XML 37 R26.htm IDEA: XBRL DOCUMENT v3.22.2.2
Stock-Based Compensation (Tables)
 9 Months Ended
Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Summary of Expense Related to Share-Based Payments
The following table summarizes the expense recognized within general and administrative expenses in the Unaudited Consolidated Statements of Income related to share-based payments recognized in the three and nine months ended September 30, 2022 and 2021 (in thousands):
 
 Three Months Ended
September 30,		Nine Months Ended
September 30,
 2022202120222021
Stock options$17,434 $3,792 $53,558 $13,394 
Restricted stock16,747 12,661 47,270 38,691 
Stock-based compensation$34,181 $16,453 $100,828 $52,085 
Summary of Total Unrecognized Compensation Cost Related to Stock-Based Compensation
The following table summarizes the Company’s total unrecognized compensation cost related to stock based compensation as of September 30, 2022 (cost in thousands):
Unrecognized
Compensation
Cost		Weighted Average
Period of Expense
Recognition
(in Years)
Stock options$64,530 1.90
Restricted stock61,015 0.95
Total$125,545 
Summary of Changes in Number of Shares of Common Stock Under Option The following summarizes the changes in the number of shares of common stock under option for the nine months ended September 30, 2022 (shares/options and aggregate intrinsic value in thousands):
SharesWeighted
Average
Exercise
Price		Options
Exercisable
at End of
Period		Weighted
Average
Exercise
Price of
Exercisable
Options		Weighted
Average Fair
Value of
Options
Granted 
During the Period		Aggregate
Intrinsic
Value
Outstanding at December 31, 20215,447 $176.52 3,798 $145.18 $257,707 
Granted612 226.23 $65.85 
Exercised(333)64.34 54,752 
Forfeited(51)244.77 
Outstanding at September 30, 20225,675 $187.86 4,085 $167.60 $99,121 
Expected to vest as of September 30, 20221,589 $239.94 
Summary of Changes in Number of Shares of Restricted Stock and Restricted Stock Units
The following table summarizes the changes in the number of shares of restricted stock and restricted stock units for the nine months ended September 30, 2022 (shares in thousands):
 
SharesWeighted
Average
Grant Date
Fair Value
Outstanding at December 31, 2021278 $278.57 
Granted382 229.05 
Vested(146)267.56 
Canceled or forfeited(45)322.07 
Outstanding at September 30, 2022469 $237.61