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Employee Stock Purchase and Stock Incentive Plans (Tables)
6 Months Ended
Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Issuance Activity Under Employee Stock Purchase Plan
The following table summarizes the stock issuance activity under the ESPP for the six months ended June 30, 2024 (in thousands, except share data):
June 30, 2024
Total purchase price paid by employees for shares sold$932 
Number of shares sold32,346
Summary of Status of Stock Options Exercised, Including Substantive Options and Information about Options Outstanding and Exercisable
A summary of the status of stock options exercised, including the substantive options discussed in Note 3, is as follows:
Number of
shares
Weighted
Average
Exercise
Price
Outstanding at December 31, 20235,133$6.02 
Granted– 
Exercised(2,508)5.99 
Expired or cancelled– 
Outstanding at June 30, 20242,625$6.05 
The following summarizes information about options outstanding and exercisable at December 31, 2023 and June 30, 2024:
Options Outstanding and Exercisable
Exercise
Price
Total
Outstanding
Weighted
Average
Remaining
Life (Years)
Weighted
Average
Exercise
Price
Total
Exercisable
December 31, 2023$6.28 5,1335.0$6.02 5,133
June 30, 2024$6.28 2,6255.0$6.05 2,625
Summary of Activity of Restricted Shares Subject to Forfeiture
The following table summarizes the activity of restricted shares subject to forfeiture:
Number of
shares
Weighted
Average
Grant Price
Outstanding at January 1, 20241,719,61918.78 
Granted278,21732.22 
Vested(816,700)17.24 
Cancelled(27,206)19.36 
Outstanding at June 30, 20241,153,93023.15 
Summary of Activity of Performance Stock Units Subject to Forfeiture
The following table summarizes the activity of performance stock units subject to forfeiture:
Number of
shares
Weighted
Average
Grant Price
Outstanding at January 1, 2024693,13916.49 
Granted137,42125.52 
Vested(260,842)13.81 
Cancelled– 
Outstanding at June 30, 2024569,71819.90 
Summary of Future Expense of Unvested Awards
The future expense of the unvested awards for the remainder of 2024 and succeeding years is as follows (in thousands):
2024$7,854 
202511,699 
20263,647 
2027157 
2028 and thereafter
Total$23,363