XML 32 R21.htm IDEA: XBRL DOCUMENT v3.22.2
Stock-Based Compensation Plans
3 Months Ended
Mar. 31, 2022
Stock-Based Compensation Plans  
Stock-Based Compensation Plans

13. Stock-Based Compensation Plans

For the three months ended June 30, 2022 and 2021, the Company recognized stock-based compensation expense of $12.3 million and $12.0 million, respectively, resulting primarily from stock options, restricted stock units, and performance-based restricted stock units in the Condensed Consolidated Statements of Income. For the six months ended June 30, 2022 and 2021, the Company recognized stock-based compensation expense of $23.0 million and $22.8 million, respectively.

During the six months ended June 30, 2022, the Company granted 0.6 million options at a weighted-average exercise price of $18.62 and 3.4 million performance-based restricted stock units and restricted stock units at a weighted-average grant date fair value of $20.19. As of June 30, 2022, the Company had 6.4 million outstanding options at a weighted-average exercise price of $18.68, of which 3.6 million options were exercisable at a weighted-average exercise price of $19.16. The Company had 7.4 million outstanding performance-based restricted stock units (based on target performance) and restricted stock units at a weighted-average grant date fair value of $21.53 as of June 30, 2022.