XML 52 R41.htm IDEA: XBRL DOCUMENT v3.21.2
Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Compensation Expense

The following table summarizes the compensation expense included in selling, general and administrative expenses in the Condensed Consolidated Statements of (Loss) Earnings related to stock-based compensation plans:

 

 

 

Three months ended

 

 

Nine months ended

 

 

 

September 30,

 

 

September 30,

 

 

September 30,

 

 

September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Service-based RSUs

 

$

588

 

 

$

580

 

 

$

2,013

 

 

$

1,939

 

Performance-based RSUs

 

 

383

 

 

 

472

 

 

 

1,942

 

 

 

123

 

Cash-settled RSUs

 

 

16

 

 

 

67

 

 

 

151

 

 

 

102

 

Total

 

$

987

 

 

$

1,119

 

 

$

4,106

 

 

$

2,164

 

Income tax benefit

 

 

227

 

 

 

257

 

 

 

945

 

 

 

497

 

Net expense

 

$

760

 

 

$

862

 

 

$

3,161

 

 

$

1,667

 

Summary of Unrecognized Compensation Expense related to Non-Vested RSUs

The following table summarizes the unrecognized compensation expense related to non-vested RSUs by type and the weighted-average period in which the expense is to be recognized:

 

 

 

Unrecognized

 

 

 

 

 

 

 

Compensation

 

 

Weighted-

 

 

 

Expense at

 

 

Average

 

 

 

September 30, 2021

 

 

Period (years)

 

Service-based RSUs

 

$

1,818

 

 

 

1.38

 

Performance-based RSUs

 

 

2,988

 

 

 

1.80

 

Total

 

$

4,806

 

 

 

1.64

 

Summary of Status of Plans

The following table summarizes the status of these plans as of September 30, 2021:

 

 

2018 Plan

 

 

2014 Plan

 

 

2009 Plan

 

 

2004 Plan

 

 

Directors'

Plan

 

Awards originally available

 

 

2,500,000

 

 

 

1,500,000

 

 

 

3,400,000

 

 

 

6,500,000

 

 

N/A

 

Maximum potential RSU and cash settled awards outstanding

 

 

611,278

 

 

 

35,100

 

 

 

45,200

 

 

 

14,545

 

 

 

4,722

 

Maximum potential awards outstanding

 

 

611,278

 

 

 

35,100

 

 

 

45,200

 

 

 

14,545

 

 

 

4,722

 

RSUs and cash settled awards vested and released

 

 

117,633

 

 

 

 

 

 

 

 

 

 

 

 

 

Awards available for grant

 

 

1,771,089

 

 

 

 

 

 

 

 

 

 

 

 

 

Summary of Service-Based Restricted Stock Units

The following table summarizes the service-based RSU activity for the nine months ended September 30, 2021:

 

 

 

Units

 

 

Weighted

Average

Grant Date

Fair Value

 

Outstanding at December 31, 2020

 

 

367,428

 

 

$

21.28

 

Granted

 

 

68,065

 

 

 

32.93

 

Vested and released

 

 

(151,946

)

 

 

20.91

 

Forfeited

 

 

(15,506

)

 

 

29.17

 

Outstanding at September 30, 2021

 

 

268,041

 

 

$

24.00

 

Releasable at September 30, 2021

 

 

116,933

 

 

$

15.86

 

Summary of Performance and Market Based RSUs

The following table summarizes the performance and market-based RSU activity for the nine months ended September 30, 2021:

 

 

 

Units

 

 

Weighted

Average

Grant Date

Fair Value

 

Outstanding at December 31, 2020

 

 

225,559

 

 

$

28.97

 

Granted

 

 

83,237

 

 

 

34.44

 

Attained by performance

 

 

18,107

 

 

 

28.33

 

Released

 

 

(53,137

)

 

 

28.33

 

Forfeited

 

 

(43,099

)

 

 

27.71

 

Outstanding at September 30, 2021

 

 

230,667

 

 

$

31.28

 

Releasable at September 30, 2021

 

 

196,748

 

 

$

32.62