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SHAREHOLDERS' EQUITY AND SHARE-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Grant Fair Value of Stock Options Vested
The following table summarizes the grant date fair value of stock options that vested during the years ended December 31:
(in thousands, except per share data)20242023
Weighted average grant date fair value of stock options granted per share$— $— 
Intrinsic value of options exercised— — 
Grant date fair value of stock options that vested$98 $98 
Schedule of Activity related to Stock Options
The following table summarizes the activity related to our stock options:
 Number of optionsWeighted average exercise price
Weighted average contractual term (in years)
Aggregate intrinsic value (in thousands)
Outstanding as of December 31, 2023739,189 $27.04 4.83$— 
Granted— — 
Forfeited(58,947)88.10 
Outstanding as of December 31, 2024680,242 21.75 3.11— 
Exercisable as of December 31, 2024536,226 23.29 2.41— 
Schedule of Stock Options Outstanding and Exercisable
The following table summarizes information about stock options outstanding and exercisable as of December 31, 2024:
Options outstandingOptions exercisable
Exercise price range (1)
Number
Weighted average remaining contractual life (in years)
Weighted average exercise priceNumber
Weighted average remaining contractual life (in years)
Weighted average exercise price
$10.01 — $20.00
245,100 3.69$15.40 137,436 1.12$17.96 
$20.01 — $30.00
408,110 2.1624.81 382,758 2.1724.77 
$30.01 — $40.00
27,032 1.6533.24 16,032 1.6433.66 
680,242 536,226 
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(1) These options contain market-based and performance-based components as described above.
Schedule of Market Prices in Order for the Market-based Options
The following table summarizes the market prices necessary in order for the market-based options to begin to vest:
Market-based options
Vesting priceOrdinary performanceExtraordinary performance
$50.01 — $60.00
7,581 4,162 
$60.01 — $70.00
7,333 6,250 
$80.01 — $90.00
— 3,791 
$90.01 — $100.00
— 3,667 
Total14,914 17,870 
Weighted average share price$30.12 $24.60 
Schedule of Restricted Shares and Restricted Share Units
The following table summarizes the activity related to our restricted shares and RSUs:
 Number of restricted shares and restricted
share units
Outstanding as of December 31, 20231,262,742 
Granted1,724,910 
Issued(633,597)
Forfeited / canceled
(356,168)
Outstanding as of December 31, 20241,997,887 
Schedule of Fair Value of Performance-based Awards
The following assumptions were used to determine the fair values for the awards that include both a performance condition and a market condition for the years ended December 31:
 20242023
Risk-free interest rate (%)4.09 4.18 
Expected stock price volatility (%)66.24 62.13 
Expected dividend yield— — 
Expected life (in years)33
Fair value$— $9.63