SHARE-BASED COMPENSATION (Tables)

3 Months Ended

Mar. 31, 2023

Share-Based Payment Arrangement [Abstract]

Summary of Stock Option Activity

A summary of stock option activity under the Plans during the three months ended March 31, 2023 is presented below:

	Number of Options	Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Term (Years)	Weighted-Average Grant Date Fair Value
Outstanding at December 31, 2022	711,050	$	11.56	6.26	$	4.28
Granted	—	$	—		$	—
Exercised	(57,250)	$	12.63		$	5.22
Forfeited	(7,500)	$	15.15		$	7.08
Outstanding at March 31, 2023	646,300	$	11.42	5.97	$	4.17
Exercisable at March 31, 2023	506,300	$	10.91	5.71	$	3.86

Summary of RSU Activity

A summary of RSU activity during the three months ended March 31, 2023 is presented below:

	Number of RSUs	Weighted-Average Grant Price
Outstanding (nonvested) at December 31, 2022	316,902	$	16.58
Granted(1)	134,425	$	25.70
Vested	(63,127)	$	15.23
Forfeited	(8,409)	$	17.69
Outstanding (nonvested) at March 31, 2023	379,791	$	20.01

(1) The aggregate fair value of all RSUs granted during the three months ended March 31, 2023 was approximately $3.5 million.

Summary of RSA Activity

A summary of RSA activity during the three months ended March 31, 2023 is presented below:

	Number of RSAs	Weighted-Average Grant Price
Outstanding (nonvested) at December 31, 2022	159,562	$	15.28
Granted(1)	77,822	$	25.70
Vested	(45,404)	$	15.14
Forfeited	—	$	—
Outstanding (nonvested) at March 31, 2023	191,980	$	19.53

(1) The aggregate fair value of all RSAs granted during the three months ended March 31, 2023 was approximately $2.0 million.

Summary of PSU Activity

A summary of PSU activity during the three months ended March 31, 2023 is presented below:

	Number of PSUs	Weighted-Average Remaining Contractual Term (Years)	Weighted-Average Grant Price
Outstanding (nonvested) at December 31, 2022	300,871	8.63	$	17.30
Granted(1)	318,386		$	19.49
Vested	—		$	—
Forfeited	—		$	—
Outstanding (nonvested) at March 31, 2023	619,257	8.62	$	18.43

(1) The aggregate fair value of all PSUs granted during the three months ended March 31, 2023 was approximately $6.2 million.