XML 91 R78.htm IDEA: XBRL DOCUMENT v3.20.4
SHAREHOLDERS' EQUITY AND SHARE-BASED COMPENSATION (Details)
$ / shares in Units, $ in Thousands
1 Months Ended 12 Months Ended
Dec. 31, 2020
USD ($)
shares
May 15, 2018
$ / shares
shares
Feb. 28, 2019
shares
Apr. 30, 2018
Dec. 31, 2020
USD ($)
vote
component
$ / shares
shares
Dec. 31, 2019
USD ($)
$ / shares
shares
Dec. 31, 2018
USD ($)
employee
$ / shares
shares
Common Stock [Abstract]              
Common stock, shares authorized (in shares) 100,000,000.0       100,000,000.0 100,000,000.0  
Common stock, shares issued (in shares) 25,413,000       25,413,000 25,413,000  
Common stock, shares outstanding (in shares) 15,664,000       15,664,000 15,454,000  
Voting rights per share | vote         1    
Equity Incentive Plan [Abstract]              
Maximum number of Altisource share-based awards that can be granted under the Plan (in shares) 6,700,000       6,700,000    
Share-based awards available for future grants under the Plan (in shares) 1,000,000.0       1,000,000.0    
Share Repurchase Program [Abstract]              
Authorized amount (approximately) | $ $ 91,000       $ 91,000    
Capacity available to repurchase common stock under senior secured term loan | $ 430,000       430,000    
Share-Based Compensation [Abstract]              
Share-based compensation expense | $         7,800 $ 11,900 $ 10,200
Estimated unrecognized compensation costs | $ $ 6,600       $ 6,600    
Weighted average remaining requisite service period for stock options over which unrecognized compensation costs would be recognized         1 year 5 months 23 days    
Options outstanding (in shares) 899,914       899,914 1,468,046  
Plan modification, number of stock options affected (in shares)             263,000
Plan modification, number of employees affected | employee             16
Weighted average fair value of stock options granted and total intrinsic value of stock options exercised              
Weighted average fair value at grant date per share (in dollars per share) | $ / shares         $ 0 $ 0 $ 16.31
Intrinsic value of options exercised | $         $ 0 $ 54 $ 4,609
Grant date fair value of stock options that vested | $         $ 2,730 $ 3,053 $ 1,760
Term B Loans              
Share Repurchase Program [Abstract]              
Covenant threshold, leverage ratio 3.50     3.50 3.50    
Stock Repurchase Program, Current              
Share Repurchase Program [Abstract]              
Number of shares of common stock authorized to be purchased (in shares)   4,300,000          
Percentage of outstanding shares authorized to be repurchased   25.00%          
Minimum purchase price authorized (in dollars per share) | $ / shares   $ 1.00          
Maximum purchase price authorized (in dollars per share) | $ / shares   $ 500.00          
Stock repurchase program, period in force   5 years          
Remaining number of shares available for repurchase under the plan (in shares) 2,400,000       2,400,000    
Stock Repurchase Programs              
Share Repurchase Program [Abstract]              
Number of shares of common stock purchased (in shares)         0 1,000,000.0 1,600,000
Average purchase price per share (in dollars per share) | $ / shares           $ 20.33 $ 25.53
Stock Options              
Share-Based Compensation [Abstract]              
Performance criteria achieved (in shares)     228,000        
Stock options granted, approximate (in shares)         0 0 277,000
Weighted average exercise price of stock options granted (in dollars per share) | $ / shares             $ 25.15
Stock Options | Black-Scholes              
Assumptions used to determine the fair value of options as of the grant date              
Expected dividend yield             0.00%
Stock Options | Binomial              
Assumptions used to determine the fair value of options as of the grant date              
Expected dividend yield             0.00%
Stock Options | Minimum | Black-Scholes              
Assumptions used to determine the fair value of options as of the grant date              
Risk-free interest rate (%)             2.66%
Expected stock price volatility (%)             70.31%
Expected option life (in years)             6 years
Fair value (in usd per share) | $ / shares             $ 16.17
Stock Options | Minimum | Binomial              
Assumptions used to determine the fair value of options as of the grant date              
Risk-free interest rate (%)             1.64%
Expected stock price volatility (%)             71.36%
Expected option life (in years)             2 years 6 months 21 days
Fair value (in usd per share) | $ / shares             $ 14.67
Stock Options | Maximum | Black-Scholes              
Assumptions used to determine the fair value of options as of the grant date              
Risk-free interest rate (%)             3.10%
Expected stock price volatility (%)             71.86%
Expected option life (in years)             6 years 3 months
Fair value (in usd per share) | $ / shares             $ 19.68
Stock Options | Maximum | Binomial              
Assumptions used to determine the fair value of options as of the grant date              
Risk-free interest rate (%)             3.22%
Expected stock price volatility (%)             71.86%
Expected option life (in years)             4 years 3 months 29 days
Fair value (in usd per share) | $ / shares             $ 20.26
Stock Options, Service-Based              
Share-Based Compensation [Abstract]              
Options outstanding (in shares) 253,000       253,000    
Stock Options, Service-Based | Minimum              
Share-Based Compensation [Abstract]              
Vesting period         3 years    
Stock Options, Service-Based | Maximum              
Share-Based Compensation [Abstract]              
Vesting period         4 years    
Expiration term         10 years    
Stock Options, Market-Based              
Share-Based Compensation [Abstract]              
Options outstanding (in shares) 201,000       201,000    
Number of components of an award | component         2    
Allowable performance period before expiration date         3 years    
Stock Options, Market-Based | Minimum              
Share-Based Compensation [Abstract]              
Vesting period         3 years    
Expiration term         10 years    
Stock Options, Market-Based | Maximum              
Share-Based Compensation [Abstract]              
Vesting period         4 years    
Stock Options, Market-Based, Ordinary Performance              
Share-Based Compensation [Abstract]              
Percentage of awards 67.00%       67.00%    
Vesting threshold 2       2    
Stock Options, Market-Based, Ordinary Performance | Minimum              
Share-Based Compensation [Abstract]              
Percentage of compounded annual gain of stock price over exercise price required for the award to vest         20.00%    
Stock Options, Market-Based, Extraordinary Performance              
Share-Based Compensation [Abstract]              
Percentage of awards 33.00%       33.00%    
Stock Options, Market-Based, Extraordinary Performance | Minimum              
Share-Based Compensation [Abstract]              
Percentage of compounded annual gain of stock price over exercise price required for the award to vest         25.00%    
Stock Options, Performance-Based              
Share-Based Compensation [Abstract]              
Options outstanding (in shares) 446,000       446,000    
Stock Options, Performance-Based | Share-based Payment Arrangement, Tranche One              
Share-Based Compensation [Abstract]              
Award vesting rights, percentage         25.00%    
Stock Options, Performance-Based | Share-based Payment Arrangement, Tranche Two              
Share-Based Compensation [Abstract]              
Award vesting rights, percentage         25.00%    
Stock Options, Performance-Based | Share-based Payment Arrangement, Tranche Three              
Share-Based Compensation [Abstract]              
Award vesting rights, percentage         25.00%    
Stock Options, Performance-Based | Share-based Payment Arrangement, Tranche Four              
Share-Based Compensation [Abstract]              
Award vesting rights, percentage         25.00%    
Stock Options, Performance-Based | Minimum              
Share-Based Compensation [Abstract]              
Allowable performance period before expiration date         10 years    
Attainment above threshold performance levels, vesting percentage         50.00%    
Stock Options, Performance-Based | Maximum              
Share-Based Compensation [Abstract]              
Attainment above threshold performance levels, vesting percentage         200.00%