XML 75 R56.htm IDEA: XBRL DOCUMENT v3.24.0.1
KAR Auction Services, Inc. Stock-Based Compensation Plans (Details) - KAR Auction Services, Inc. 2009 Omnibus Stock and Incentive Plan
$ / shares in Units, $ in Millions
 12 Months Ended
Dec. 31, 2023
USD ($)
installment
$ / shares
shares
Dec. 31, 2022
USD ($)
employee
installment
$ / shares
shares
Dec. 31, 2021
USD ($)
installment
$ / shares
shares
Stock and Stock-Based Compensation Plans      
Maximum number of shares to be issued pursuant to awards 7,300,000    
Remaining shares available 2,800,000    
PRSUs      
Stock and Stock-Based Compensation Plans      
Fair value of shares vested during period | $ $ 0.0 $ 2.1 $ 2.7
Unrecognized compensation expense related to nonvested PRSUs and/or RSUs (in dollars) | $ $ 5.3    
Weighted average term for recognizing unrecognized compensation expense 1 year 7 months 6 days    
Number of PRSUs and/or RSUs      
PRSUs and/or RSUs outstanding at the beginning of period (in shares) 1,456,736    
PRSUs and/or RSUs grants (in shares) 540,752 500,000 700,000
Vested (in shares) 0    
Forfeited (in shares) (418,893)    
PRSUs and/or RSUs outstanding at the end of period (in shares) 1,578,595 1,456,736  
Weighted Average Grant Date Fair Value      
PRSUs and/or RSUs outstanding weighted average grant date fair value | $ / shares $ 16.44 $ 18.24  
PRSUs and/or RSUs grant date fair value | $ / shares 16.09    
Forfeited (in dollars per share) | $ / shares $ 22.25    
RSUs      
Stock and Stock-Based Compensation Plans      
Fair value of shares vested during period | $ $ 8.0 $ 5.3 $ 3.8
Unrecognized compensation expense related to nonvested PRSUs and/or RSUs (in dollars) | $ $ 10.6    
Weighted average term for recognizing unrecognized compensation expense 1 year 7 months 6 days    
Number of equal annual installments | installment 3 3 3
Number of PRSUs and/or RSUs      
PRSUs and/or RSUs outstanding at the beginning of period (in shares) 1,365,882    
PRSUs and/or RSUs grants (in shares) 606,728 1,200,000 500,000
Vested (in shares) (544,191)    
Forfeited (in shares) (78,543)    
PRSUs and/or RSUs outstanding at the end of period (in shares) 1,349,876 1,365,882  
Weighted Average Grant Date Fair Value      
PRSUs and/or RSUs outstanding weighted average grant date fair value | $ / shares $ 14.27 $ 14.88  
PRSUs and/or RSUs grant date fair value | $ / shares 14.19 $ 14.82 $ 13.93
Vested (in dollars per share) | $ / shares 15.56    
Forfeited (in dollars per share) | $ / shares $ 15.23    
PRSUs - Adjusted EBITDA      
Stock and Stock-Based Compensation Plans      
PRSUs vesting period 3 years 3 years  
Number of PRSUs and/or RSUs      
Number of participants affected by modification | employee   13  
Incremental cost from modification | $   $ 0.0  
Weighted Average Grant Date Fair Value      
PRSUs and/or RSUs grant date fair value | $ / shares $ 14.25 $ 18.46  
PRSUs - Operating Adjusted EPS      
Stock and Stock-Based Compensation Plans      
PRSUs vesting period     3 years
Number of PRSUs and/or RSUs      
PRSUs and/or RSUs grants (in shares)     500,000
Weighted Average Grant Date Fair Value      
PRSUs and/or RSUs grant date fair value | $ / shares     $ 15.37
PRSUs Operational Goals      
Number of PRSUs and/or RSUs      
PRSUs and/or RSUs grants (in shares)     200,000
PRSUs - TSR PRSUs      
Stock and Stock-Based Compensation Plans      
PRSUs vesting period 3 years    
Weighted Average Grant Date Fair Value      
PRSUs and/or RSUs grant date fair value | $ / shares $ 21.62