XML 43 R31.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Shareholders’ Equity and Stock Incentive Plans (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Share-based Payment Arrangement [Abstract] |
Summary of Stock Option Activity | The following table summarizes the Company’s stock option activity:
| Stock Options Outstanding |  | Weighted-Average Remaining Term (in years) |  | Weighted-Average Exercise Price |  | Aggregate Intrinsic Value (in thousands)
Outstanding at January 1, 2021 | 2,891,341 |  |  | 5.5 |  | $ | 11.07 |  |  |
Granted | — |  |  |  |  | $ | — |  |  |
Exercised | (749,847) |  |  |  |  | $ | 10.39 |  |  |
Cancelled | — |  |  |  |  | $ | — |  |  |
Expired | — |  |  |  |  | $ | — |  |  |
Outstanding at December 31, 2021 | 2,141,494 |  |  | 4.5 |  | $ | 11.31 |  |  | $ | 83,992 |
Exercisable at December 31, 2021 | 2,141,494 |  |  | 4.5 |  | $ | 11.31 |  |  | $ | 83,992 |
Summary of RSU Activity | The following table summarizes the Company’s RSU activity:
| RSUs
| Shares |  | Weighted- Average Grant Date Fair Value |  | Total Fair Value of Shares Vested (in thousands)
Outstanding at January 1, 2019 | 232,299 |  |  | $ | 29.10 |  |  |
Granted | 564,805 |  |  | $ | 13.88 |  |  |
Vested | (103,224) |  |  | $ | 29.61 |  |  | $ | 1,596 |
Cancelled | (32,622) |  |  | $ | 20.77 |  |  |
Outstanding at December 31, 2019 | 661,258 |  |  | $ | 16.44 |  |  |
Granted | 624,415 |  |  | $ | 9.65 |  |  |
Vested | (308,222) |  |  | $ | 16.06 |  |  | $ | 3,336 |
Cancelled | (33,494) |  |  | $ | 16.58 |  |  |
Outstanding at December 31, 2020 | 943,957 |  |  | $ | 12.06 |  |  |
Granted | 318,356 |  |  | $ | 31.46 |  |  |
Vested | (426,770) |  |  | $ | 14.20 |  |  | $ | 14,203 |
Cancelled | (20,123) |  |  | $ | 26.08 |  |  |
Outstanding at December 31, 2021 | 815,420 |  |  | $ | 18.17 |  |  |
Summary of PSU Activity | The following table summarizes the Company’s PSU activity:
|  | PSUs
|  | Shares (1) |  | Weighted- Average Grant Date Fair Value |  | Total Fair Value of Shares Vested (in thousands)
Outstanding at January 1, 2019 |  | 171,748 |  |  | $ | 28.41 |  |  |
Granted |  | 204,580 |  |  | $ | 14.13 |  |  |
Vested |  | — |  |  |  |  | $ | — |
Cancelled |  | — |  |  |  |  |
Outstanding at December 31, 2019 |  | 376,328 |  |  | $ | 20.65 |  |  |
Granted |  | 404,880 |  |  | $ | 8.86 |  |  |
Vested |  | (5,254) |  | (2) | $ | 28.72 |  |  | $ | 47 |
Cancelled |  | (32,235) |  | (2) | $ | 28.72 |  |  |
Outstanding at December 31, 2020 |  | 743,719 |  |  | $ | 13.82 |  |  |
Granted |  | 129,503 |  |  | $ | 29.00 |  |  |
Vested |  | (89,920) |  | (2)(3) | $ | 25.73 |  |  | $ | 2,608 |
Cancelled |  | (77,725) |  | (2)(3) | $ | 25.23 |  |  |
Outstanding at December 31, 2021 |  | 705,577 |  |  | $ | 13.84 |  |  |
(1)The number of shares for the PSUs listed as granted represents the “target” number of PSUs granted to each recipient eligible to vest if the Company meets its “target” performance goals for the applicable period. The actual number of PSUs eligible to vest for those PSUs will vary depending on whether or not the Company meets or exceeds the applicable threshold, target, or maximum performance goals for the PSUs, with 200% of the “target” number of PSUs eligible to vest at “maximum” performance levels. (2)During the first quarter of 2020, the Company’s financial results for the performance goals applicable to the PSUs granted in March 2018 were certified, which resulted in the reduction of the PSUs granted in 2018 to the number of PSUs eligible to vest from 108,957 to 76,722 shares (with the 32,235 share adjustment shown in the table above as “Cancelled”), 5,254 of which shares vested in March 2020 and 71,468 of which shares vested in March 2021. (3)62,791 of the 77,725 PSUs cancelled during the year ended December 31, 2021 related to PSUs granted in November 2017, for which applicable performance goals were not met. 14,934 of the 77,725 PSUs cancelled during the period related to PSUs granted in March 2019 (the “2019 PSU Awards”). The Company’s financial results for the applicable performance goals were certified in March 2021, which resulted in the reduction of the shares subject to the 2019 PSU Awards from 204,580 to 189,646. In addition, 18,452 of the shares under the 2019 PSU Awards vested during the first quarter of 2021.
Summary of Share-based Compensation Costs by Award Type | The following table summarizes share-based compensation costs by award type:
| Year Ended December 31,
(In thousands) | 2021 |  | 2020 |  | 2019
Stock options | $ | 191 |  |  | $ | 1,919 |  |  | $ | 4,850 |
RSUs | 6,867 |  |  | 5,264 |  |  | 4,284 |
PSUs | 6,786 |  |  | 2,342 |  |  | 911 |
Total share-based compensation costs | $ | 13,844 |  |  | $ | 9,525 |  |  | $ | 10,045 |

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 activity for award under share-based payment arrangement. Includes, but is not limited to, outstanding award at beginning and end of year, granted, exercised, forfeited, 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 (e) -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 (c)(2) -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 (d) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + 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)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
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 number and weighted-average grant date fair value for outstanding 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_ShareBasedCompensationPerformanceSharesAwardOutstandingActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration