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Stock-Based Compensation Plans (Tables)
3 Months Ended
Mar. 28, 2021
Share-based Payment Arrangement [Abstract]  
Summary of stock-based compensation expense by type of award
The following table summarizes the Company's stock-based compensation expense by type of award granted under both the KAR plans and the 2019 OSIP (in millions):
Three Months Ended
March 28, 2021March 29, 2020
Performance-based Restricted Stock Units$0.4 $0.2 
Restricted Stock Units and Awards2.2 1.7 
Stock Options0.2 0.2 
Total Stock-based Compensation Expense$2.8 $2.1 
Schedule of granted stock-based awards
The following table summarizes the stock-based awards granted by the Company to certain employees and non-employee directors in accordance with the 2019 OSIP during the three months ended March 28, 2021:
Three Months Ended March 28, 2021
Number of Awards GrantedWeighted Average Grant Date Fair Value
Performance-based Restricted Stock Units75,185 $63.71 
Restricted Stock Units99,243 $62.35