XML 57 R42.htm IDEA: XBRL DOCUMENT v3.22.4
Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2022
Equity [Abstract]  
Schedule of Stock Option Activity
A summary of the Company’s stock option activity and weighted average exercise prices follows:
Stock Option Activity
Options
(In thousands)
Weighted
Average
Exercise Price
Weighted Average Remaining Contractual Term
(In years)
Aggregate Intrinsic Value (In thousands)
Balance outstanding at December 31, 20195,799 $16.57 
Granted737 31.21 
Exercised(1,683)12.69 
Cancelled or expired(521)23.27 
Balance outstanding at December 31, 20204,332 $19.78 7.04$183,825 
Options vested and expected to vest1,470 $23.88 8.44$56,382 
Options exercisable at December 31, 20202,280 $14.80 5.65$108,128 
Balance outstanding at December 31, 20204,332 $19.78 
Granted1,705 48.24 
Exercised(863)13.55 
Cancelled or expired(392)32.94 
Balance outstanding at December 31, 20214,782 $27.52 6.77$62,300 
Options vested and expected to vest1,419 $36.41 8.61$11,387 
Options exercisable at December 31, 20212,564 $17.87 5.05$46,932 
Balance outstanding at December 31, 20214,782 $27.52 
Granted993 20.34 
Exercised(264)5.07 
Cancelled or expired(1,052)41.56 
Balance outstanding at December 31, 20224,459 $24.25 6.08$1,327 
Options vested and expected to vest1,047 $29.80 8.06$242 
Options exercisable at December 31, 20222,758 $21.26 4.94$986 
Weighted Average Assumptions of Fair Value Options Using Black-Scholes Option-Pricing Model The fair value of each option grant is estimated on the date of grant using the Black-Scholes option-pricing model with the following weighted average assumptions for the periods presented:
Year Ended December 31,
202220212020
Dividend yield—%—%—%
Risk-free interest rate
1.62% – 4.20%
0.46% – 1.33%
0.26% – 0.66%
Expected life (in years)555
Historical volatility
53.87% – 64.13%
53.51% – 54.55%
46.50% – 53.91%
Schedule Restricted Stock Units Activity
A summary of the Company’s RSUs and PRSUs activity and weighted average exercise prices follows:
Restricted Stock Unit Activity
Number of Shares
(In thousands)
Weighted Average
Grant Date Fair Value
(Per Share)
Aggregate Fair Value
(In thousands)
Balance outstanding at December 31, 20193,049 $24.73 $112,848 
Awarded2,530 26.51 
Released(1,906)23.40 
Forfeited(723)25.19 
Non-vested and outstanding at December 31, 20202,950 $27.00 $183,781 
Balance outstanding at December 31, 20202,950 $27.00 $183,781 
Awarded3,066 
Released(1,596)
Forfeited(688)
Non-vested and outstanding at December 31, 20213,732 $43.63 $133,308 
Balance outstanding at December 31, 20213,732 $43.63 $133,308 
Awarded4,927 
Released(1,938)
Forfeited(1,486)
Non-vested and outstanding at December 31, 20225,235 $25.42 $53,080 
Expected to vest3,280 $25.87 $33,260