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Incentive Stock Plans (Tables)
12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-Based Compensation Expense Stock-based compensation expense was as follows:
Year Ended December 31,
202420232022
Stock-based compensation expense(a)
$10,915 $5,754 $10,822 
(a)Included equity award expense of $7 million, $7 million and $10 million during the years ended December 31, 2024, 2023 and 2022, respectively.
Schedule of Activity for Restricted Shares Granted to Employees
The following table summarizes the details of the restricted stock and stock units granted to employees:
Year Ended December 31,
202420232022
Restricted stock and stock units granted (not in thousands)633,603 992,830 1,328,931 
Weighted average price of restricted stock or stock units granted (not in thousands)$4.11 $5.27 $5.50 
Intrinsic value of restricted stock and stock units outstanding$14,571 $7,641 $16,297 
Fair value of restricted stock and stock units vested$4,435 $4,264 $3,772 
Schedule of Restricted Stock Activity
The following table summarizes the 2024 restricted stock and stock units activity:
(not in thousands)Restricted Stock and Stock Unit AwardsWeighted Average Grant Date Fair Value
Outstanding at December 31, 2023
1,886,694 $6.01 
Granted633,603 4.11 
Forfeited(97,060)4.96 
Vested(657,018)6.75 
Outstanding at December 31, 2024
1,766,219 $5.11 
Schedule of Assumptions Used in Fair Value Calculation The following table presents weighted average assumptions used in calculating the fair value of the awards granted:
Year Ended December 31,
202420232022
Expected volatility75.7 %77.6 %75.0 %
Risk-free rate4.2 %4.1 %4.3 %
Schedule of Activity for Performance Shares Granted to Employees
The following table summarizes the details of the performance-based stock units awarded to employees:
Year Ended December 31,
202420232022
Common shares of stock reserved for performance-based stock units (not in thousands)1,164,884 611,528 2,861,963 
Weighted average fair value of performance-based stock units granted (not in thousands)$4.80 $9.09 $6.21 
Intrinsic value of outstanding performance-based stock units$12,996 $5,551 $18,786 
Schedule of Performance Share Activity
The following table summarizes the 2024 performance-based stock unit award activity:
(not in thousands)Performance-Based Stock Unit AwardsWeighted Average Grant Date Fair Value
Outstanding at December 31, 2023
1,370,601 $7.83 
Granted608,422 4.80 
Forfeited(330,156)10.86 
Vested (73,570)10.45 
Outstanding at December 31, 2024
1,575,297 $5.93