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Share-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of Share-based Compensation

Share-based compensation expense was as follows (in thousands):

		For the Three Months Ended March 31,
		2024				2023
Share-based compensation expense recognized in:
Cost of products sold, excluding intangible asset amortization		$	(18	)		$	265
Research and development			401				422
Selling, general and administrative			3,090				4,154
			3,473				4,841
Tax benefit related to awards			(861	)			(1,209	)
Total expense, net of tax		$	2,612			$	3,632

Summary of Stock Option Activity

Stock option activity was as follows:

		Three Months Ended March 31, 2024
						Weighted				Weighted Average
						Average				Remaining				Aggregate
		Number of				Exercise				Contractual				Intrinsic
		Stock Options				Price				Life (Years)				Value (in Millions)
Outstanding at December 31, 2023			2,303,143			$	26.83
Granted			—				—
Exercised			(1,117	)			18.58
Forfeited			(82,798	)			26.10
Outstanding at March 31, 2024			2,219,228			$	26.87				5.5			$	—
Exercisable at March 31, 2024			1,852,652			$	26.72				5.0			$	—

Summary of Restricted Stock Unit Activity

RSU activity was as follows:

		Three Months Ended March 31, 2024
						Weighted
						Average
		Number of				Grant Date
		RSUs				Fair Value
Outstanding at December 31, 2023			1,942,210			$	15.13
Granted			738,939				17.58
Vested			(278,865	)			28.13
Forfeited			(132,728	)			14.22
Outstanding at March 31, 2024			2,269,556			$	14.38

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Tabular disclosure of share-based payment arrangement.

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-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 718
-Publisher FASB
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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.

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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.

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