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Stock-based Compensation (Tables)
6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity Stock option activity from January 1, 2025 to June 30, 2025 follows:
Underlying
Shares
Weighted
Average
Exercise Price
Per Share
Outstanding at January 1, 2025
1,794,005$22.26 
Exercised$— 
Expired(616,800)$20.33 
Outstanding at June 30, 2025
1,177,205$23.27 
Exercisable at June 30, 2025
1,177,205$23.27 
Schedule of Restricted Stock Unit Activity Share-settled restricted stock unit activity from January 1, 2025 to June 30, 2025 follows:
Time
Based
Performance
Based
Weighted
Average Grant
Date Fair Value
Per Share
Non-vested restricted stock units outstanding at January 1, 2025
5,427,657452,514$11.34 
Granted4,429,947$6.04 
Vested(2,759,605)$11.43 
Forfeited(113,246)(1,489)$10.32 
Non-vested restricted stock units outstanding at June 30, 2025
6,984,753451,025$8.17 
A portion of the annual restricted stock unit awards granted in 2025 are cash-settled. Cash-settled restricted stock unit activity from January 1, 2025 to June 30, 2025 follows:
Time Based
Non-vested cash-settled restricted stock units outstanding at January 1, 2025
13,134
Granted619,417
Vested(4,376)
Forfeited
Non-vested cash-settled restricted stock units outstanding at June 30, 2025
628,175
Schedule of Performance Units
Performance Units activity from January 1, 2025 to June 30, 2025 follows:
Performance Units
Share-Settled
(at target)
Weighted
Average Grant
Date Fair Value
Per Share
Performance
Units
Cash-Settled
(at target)
Non-vested outstanding at January 1, 2025
1,869,400$15.62 
Granted743,800$5.86 743,800
Performance units settled (1)
(398,500)$25.95 
Forfeited$— 
Non-vested outstanding at June 30, 2025
2,214,700$10.49 743,800
(1)Share-settled Performance Units granted in 2022 reached the end of their performance period during the six months ended June 30, 2025, and no shares were issued to settle such Performance Units.
Schedule of Stock-Based Compensation Expense The following table presents stock-based compensation expense for the three and six months ended June 30, 2025 and 2024:
Three Months Ended June 30,Six Months Ended June 30,
Share-settled awards2025202420252024
Restricted stock units$7,512 $8,681 $17,398 $18,624 
Performance units – TSR1,568 2,131 3,971 4,240 
Performance units – FCF498 — 498 — 
Total share-settled awards9,578 10,812 21,867 22,864 
Cash-settled awards
Cash-settled restricted stock units204 (130)212 1,110 
Cash-settled performance units377 — 377 — 
Total cash-settled awards581 (130)589 1,110 
Stock-based compensation expense$10,159 $10,682 $22,456 $23,974