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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity The following table summarizes activity for outstanding stock options for the year ended December 31, 2022:
(share data in thousands)Number of sharesWeighted-average
exercise price
Weighted-average
remaining
contractual term
(in years)
Aggregate
intrinsic value
(in thousands)
Outstanding at beginning of period288 $121.59 
Granted— — 
Exercised— — 
Cancelled/expired/forfeited(1)41.70 
Outstanding at end of period287 $121.70 3.34$103.0 
Exercisable at end of period287 $121.70 3.34$103.0 
Schedule of Nonvested Restricted Stock Units Activity Non-vested restricted stock units activity for the year ended December 31, 2022 was as follows:
(share data in thousands)Number of sharesWeighted-average grant date fair value
Non-vested at beginning of period1,804 $5.79 
Granted1,248 7.71 
Vested(1,027)7.74 
Cancelled/forfeited(131)5.94 
Non-vested at end of period1,894 $7.15 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The Company used the following assumptions to determine the fair value of the restricted stock units with market conditions as of December 31, 2022:

Year ended December 31,
2022
Risk free interest rate2.7 %
Volatility59.0 %
Cost of equity17.4 %
Performance period5 years
Derived service period0.78 years
The Company used the following assumptions to determine the fair value of the SARs granted to employees and non-employee as of December 31, 2022 and 2021:
Year ended December 31,
 20222021
Risk-free interest rate4.00 %1.44 %
Expected volatility59 %53 %
Expected life in years5.656.49
Suboptimal exercise factor
2.0x
2.0x
Schedule of Share-based Compensation, Restricted Stock Units with Market Conditions Activity
Restricted stock units with market conditions activity for the year ended December 31, 2022 was as follows:

(share data in thousands)Number of sharesWeighted-average grant date fair value
Non-vested at beginning of period— $— 
Granted960 6.70 
Exercised(75)
Cancelled/forfeited(25)— 
Non-vested at end of period860 $6.70