STOCKHOLDERS' EQUITY (Tables)

3 Months Ended

Mar. 31, 2023

Share-Based Payment Arrangement [Abstract]

Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity

Information with respect to the Company’s non-vested time-based restricted stock units for the three months ended March 31, 2023 was as follows:

	Number of Restricted Stock Units	Weighted- Average Grant-Date Fair Value	Weighted- Average Remaining Contractual Term (years)	Aggregate Intrinsic Value (in thousands)	Shares Retained to Cover Statutory Minimum Withholding Taxes
Non-vested at January 1, 2023	788,217	$28.24			—
Granted	166,382	28.72			—
Vested	(125,117)	20.15			(52,871)
Forfeited	(8,600)	28.72			—
Outstanding at March 31, 2023	820,882	$29.57	0.94	$26,244

Information with respect to the Company’s non-vested performance-based restricted stock units for the three months ended March 31, 2023 was as follows:

	Number of Performance-based Restricted Stock Units	Weighted- Average Grant-Date Fair Value	Weighted- Average Remaining Contractual Term (years)	Aggregate Intrinsic Value (in thousands)	Shares Retained to Cover Statutory Minimum Withholding Taxes
Non-vested at January 1, 2023	294,011	$23.20			—
Granted	240,598	26.12			—
Vested	(254,320)	15.34			(114,881)
Forfeited	—	—			—
Non-vested at March 31, 2023	280,289	$32.85	1.68	$8,961

Share-based Payment Arrangement, Expensed and Capitalized, Amount

tock-based compensation expense by award type for the three months ended March 31, 2023 and 2022 (in thousands):

	Three Months Ended March 31,
	2023		2022
Share-based compensation expense by type:
Time-based Restricted Stock Units	$	4,165	$	2,428
Performance-based Restricted Stock Units	882		948
ESPP	46		46
Total share-based compensation expense	$	5,093	$	3,422

Stock-based compensation was included in the following captions in the Company’s condensed consolidated statements of operations for the three months ended March 31, 2023 and 2022 (in thousands):

	Three Months Ended March 31,
	2023		2022
Cost of revenues	$	429	$	426
Research and development expenses	468		350
Marketing and selling expenses	809		598
General and administrative expenses	3,387		2,048
Total share-based compensation expense	$	5,093	$	3,422