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Share-based Compensation | 9 Months Ended
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Sep. 30, 2022
Share-based Payment Arrangement [Abstract] |
Share-based Compensation | Share-based Compensation The Company grants share-based awards under the Clarivate Plc 2019 Incentive Award Plan ("the "Plan"). As of September 30, 2022, approximately 31.2 million shares of the Company’s ordinary shares were available for share-based awards. The Plan provides for the issuance of stock options, restricted stock units ("RSUs") and performance share units ("PSUs"). Share-based compensation expense is recorded to the “Cost of revenues" and “Selling, general and administrative” line items on the accompanying Condensed Consolidated Statements of Operations. Total share-based compensation expense for the three and nine months ended September 30, 2022, and 2021 comprised of the following:
| Three Months Ended September 30, 2022
| Stock Options |  | RSUs |  | PSUs |  | CPA Global Equity Plan |  | Total
Cost of revenues | $ | — |  |  | $ | 4.5 |  |  | $ | — |  |  | $ | (0.3) |  |  | $ | 4.2 |
Selling, general and administrative costs | 0.3 |  |  | 13.7 |  |  | 1.1 |  |  | 0.2 |  |  | 15.3 |
Total share-based compensation expense | $ | 0.3 |  |  | $ | 18.2 |  |  | $ | 1.1 |  |  | $ | (0.1) |  |  | $ | 19.5 |
| Nine Months Ended September 30, 2022
| Stock Options |  | RSUs |  | PSUs |  | CPA Global Equity Plan |  | Total
Cost of revenues | $ | — |  |  | $ | 21.9 |  |  | $ | 0.2 |  |  | $ | 3.3 |  |  | $ | 25.4 |
Selling, general and administrative costs | 0.3 |  |  | 42.9 |  |  | 3.0 |  |  | 6.9 |  |  | 53.1 |
Total share-based compensation expense | $ | 0.3 |  |  | $ | 64.8 |  |  | $ | 3.2 |  |  | $ | 10.2 |  |  | $ | 78.5 |
| Three Months Ended September 30, 2021
| Stock Options |  | RSUs |  | PSUs |  | CPA Global Equity Plan |  | Total
Cost of revenues | $ | — |  |  | $ | 3.9 |  |  | $ | 0.1 |  |  | $ | (0.4) |  |  | $ | 3.6 |
Selling, general and administrative costs | — |  |  | 7.0 |  |  | 1.0 |  |  | (1.0) |  |  | 7.0 |
Total share-based compensation expense | $ | — |  |  | $ | 10.9 |  |  | $ | 1.1 |  |  | $ | (1.4) |  |  | $ | 10.6 |
| Nine Months Ended September 30, 2021
| Stock Options |  | RSUs |  | PSUs |  | CPA Global Equity Plan |  | Total
Cost of revenues | $ | 0.1 |  |  | $ | 12.1 |  |  | $ | 0.4 |  |  | $ | 21.9 |  |  | $ | 34.5 |
Selling, general and administrative costs | 0.4 |  |  | 22.1 |  |  | 3.4 |  |  | 47.4 |  |  | 73.3 |
Total share-based compensation expense | $ | 0.5 |  |  | $ | 34.2 |  |  | $ | 3.8 |  |  | $ | 69.3 |  |  | $ | 107.8 |
The following table summarizes the Company’s existing share-based compensation awards program activity for the nine months ended September 30, 2022, and 2021, respectively (in millions):
| Nine Months Ended September 30, 2022 |  |  |  |
| Stock Options |  | RSUs |  | PSUs |  |  |  |
Balance at December 31, 2021 | 4.8 |  |  | 4.5 |  |  | 1.4 |  |  |  |  |
Granted | — |  |  | 9.9 |  |  | 1.2 |  |  |  |  |
Exercised/Vested | (0.3) |  |  | (2.5) |  |  | — |  |  |  |  |
Forfeited/Unexercised | (0.1) |  |  | (0.6) |  |  | (0.3) |  |  |  |  |
Balance at September 30, 2022 | 4.4 |  |  | 11.3 |  |  | 2.3 |  |  |  |  |
Total remaining unamortized compensation costs | $ | — |  |  | $ | 111.5 |  |  | $ | 7.9 |  |  |  |  |
Weighted average remaining service period | 0 years |  | 1.34 years |  | 1.66 years |  |  |  |
| Nine Months Ended September 30, 2021
| Stock Options |  | RSUs |  | PSUs
Balance at December 31, 2020 | 7.8 |  |  | 1.8 |  |  | 0.9 |
Granted | — |  |  | 2.9 |  |  | 0.5 |
Vested | (2.7) |  |  | (0.6) |  |  | — |
Forfeited | — |  |  | (0.4) |  |  | (0.1) |
Balance at September 30, 2021 | 5.1 |  |  | 3.7 |  |  | 1.3 |
Total remaining unamortized compensation costs | $ | — |  |  | $ | 50.5 |  |  | $ | 8.8 |
Weighted average remaining service period | 0 years |  | 1.20 years |  | 1.81 years

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