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Stock Plans (Tables)
12 Months Ended
Dec. 31, 2023
2021 Incentive Plan [Member]  
Restricted Shares Outstanding

2021 Incentive Plan

Weighted

Average

Number of

Grant Date

Aggregate

Shares

Fair Value

Fair Value

(in thousands)

(per share)

(in millions)

Balance at April 30, 2021

-

$

$

-

Restricted stock granted

2,578 

$

28.66

$

75 

Restricted stock vested

(21)

$

28.44

$

-

Restricted stock forfeited

(74)

$

28.52

Balance at January 1, 2022

2,483 

$

28.67

$

72 

Restricted stock granted

1,104 

$

25.80

$

28 

Restricted stock vested

(892)

$

25.81

$

(23)

Restricted stock forfeited

(181)

$

25.88

Balance at December 31, 2022

2,514 

$

25.78

$

64 

Restricted stock granted

1,373 

$

23.11

$

35 

Restricted stock vested

(1,225)

$

25.77

$

(31)

Restricted stock forfeited

(194)

$

24.97

Balance at December 31, 2023

2,468 

$

24.37

$

63 

Target Performance Shares

2021 Incentive Plan

Weighted Average

Number of

Award Date

Shares

Fair Value

(in thousands)

(per share) (1)

Balance at April 30, 2021

-

$

-

Target performance shares awarded, net

3,157 

$

25.62 (2)

Target performance shares forfeited

(13)

$

25.61

Balance at January 1, 2022

3,144 

$

25.62

Target performance shares awarded, net

388 

$

25.66 (3)

Target performance shares forfeited

(47)

 

Balance at December 31, 2022

3,485 

$

25.62

Target performance shares awarded, net

1,040 

$

24.36

Target performance shares forfeited

(38)

 

Balance at December 31, 2023

4,487 

$

25.33

(1) Represents the weighted average of the closing price of our stock on the date of the awards.

(2) Approximately 1.1 million shares included in this award were granted in 2021 with a grant date fair value of $30.85 per share. Approximately 2.1 million shares were granted in 2022 with a grant date fair value price of $27.22 per share.

(3) Approximately 0.2 million shares included in this award were granted in 2022 with a grant date fair value of $26.81 per share. Approximately 0.2 million shares have been granted as of December 31, 2023 with a grant date fair value of $23.95 per share.

2017 EIP [Member]  
Restricted Shares Outstanding

Weighted

Average

Number of

Grant Date

Aggregate

Shares

Fair Value

Fair Value

(in thousands)

(per share)

(in millions)

Balance at December 31, 2020 (Predecessor)

304

$

$

-

Restricted stock granted

-

$

-

$

-

Restricted stock vested

(41)

$

8.23

$

-

Restricted stock forfeited

(109)

$

8.23

Balance at April 30, 2021 (Predecessor)

154

$

5.38

$

-

Cancellation of restricted stock

(154)

$

-

$

-

Balance at April 30, 2021 (Predecessor)

-

$

-

$

-