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SHARE-BASED COMPENSATION PLANS (Tables) | 12 Months Ended
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Dec. 31, 2021
Share-based Payment Arrangement, Noncash Expense [Abstract] |
Share-based compensation expense | The following amounts were recognized in our consolidated statements of income (loss) for share-based compensation awards for the years ended December 31:
(in thousands) |  | 2021 |  | 2020 |  | 2019
Restricted shares and restricted stock units |  | $ | 20,407 |  |  | $ | 15,066 |  |  | $ | 13,411 |
Performance share unit awards |  | 4,338 |  |  | 2,590 |  |  | 2,907 |
Stock options |  | 4,187 |  |  | 3,689 |  |  | 2,954 |
Employee stock purchase plan |  | 545 |  |  | 479 |  |  | 430 |
Total share-based compensation expense |  | $ | 29,477 |  |  | $ | 21,824 |  |  | $ | 19,702 |
Income tax benefit |  | $ | (7,714) |  |  | $ | (5,779) |  |  | $ | (5,350) |
Weighted-average assumptions used in Black-Scholes option pricing model | The following weighted-average assumptions were used in the Black-Scholes option pricing model to determine the fair value of stock options granted:
|  | 2021 |  | 2020 |  | 2019
Risk-free interest rate |  | 0.7 | % |  | 1.3 | % |  | 2.3 | %
Dividend yield |  | 2.9 | % |  | 3.2 | % |  | 2.7 | %
Expected volatility |  | 42.0 | % |  | 25.8 | % |  | 24.5 | %
Weighted-average option life (in years) |  | 4.8 |  | 5.4 |  | 5.3
Stock options rollforward | Information regarding options issued under the current and all previous plans was as follows:
|  | Number of options (in thousands) |  | Weighted-average exercise price per option |  | Aggregate intrinsic value (in thousands) |  | Weighted-average remaining contractual term (in years)
Outstanding, December 31, 2018 |  | 1,245 |  |  | $ | 62.04 |  |  |  |  |
Granted |  | 644 |  |  | 44.72 |  |  |  |  |
Exercised |  | (21) |  |  | 32.42 |  |  |  |  |
Forfeited or expired |  | (521) |  |  | 62.75 |  |  |  |  |
Outstanding, December 31, 2019 |  | 1,347 |  |  | 53.92 |  |  |  |  |
Granted |  | 1,030 |  |  | 38.13 |  |  |  |  |
Exercised |  | (12) |  |  | 38.80 |  |  |  |  |
Forfeited or expired |  | (231) |  |  | 54.87 |  |  |  |  |
Outstanding, December 31, 2020 |  | 2,134 |  |  | 46.28 |  |  |  |  |
Granted |  | 440 |  |  | 41.50 |  |  |  |  |
Exercised |  | (31) |  |  | 27.56 |  |  |  |  |
Forfeited or expired |  | (357) |  |  | 44.87 |  |  |  |  |
Outstanding, December 31, 2021 |  | 2,186 |  |  | 45.81 |  |  | $ | 69 |  |  | 6.7
Exercisable at December 31, 2019 |  | 485 |  |  | $ | 61.44 |  |  |  |  |
Exercisable at December 31, 2020 |  | 654 |  |  | 57.68 |  |  |  |  |
Exercisable at December 31, 2021 |  | 1,015 |  |  | 51.48 |  |  | $ | 14 |  |  | 4.8
Restricted stock units rollforward | Information regarding our restricted stock units was as follows:
|  | Number of units (in thousands) |  | Weighted-average grant date fair value per unit |  | Weighted-average remaining contractual term (in years)
Outstanding at December 31, 2018 |  | 195 |  |  | $ | 45.41 |  |  |
Granted |  | 611 |  |  | 44.73 |  |  |
Vested |  | (93) |  |  | 49.31 |  |  |
Forfeited |  | (49) |  |  | 45.40 |  |  |
Outstanding at December 31, 2019 |  | 664 |  |  | 44.35 |  |  |
Granted |  | 628 |  |  | 37.25 |  |  |
Vested |  | (282) |  |  | 45.18 |  |  |
Forfeited |  | (83) |  |  | 40.44 |  |  |
Outstanding at December 31, 2020 |  | 927 |  |  | 39.68 |  |  |
Granted |  | 642 |  |  | 42.90 |  |  |
Vested |  | (425) |  |  | 40.50 |  |  |
Forfeited |  | (112) |  |  | 39.78 |  |  |
Outstanding at December 31, 2021 |  | 1,032 |  |  | 41.37 |  |  | 3.0
Restricted shares rollforward | Information regarding unvested restricted shares was as follows:
|  | Number of shares (in thousands) |  | Weighted-average grant date fair value per share
Unvested at December 31, 2018 |  | 168 |  |  | $ | 66.02 |
Vested |  | (117) |  |  | 63.15 |
Forfeited |  | (25) |  |  | 73.62 |
Unvested at December 31, 2019 |  | 26 |  |  | 71.61 |
Vested |  | (16) |  |  | 72.79 |
Forfeited |  | (2) |  |  | 61.43 |
Unvested at December 31, 2020 |  | 8 |  |  | 71.02 |
Vested |  | (8) |  |  | 71.02 |
Unvested at December 31, 2021 |  | — |  |  | — |
Weighted-average assumptions used in Monte Carlo simulation pricing model, performance share awards | The following weighted-average assumptions were used in the Monte Carlo simulation model in determining the fair value of market-based performance share units granted:
|  | 2021 |  | 2020 |  | 2019
Risk-free interest rate |  | 0.3 | % |  | 1.4 | % |  | 2.3 | %
Dividend yield |  | 4.4 | % |  | 2.4 | % |  | 3.1 | %
Expected volatility |  | 55.6 | % |  | 28.6 | % |  | 26.8 | %
Performance share awards rollforward | Information regarding unvested performance share units was as follows:
|  | Performance share units (in thousands) |  | Weighted-average grant date fair value per unit |  | Weighted-average remaining contractual term (in years)
Unvested at December 31, 2018 |  | 250 |  |  | $ | 67.54 |  |  |
Granted(1) |  | 151 |  |  | 41.79 |  |  |
Vested |  | (118) |  |  | 59.67 |  |  |
Forfeited |  | (38) |  |  | 54.42 |  |  |
Adjustment for performance results achieved(2) |  | 7 |  |  | 54.42 |  |  |
Unvested at December 31, 2019 |  | 252 |  |  | 57.64 |  |  |
Granted(1) |  | 127 |  |  | 36.06 |  |  |
Vested |  | (61) |  |  | 71.03 |  |  |
Forfeited |  | (23) |  |  | 62.18 |  |  |
Unvested at December 31, 2020 |  | 295 |  |  | 45.20 |  |  |
Granted(1) |  | 208 |  |  | 32.46 |  |  |
Forfeited |  | (68) |  |  | 67.77 |  |  |
Unvested at December 31, 2021 |  | 435 |  |  | 35.56 |  |  | 1.1
(1) Reflects awards granted assuming achievement of performance goals at target. (2) Reflects the difference between the awards earned at the end of the performance period and the target number of shares.

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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of performance share awards using market conditions, including, but not limited to: (a) expected term of award, (b) expected volatility of the entity's shares, (c) expected dividends, and (d) risk-free rate(s). + References No definition available. + Details
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- 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
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