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Note 21 - Stock-based Compensation
 6 Months Ended
Jun. 30, 2024
Notes to Financial Statements  
Share-Based Payment Arrangement [Text Block]

21.

Stock-based compensation

 

The Company recognized no stock-based compensation expense attributable to the Management Incentive Plan (“MIP”) stock options during the three and six months ended June 30, 2024. The Company recognized expense of $0.2 million and $0.7 million attributable to the MIP stock options during the three and six months ended June 30, 2023. 

 

Stock-based compensation expense relating to the Long-Term Incentive Plan (“LTIP”), including restricted stock units (“RSUs”) and performance restricted stock units (“PRSUs”) for the three and six months ended June 30, 2024 was $7.2 million and $12.1 million. Stock-based compensation expense relating to LTIP RSUs and PRSUs for the three and six months ended June 30, 2023 was $5.3 million and $8.8 million.

 

During the six months ended June 30, 2024, 1,190,222 RSUs and 308,412 PRSUs were granted to employees and directors at a weighted average grant date fair value of $19.73 per RSU and $26.00 per PRSU.

 

During the three and six months ended June 30, 2024 we recognized $0.1 million and $0.3 million of compensation expense related to stock purchased under the ESPP. The Company recognized ESPP expense for the three and six months ended June 30, 2023 of $0.1 million and $0.2 million.