STOCK-BASED COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2022

Share-Based Payment Arrangement [Abstract]

Schedule of Restricted Stock Activity

The following table summarizes restricted stock unit activity for the Current Successor YTD Period:

	Number of Unvested Restricted Stock Units	Weighted Average Grant Date Fair Value		Number of Unvested Performance Vesting Restricted Stock Units	Weighted Average Grant Date Fair Value
Unvested shares as of January 1, 2022	198,413	$	66.04	153,138	$	48.54
Granted	2,154	73.83		—	—
Vested	(3,074)	65.75		—	—
Forfeited/canceled	(1,157)	66.89		—	—
Unvested shares as of March 31, 2022	196,336	$	67.16	153,138	$	48.54
Granted	76,038	97.55		37,666	66.82
Vested	(10,817)	63.53		—	—
Forfeited/canceled	(3,752)	75.70		—	—
Unvested shares as of June 30, 2022	257,805	$	75.37	190,804	$	52.15
Granted	—	—		—	—
Vested	(52,701)	66.18		—	—
Forfeited/canceled	(3,265)	85.36		—	—
Unvested shares as of September 30, 2022	201,839	$	77.60	190,804	$	52.15

The following table summarizes restricted stock unit activity for the Prior Predecessor YTD Period:

	Number of Unvested Restricted Stock Units	Weighted Average Grant Date Fair Value		Number of Unvested Performance Vesting Restricted Stock Units	Weighted Average Grant Date Fair Value
Unvested shares as of January 1, 2021	1,702,513	$	4.74	840,595	$	4.07
Granted	—	—		—	—
Vested	(227,132)	8.45		—	—
Forfeited/canceled	(1,475,381)	4.16		(840,595)	4.07
Unvested shares as of May 17, 2021	—	$	—	—	$	—

Schedule of Grant Date Fair Value of Awards Granted

The table below summarizes the assumptions used in the Monte Carlo simulation to determine the grant date fair value of awards granted during the Current Successor YTD Period:

Grant date	April 29, 2022
Forecast period (years)	3
Risk-free interest rates	2.9%
Implied equity volatility	88.4%
Stock price on the date of grant	$93.98