XML 42 R33.htm IDEA: XBRL DOCUMENT v3.22.1
Stock-Based Compensation (Tables)
 3 Months Ended
Mar. 31, 2022
Share-based Payment Arrangement [Abstract]  
Stock-Based Compensation Expense and Related Tax Benefit
Total stock-based compensation expense and the related tax benefit were as follows:
Three Months Ended March 31,
In thousands20222021
Stock options$284 $340 
Restricted stock units5,584 5,931 
Unrestricted stock awards259 227 
Phantom stock units190 1,117 
Total stock-based compensation$6,317 $7,615 
Related tax benefit$1,369 $1,363 
Employee Stock Options Activity
A summary of our stock option activity is as follows:
SharesWeighted
Average Exercise
Price per Share		Weighted Average
Remaining
Contractual Life		Aggregate
Intrinsic Value		Weighted
Average Grant
Date Fair Value
(In thousands)(Years)(In thousands)
Outstanding, January 1, 2021433 $61.95 6.9$14,697 
Granted— 
Exercised(24)67.04 926 
Forfeited(4)80.90 
Outstanding, March 31, 2021405 $61.48 6.7$11,012 
Outstanding, January 1, 2022393 $61.18 5.9$4,737 
Granted— $— 
Exercised— 
Forfeited(2)87.27 
Outstanding, March 31, 2022391 $61.03 5.5$2,173 
Exercisable, March 31, 2022340 $58.04 5.2$2,173 
Restricted Stock Units Award Activity
The following table summarizes restricted stock unit activity:
In thousands, except fair valueNumber of
Restricted Stock Units		Weighted
Average Grant
Date Fair Value		Aggregate
Intrinsic Value
Outstanding, January 1, 2021544 
Granted186 $100.28 
Released (1)
(177)$18,007 
Forfeited(10)
Outstanding, March 31, 2021543 
Outstanding, January 1, 2022430 $85.77 
Granted332 53.95 
Released (1)
(149)86.83 $8,025 
Forfeited(25)73.94 
Outstanding, March 31, 2022588 68.12 
Vested but not released, March 31, 202211 $563 
(1)     Shares released is presented as gross shares and does not reflect shares withheld by us for employee payroll tax obligations.
Restricted Stock Units, Valuation Assumptions
The weighted average assumptions used to estimate the fair value of performance-based restricted stock units granted with a service and market condition and the resulting weighted average fair value are as follows:
Three Months Ended March 31,
20222021
Expected volatility55.7 %50.5 %
Risk-free interest rate1.7 %0.2 %
Expected term (years)2.92.9
Weighted average fair value$57.88 $113.75