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STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2023

Schedule of common stock issued roll forward

​

​	​	​	​	​	​	​
​	​	Year Ended December 31,
​	​	2023	​	2022	​	2021
Common stock:	​	​	​	​	​	​
Balance, beginning of year	​	171,656,030	​	155,516,284	​	146,677,786
Shares issued for stock options exercised	​	832,993	​	2,105,237	​	3,155,170
Agent growth incentive stock compensation	​	2,219,881	​	2,571,569	​	2,037,942
Agent equity stock compensation	​	8,897,804	​	11,462,940	​	3,645,386
Balance, end of year	​	183,606,708	​	171,656,030	​	155,516,284

Schedule of Restricted stock activity

The following table illustrates the Company’s stock activity for the Agent Growth Incentive Program for stock awards where the performance metric has been achieved for the following periods:

​	​	​	​	​
​	​	​	​	Weighted Average
​	​	​	​	Grant Date
​		Shares		Fair Value
Balance, December 31, 2021	​	5,174,654	​	$ 13.92
Granted	​	3,829,990	​	15.29
Vested and issued	​	(2,542,696)	​	6.28
Forfeited	​	(762,951)	​	18.80
Balance, December 31, 2022	​	5,698,997	​	$ 17.68
Granted	​	4,642,035	​	15.04
Vested and issued	​	(2,219,881)	​	11.73
Forfeited	​	(1,245,862)	​	17.35
Balance, December 31, 2023	​	6,875,289	​	$17.80
​	​	​	​	​

Schedule of stock options fair value assumptions

​

​	​	​	​	​	​	​
​	​	2023	​	2022	​	2021
Expected term	​	5 - 6 years	​	5 - 6 years	​	5 - 6 years
Expected volatility	​	73.64% - 76.78%	​	72.84% - 76.49%	​	68.85% - 86.33%
Risk-free interest rate	​	3.28% - 4.86%	​	1.49% - 4.10%	​	0.44% - 1.33%
Dividend yield	​	0.72% - 1.64%	​	0.53% - 1.48%	​	0.00% - 0.00%
​	​	​	​	​	​	​

Schedule of stock option activity

​

​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	Weighted
​	​	​	​	​	​	​	​	Average
​	​	​	​	Weighted	​	​	​	Remaining
​	​	​	​	Average	​	​	​	Contractual Term
​		Options		Exercise Price		Intrinsic Value		(Years)
Balance December 31, 2021	​	7,038,660	​	$ 8.70	​	$ 25.45	​	6.26
Granted	​	1,234,847	​	19.25	​	-	​	9.37
Exercised	​	(2,083,016)	​	0.68	​	18.10	​	—
Forfeited	​	(415,969)	​	13.68	​	8.74	​	—
Balance at December 31, 2022	​	5,774,522	​	$ 13.56	​	$ 2.21	​	7.63
Granted	​	2,468,299	​	14.81	​	-	​	8.46
Exercised	​	(832,993)	​	5.90	​	14.97	​	—
Forfeited	​	(1,198,706)	​	17.77	​	2.27	​	—
Expired	​	(12,578)	​	35.54	​	0.29	​	—
Balance at December 31, 2023	​	6,198,544	​	$ 14.23	​	$ 3.62	​	7.29
Exercisable at December 31, 2023	​	3,623,819	​	$ 12.30	​	$ 5.31	​	6.11
Vested at December 31, 2023	​	3,623,819	​	$ 12.30	​	$ 5.31	​	6.11
​	​	​	​	​	​	​	​	​
​	​	​	​	Weighted	​	​	​	​
​	​	​	​	Average	​	​	​	​
​	​	Options		Exercise Price	​	​	​	​
Range of stock option exercise prices at December 31, 2023:	​	​	​	​	​	​	​	​
$0.01 - $10.00 (average remaining life - 6.12 years)	​	2,573,627	​	$ 8.18	​	​	​	​
$10.01 - $30.00 (average remaining life - 8.20 years)	​	3,315,284	​	$ 16.59	​	​	​	​
$30.01 - $60.00 (average remaining life - 7.42 years)	​	309,633	​	$ 39.29	​	​	​	​
​	​	​	​	​	​	​	​	​

Schedule of shares repurchased

​

​	​	​	​	​	​	​
​	​	Year Ended December 31,
​	​	2023	​	2022	​	2021
Treasury stock:	​	​	​	​	​	​
Balance, beginning of year	​	18,816,791	​	6,751,692	​	2,534,494
Repurchases of common stock	​	10,110,152	​	12,408,430	​	4,217,198
Forfeiture to treasury stock for acquisition	​	10,728	​	-	​	-
Issuance of treasury stock for acquisition	​	-	​	(343,331)	​	-
Balance, end of year	​	28,937,671	​	18,816,791	​	6,751,692

​

Agent Growth Incentive Program

Changes in the Company's stock compensation liability

The following table illustrates changes in the Company’s stock compensation liability for the periods presented:

​	​	​
​	​	Amount
Stock grant liability balance at December 31, 2021	​	$ 4,341
Stock grant liability increase year to date	​	2,056
Stock grants reclassified from liability to equity year to date	​	(2,512)
Balance, December 31, 2022	​	$ 3,885
Stock grant liability increase year to date	​	3,832
Stock grants reclassified from liability to equity year to date	​	(2,717)
Balance, December 31, 2023	​	$ 5,000

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