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Stock-Based Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2021
Share-based Payment Arrangement [Abstract]  
Schedule of Share-based Compensation, Restricted Stock Units Award Activity The following table summarizes information about RSUs:
20212020
SharesWeighted average fair valueSharesWeighted average fair value
Outstanding - beginning of the year6,560,372 $6.27 4,480,847 $9.51 
Granted2,100,126 8.36 4,123,544 3.92 
Vested(2,504,189)6.72 (1,486,371)9.65 
Forfeited(418,016)6.61 (557,648)5.06 
Outstanding - end of the year5,738,293 $6.95 6,560,372 $6.27 
Schedule of Share-based Compensation, Performance Stock Units Award Activity
The following table summarizes share information about PSUs:
20212020
SharesWeighted average fair valueSharesWeighted average fair value
Outstanding - beginning of the year1,730,002 $9.31 2,778,362 $10.09 
Vested(287,109)9.33 (303,460)4.00 
Forfeited(433,802)9.33 (744,900)11.57 
Outstanding - end of the year1,009,091 $6.60 1,730,002 $9.31 
Schedule of Share-based Compensation, Stock Options, Activity
The following table summarizes information about stock option activity:
20212020
SharesPer share weighted average exercise pricesSharesPer share weighted average exercise prices
Options outstanding - beginning of the year12,814,365 $11.81 12,822,684 $14.08 
Granted737,842 8.48 2,801,982 3.98 
Exercised(777,429)6.11 (33,501)6.82 
Canceled(604,101)11.71 (1,653,126)10.09 
Expired(1,050,608)25.85 (1,123,674)22.09 
Options outstanding - end of the year11,120,069 $10.65 12,814,365 $11.81 
Options exercisable - end of the year8,853,859 $11.94 7,027,974 $16.76 
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range
The following table provides additional information about stock options outstanding and exercisable at December 31, 2021:
Options OutstandingOptions Exercisable
Range of per share exercise pricesSharesPer share weighted-average exercise priceWeighted-average remaining contractual lifeSharesPer share weighted-average exercise priceWeighted-average remaining contractual life
$3.98 - $8.76
5,460,787 $5.65 7.7 years3,194,577 $5.69 7.2 years
$12.64 - $16.88
4,857,128 $14.40 4.5 years4,857,128 $14.40 4.5 years
$17.20 - $23.94
802,154 $21.93 1.2 years802,154 $21.93 1.2 years
11,120,069 $10.64 5.8 years8,853,859 $11.94 5.2 years
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The following table lists the weighted average of assumptions used to calculate the fair value of stock options granted:
Years Ended December 31,
202120202019
Expected dividend yield2.4 %5.0 %3.0 %
Expected stock price volatility70.0 %43.0 %41.5 %
Risk-free interest rate1.1 %1.5 %2.5 %
Expected life7 years7 years5 years
Weighted-average fair value per option granted$4.53$1.01$1.98
Fair value of options granted$3,342$2,830$1,722