XML 71 R47.htm IDEA: XBRL DOCUMENT v3.22.4
Share-Based Awards (Tables)
 12 Months Ended
Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions Assumptions used to calculate the grant date fair value of the performance shares with a relative TSR market condition and the aspirational performance shares, by grant date, were as follows:
Performance Share Grants:
February 2022May 2021February 2021
Expected volatility55.0 %55.0 %52.0 %
Risk-free interest rate1.58 %0.27 %0.18 %
Aspirational Share Grants:
August 2022
Expected volatility54.5 %
Risk-free interest rate3.23 %
Schedule of Restricted Stock Units and Performance Shares Settled in Stock Transactions
The activity for these awards for the year ended December 31, 2022 was as follows (in thousands, except for per share amounts):
Shares & UnitsWeighted-Average Fair Value Per Share
Nonvested, beginning of period2,482 $35 
Granted3,664 $25 
Vested(1,035)$35 
Forfeited(551)$37 
Nonvested, end of period4,560 $27 
Schedule of Restricted Stock Units and Performance Shares Settled in Cash Transactions The activity for these awards for the year ended December 31, 2022 was as follows (in thousands, except for per share amounts):
UnitsWeighted-Average Fair Value Per Share
Nonvested, beginning of period265 $36 
Granted99 $43 
Vested(101)$38 
Forfeited(18)$44 
Nonvested, end of period245 $38 
Schedule of Stock Option Transactions The stock option transactions for the year ended December 31, 2022 were as follows (in thousands, except for per share amounts):
OptionsWeighted-Average Exercise Price
Outstanding, beginning of period993 $48 
Options granted— $— 
Exercised— $— 
Forfeited(80)$55 
Outstanding, end of period913 $47 
Exercisable, end of period413 $60 
Schedule of Aggregate Intrinsic Value Related to Options Outstanding, Exercisable and Exercised
The aggregate intrinsic value related to stock options exercised, outstanding and exercisable as of and for the years ended December 31, was as follows (in thousands):
202220212020
Exercised$— $289 $21 
Outstanding$2,485 $530 $— 
Exercisable$— $— $— 
Schedule Stock Options Outstanding By Price Range
Stock options outstanding at December 31, 2022 were as follows (options in thousands):
Price RangeWeighted-Average
Contractual Life		OptionsWeighted-Average
Exercise Price
$30.01 to $40
8.9500 $37 
$40.01 to $50
0.0— $— 
$50.01 to $60
0.1105 $52 
$60.01 to $70
0.8308 $63 
Options outstanding5.2913 $47 
Options exercisable0.6413 $60