EQUITY-BASED COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2022

Share-Based Payment Arrangement [Abstract]

Schedule of Equity-based Compensation, Valuation Assumptions

Fair value of the RSUs is estimated on the date of grant using the Black-Scholes option-pricing model using the following assumptions:

	September 30, 2022		September 30, 2021
Expected annual dividend yield	—	%	—	%
Expected volatility	—	%	49.1	%
Risk-free rate of return	—	%	0.1	%
Expected option term (years)	0		0.2

The fair

value of the stock is estimated on the date of grant using the Black-Scholes option-pricing model using the following assumptions:

	September 30, 2022		September 30, 2021
Expected annual dividend yield	—	%	—	%
Expected volatility	—	%	47.5	%
Risk-free rate of return	—	%	0.7	%
Expected option term (years)	0		4.5

Schedule of Restricted Stock Activity

A summary of restricted stock activity for the nine months ended September 30, 2022 and 2021 is as follows (in thousands except per share data):

	Number of RSU's	Weighted average grant date fair value		Weighted average remaining recognition period
Non-vested at December 31, 2020	762	$	1.39	2.12
Granted	2,353	18.88
Vested	(699)	9.83
Forfeited	(26)	3.92
Non-vested at September 30, 2021	2,390	$	16.12	2.63

	Number of RSU's	Weighted average grant date fair value		Weighted average remaining recognition period
Non-vested at December 31, 2021	2,671	$	14.33	3.38
Granted	1,395	7.61
Vested	(872)	6.47
Forfeited	(441)	9.78
Non-vested at September 30, 2022	2,753	$	11.52	2.93

Schedule of Stock Option Activity

A summary of stock option activity for the nine months ended September 30, 2022 and 2021 is as follows (in thousands except per share data):

	Number of Options	Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)
Balance, December 31, 2020	—	$	—	—
Granted	613	28.90		7.00
Exercised	—	—		—
Forfeited	—	—		—
Balance, September 30, 2021	613	$	28.90	6.46

	Number of Options	Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)
Balance, December 31, 2021	613	$	28.90	6.21
Granted	—	—		—
Exercised	—	—		—
Forfeited	—	—		—
Balance, September 30, 2022	613	$	28.90	4.30
Exercisable	613	—		—

Schedule of Performance-Based Restricted Stock Activity

A summary of the PSU activity for the nine months ended September 30, 2022 and 2021 is as follows (in thousands except per share data):

	Number of PSUs	Weighted Average Exercise Price		Weighted average remaining recognition period
Balance, December 31, 2020	—	$	—	—
Granted	424	18.65
Vested	—	—
Forfeited	—	—
Balance, September 30, 2021	424	$	18.65	2.00

	Number of PSUs	Weighted Average Exercise Price		Weighted average remaining recognition period
Balance, December 31, 2021	424	$	18.65	2.00
Granted	1,020	7.53
Vested	—	—
Forfeited	(382)	10.59
Balance, September 30, 2022	1,062	$	10.86	1.87