v3.21.2

Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2021

Restricted Stock Awards

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Summary of Restricted Stock

The following table presents information about the Company’s RSAs:

		For the Three Months Ended September 30,								For the Nine Months Ended September 30,
(in thousands)		2021				2020				2021				2020
Compensation cost		$	701			$	796			$	3,124			$	796
Dividends declared on unvested RSAs			95				46				296			46
Grant date fair value of shares vested during the period			—				—				3,296				—

(in thousands, except recognition period)		September 30, 2021				December 31, 2020
Unamortized value of RSAs		$	5,508			$	5,001
Weighted average amortization period (in years)			2.6				2.8

Summary of Restricted Stock Activity

The following table presents information about the Company’s RSA activity:

		For the Three Months Ended September 30, 2021								For the Nine Months Ended September 30, 2021
(in thousands, except per share amounts)		Number of Shares				Weighted Average Grant Date Fair Value per Share				Number of Shares				Weighted Average Grant Date Fair Value per Share
Unvested at beginning of period			378			$	19.60				341			$	20.50
Granted			1				26.02				202				18.68
Vested			—				—				(164	)			20.15
Forfeited			(5	)			19.72				(5	)			19.72
Unvested at end of period			374			$	19.61				374			$	19.61

Performance-based Restricted Stock Units

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Summary of Restricted Stock

The following table presents information about the Company’s PRSUs:

		For the Three Months Ended				For the Nine Months Ended
(in thousands, except recognition period)		September 30, 2021				September 30, 2021
Compensation cost		$	223			$	520
						September 30, 2021
Unamortized value of PRSUs						$	2,154
Weighted average amortization period (in years)							2.4

Summary of Restricted Stock Activity

The following table presents information about the Company’s PRSU activity:

		For the Three Months Ended September 30, 2021								For the Nine Months Ended September 30, 2021
(in thousands, except per share amounts)		Number of Shares				Weighted Average Grant Date Fair Value per Share				Number of Shares				Weighted Average Grant Date Fair Value per Share
Unvested at beginning of period			110			$	24.40				—			$	—
Granted			—				—				132				24.40
Vested			—				—				—				—
Forfeited			—				—				(22	)			24.40
Unvested at end of period			110			$	24.40				110			$	24.40

X

- Definition

Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.

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- Definition

Tabular disclosure of cost not yet recognized and weighted-average period over which cost is expected to be recognized for nonvested award under share-based payment arrangement.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (i)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

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