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STOCK-BASED INCENTIVE COMPENSATION (Tables)
 12 Months Ended
Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of Fair Value of Awards The assumptions used to compute the fair value of options for the years ended December 31, 2023, 2022 and 2021 are as follows:
Year Ended December 31,
202320222021
Expected volatility51.43 %51.19 %51.92 %
Risk-free interest rate4.16 %3.91 %1.40 %
Expected life of options6.2 years6.2 years6.5 years
Dividend rate— — — 
Summary of Stock Option Activity
A summary of stock option activity for the year ended December 31, 2023 is as follows:
OptionsWeighted Average Exercise PriceAggregate Intrinsic Value (thousands)Weighted Average Remaining Contractual Life
Balance at December 31, 20221,021,370 $21.63 $8,816 
Granted872,264 $28.87 $4,208 
Exercised(60,106)$18.56 $827 
Forfeited and expired(87,256)$28.13 $561 
Balance at December 31, 20231,746,272 $25.08 $15,028 8.19 years
Exercisable at December 31, 2023283,571 $17.07 $4,713 6.36 years
Summary of Outstanding Options by Exercise Price Range The following table outlines the outstanding and exercisable stock options as of December 31, 2023:
Options OutstandingOptions Exercisable
Range of Option Exercise PriceOutstanding OptionsWeighted Average Exercise PriceWeighted Average Remaining Contractual LifeOptions ExercisableWeighted Average Exercise Price
$0.00 - $8.24
9,901 $6.52 3.1 years9,901 $6.52 
$8.24 - $16.52
132,752 $12.44 5.4 years108,767 $12.24 
$16.52 - $24.76
460,969 $21.41 7.6 years159,439 $20.59 
$24.76 - $33.00
1,142,650 $28.19 8.8 years5,464 $29.51 
All options1,746,272 283,571 
Summary of Restricted Stock Award Activity
A summary of restricted stock award activity for the year ended December 31, 2023 is as follows:
Restricted StockWeighted Average Grant Date Fair Value
Balance at December 31, 20221,668,847 $22.45 
Granted 945,589 $29.02 
Vested and issued(504,597)$19.54 
Forfeited and expired(226,723)$24.86 
Balance at December 31, 20231,883,116 $26.28