XML 46 R36.htm IDEA: XBRL DOCUMENT
v3.22.1

Share-based Compensation (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2022
Share-based Payment Arrangement [Abstract] |
Schedule of Share-based Payment Award Valuation Assumptions | The following weighted average assumptions were used to estimate the fair value of the options granted during the three months ended March 31, 2022 and March 31, 2021:
|  | 2022 |  | 2021
Annualized volatility |  | 70 | % |  | 66 | %
Risk-free interest rate |  | 1.73 | % |  | 0.28 | %
Expected life of options in years |  | 5.0 years |  | 4.0 years
Estimated forfeiture rate |  | 11.6 | % |  | 8.9 | %
Dividend rate |  | 0.0 | % |  | 0.0%
Fair value per common share option |  | $ | 7.02 |  |  | $ | 6.72 |
Schedule of Option Activity | The following table summarizes the option award activity during the three months ended March 31, 2022:
|  | March 31, 2022
|  | Number of shares (in thousands) |  | Weighted average exercise price $
Outstanding - Beginning of Period |  | 12,074 |  |  | 12.84 |
Granted |  | 2,800 |  |  | 12.00 |
Exercised |  | (54) |  |  | 7.57 |
Forfeited |  | (171) |  |  | 16.27 |
Outstanding - End of Period |  | 14,649 |  |  | 12.66 |
Schedule of Performance Shares Activity | The following table summarizes the PAs and RSU activity for the three months ended March 31, 2022:
|  | March 31, 2022
|  | Number of shares (in thousands) |  | Weighted average exercise price $
Outstanding - Beginning of Period |  | 347 |  |  | 13.33 |
Granted |  | 1,708 |  |  | 12.01 |
Vested |  | (88) |  |  | 13.56 |
Forfeited |  | (15) |  |  | 13.85 |
Outstanding - End of Period |  | 1,952 |  |  | 12.16 |
Allocation of Share-Based Payments | The Company recognized share-based compensation expense for the three months ended March 31, 2022 and March 31, 2021 as follows:
(in thousands) |  | 2022 |  | 2021 |  |  |  |
Research and development |  | $ | 976 |  |  | $ | 1,074 |  |  |  |  |
Selling, general and administrative |  | 5,972 |  |  | 6,641 |  |  |  |  |
Capitalized under inventories |  | 75 |  |  | 106 |  |  |  |  |
Share-based compensation expense |  | $ | 7,023 |  |  | $ | 7,821 |  |  |  |  |

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

X
- Definition Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit. + 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 (h)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of number and weighted-average grant date fair value for nonvested performance shares. + 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 (c) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ShareBasedCompensationPerformanceSharesAwardUnvestedActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration