XML 33 R20.htm IDEA: XBRL DOCUMENT
v3.22.4

SHARE-BASED COMPENSATION | 12 Months Ended
--- | ---
Dec. 31, 2022
SHARE-BASED COMPENSATION |
SHARE-BASED COMPENSATION | ​ ​ NOTE L – SHARE-BASED COMPENSATION ​ Stock Awards ​ The Company had outstanding RSUs granted under the ArcBest Corporation Ownership Incentive Plan (the “Ownership Incentive Plan”) as of December 31, 2022 and 2021. The Ownership Incentive Plan provides for the granting of 4.9 million shares, which may be awarded as incentive and nonqualified stock options, stock appreciation rights, restricted stock, RSUs, or performance award units. ​ Restricted Stock Units ​ A summary of the Company’s RSU award program is presented below: ​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Weighted-Average | ​
​ |  | ​ | ​ | Grant Date | ​
​ | ​ | Units | ​ | Fair Value |
Outstanding – January 1, 2022 | ​ | 1,482,399 | ​ | $ | 29.25 | ​
Granted | ​ | 164,739 | ​ | $ | 78.57 | ​
Vested | ​ | (601,441) | ​ | $ | 26.08 | ​
Forfeited(1) | ​ | (22,446) | ​ | $ | 39.74 | ​
Outstanding – December 31, 2022 | ​ | 1,023,251 | ​ | $ | 38.83 | ​
(1) | Forfeitures are recognized as they occur.
​ The Compensation Committee of the Company’s Board of Directors granted RSUs during the years ended December 31 as follows: ​ k
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Weighted-Average |
​ | ​ | ​ | ​ | Grant Date |
​ |  | Units |  | Fair Value |
2022 |  | 164,739 | ​ | $ | 78.57 | ​
2021 |  | 136,295 | ​ | $ | 86.96 | ​
2020 |  | 579,660 | ​ | $ | 19.22 | ​
​ The fair value of restricted stock awards that vested in 2022, 2021, and 2020 was $48.1 million, $36.4 million, and $7.8 million, respectively. Unrecognized compensation cost related to restricted stock awards outstanding as of December 31, 2022 was $16.2 million, which is expected to be recognized over a weighted-average period of approximately 1.2 years.

X
- Definition The entire disclosure for share-based payment arrangement. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI https://asc.fasb.org/topic&trid=2228938 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (l) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a)(1) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)(i) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration