XML 50 R30.htm IDEA: XBRL DOCUMENT v3.22.0.1
Stock Based and Other Management Compensation (Tables)
12 Months Ended
Dec. 31, 2021
Share-based Payment Arrangement [Abstract]  
Stock Options, Valuation Assumptions The weighted average assumptions used in our Black-Scholes option pricing model for options granted in 2021, 2020 and 2019 were as follows:
202120202019
Dividend yield
0.32% - 0.35%
0.44% - 3.77%
2.39% - 3.05%
Expected volatility62 %50 %50 %
Risk-free interest rate
1.1% - 1.21%
0.37% - 1.22%
1.79% - 2.63%
Expected term in years6.5 years6.5 years6.5 years
Stock Options, Activity
The following table summarizes activity related to stock options during 2021:
Number
of Options
Weighted-
Average
Exercise
Price Per Share
Aggregate Intrinsic Value (thousands)Weighted Average Remaining Term (Years)
Outstanding at December 31, 2020
1,248,935 $13.66 
Granted479,500 $11.49 
Exercised (39,700)$10.67 
Forfeited or expired(72,015)$14.02 
Outstanding at December 31, 2021
1,616,720 $13.08 $972,123 7.6 years
Vested and Expected to vest as of December 31, 20211,616,720 $13.08 $972,123 7.6 years
Exercisable at December 31, 2021
1,500,800 $12.79 $972,123 7.6 years
A summary of the status and changes of stock options and the related average price per share follows:
Number
of Options
Weighted-
Average
Grant Date Fair Value
Outstanding unvested as of December 31, 2020
906,361 $4.94 
    Granted479,500 6.50 
    Vested(1,227,592)5.38 
    Forfeited(42,349)5.09 
Outstanding unvested as of December 31, 2021
115,920 $6.64 
Schedule of Nonvested Restricted Stock Units Activity A summary of the status and changes of shares subject to RSU awards for employees and the related average price per share follows:
Number
of Shares
Weighted-
Average
Grant Date
Fair Value
Outstanding unvested as of December 31, 2020
502,770 $10.28 
    Granted515,960 11.49 
    Cancelled(16,795)10.78 
    Vested(999,239)10.88 
Outstanding unvested as of December 31, 2021
2,696 $13.96