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Employment and Compensation Arrangements (Tables) | 3 Months Ended
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Mar. 31, 2021
Share-based Payment Arrangement [Abstract] |
Summary of stock option activity | The Company’s stock option activity is summarized below:
| Number of Options |  | Weighted Average Exercise Price per Share |  | Weighted-Average Remaining Contractual Life (in years) |  | Aggregate Intrinsic Value
Balance at December 31, 2020 | 7,860,618 |  |  | $ | 12.95 |  |  | 6.2 |  | $ | 131,956 |
Granted | — |  |  | — |  |  | 0 |  | — |
Expired | — |  |  | — |  |  | 0 |  | — |
Forfeited | — |  |  | — |  |  | 0 |  | — |
Exercised | (835,917) |  |  | 10.90 |  |  | 0 |  | — |
Outstanding as of March 31, 2021 | 7,024,701 |  |  | $ | 13.20 |  |  | 5.9 |  | $ | 93,429 |
Vested and exercisable at March 31, 2021 | 7,024,701 |  |  | $ | 13.20 |  |  | 5.9 |  | $ | 93,429 |
Summary of assumption used to value options granted during the period presented and their expected lives |
Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity |
| Number of Shares |  | Weighted Average Grant Date Fair Value per Share
Outstanding as of December 31, 2020 | 1,810,546 |  |  | $ | 19.30 |
Granted | 1,960,701 |  |  | 23.55 |
Vested | (15,958) |  |  | 22.63 |
Forfeited | (44,567) |  |  | 24.56 |
Outstanding as of March 31, 2021 | 3,710,722 |  |  | $ | 23.42 |
Schedule of Nonvested Performance-based Units Activity |
| Number of Shares (1) |  | Weighted Average Grant Date Fair Value per Share
Outstanding as of December 31, 2020 | 873,325 |  |  | $ | 25.16 |
Granted | 499,141 |  |  | 23.50 |
Outstanding as of March 31, 2021 | 1,372,466 |  |  | $ | 24.56 |
(1) The PSUs number of shares are at grant amount and are not reflective of the maximum shares that may ultimately be issued, if any.
Schedule Of Private Placement Warrant Activity | The following table summarizes the changes in Private Placement Warrant shares outstanding as of March 31, 2021 and March 31, 2020.
| Number of Shares |  | Weighted Average Fair Value per Share |  |
Outstanding at December 31, 2019 | 18,300,000 |  |  | $ | 6.11 |  |  |
Exercise of Private Placement Warrants | — |  |  | — |  |  |
Outstanding at March 31, 2020 | 18,300,000 |  |  | $ | 9.15 |  |  |
Outstanding at December 31, 2020 | 18,026,000 |  |  | $ | 17.35 |  |  |
Exercise of Private Placement Warrants | (212,174) |  |  | 16.93 |  |
Outstanding at March 31, 2021 | 17,813,826 |  |  | $ | 14.48 |  |  |

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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + 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 (d) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + 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 (f)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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