  | $ | 266 |  |  | $ | 320 |
Other expenses | 1,271 |  |  | (263) |  |  | 2,034 |  |  | 804 |
Pre-tax stock-based compensation expense | 1,501 |  |  | (123) |  |  | 2,300 |  |  | 1,124 |
Less: income tax effect | (315) |  |  | 27 |  |  | (483) |  |  | (247) |
Net stock-based compensation expense | $ | 1,186 |  |  | $ | (96) |  |  | $ | 1,817 |  |  | $ | 877 |
Restricted Stock |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Schedule of Activity Under Restricted Stock Plans | A summary of restricted stock activity under the Plan during the six months ended June 30, 2024 and 2023 is as follows:
| Six Months Ended June 30, 2024 |  | Six Months Ended June 30, 2023 |  |
| Shares |  | Weighted-Average Grant Date Fair Value Per Share |  | Shares |  | Weighted-Average Grant Date Fair Value Per Share |  |  |  |
Unvested restricted stock outstanding at beginning of period | 343,315 |  |  | $ | 29.08 |  |  | 281,161 |  |  | $ | 32.24 |  |  |  |  |
Granted | 495,003 |  |  | 10.03 |  |  | 186,822 |  |  | 29.23 |  |  |  |  |
Vested | (151,642) |  |  | 30.95 |  |  | (139,760) |  |  | 31.33 |  |  |  |  |
Forfeited | (54,603) |  |  | 12.84 |  |  | — |  |  | — |  |  |  |  |
Unvested restricted stock outstanding at end of period | 632,073 |  |  | $ | 14.57 |  |  | 328,223 |  |  | $ | 30.92 |  |  |  |  |
Performance Shares |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Schedule of Activity Under Restricted Stock Plans | A summary of performance share award activity under the Plan during the six months ended June 30, 2024 and 2023 is as follows, based on the target award amounts set forth in the performance share award agreements:
| Six Months Ended June 30, 2024 |  | Six Months Ended June 30, 2023 |  |
| Shares |  | Weighted-Average Grant Date Fair Value Per Share |  | Shares |  | Weighted-Average Grant Date Fair Value Per Share |  |  |  |
Performance share awards outstanding at beginning of period | 273,791 |  |  | $ | 33.17 |  |  | 252,375 |  |  | $ | 31.84 |  |  |  |  |
Granted | 323,461 |  |  | 10.03 |  |  | 122,071 |  |  | 31.21 |  |  |  |  |
Forfeited or unearned | (85,149) |  |  | 37.98 |  |  | (96,069) |  |  | 26.96 |  |  |  |  |
Performance share awards outstanding at end of period | 512,103 |  |  | $ | 18.60 |  |  | 278,377 |  |  | $ | 33.25 |  |  |  |  |

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