STOCK-BASED COMPENSATION PLANS (Tables)

12 Months Ended

Dec. 31, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Changes in Unvested Restricted Stock

The following is a summary of changes in unvested restricted stock:

	RSAs	Weighted-Average Price
Unvested shares at December 31, 2022	477,721	$	29.53
2023 Activity:
Granted	1,440,446	15.54
Vested	(985,881)	17.12
Forfeited (a)	(13,819)	21.03
Unvested shares at December 31, 2023	918,467	$	21.04

 (a) Forfeitures are recognized as they occur.

Schedule of SARS Activity

The following is a summary of the 2023 activity: 

	SARs	Weighted-Average Price
Outstanding SARs at December 31, 2022	3,269,916	$	30.16
2023 Activity:
Granted	1,474,764	15.97
Outstanding SARs at December 31, 2023	4,744,680	$	25.75

Schedule of Assumptions Used to Estimate the Value of Stock Options Under ESPP

Valuation of SARS. Our SARs were valued using the Black-Scholes pricing model utilizing the following assumptions:

	2023		2022		2021
Risk-free interest rate	4.4	%	1.6%		0.6%
Expected years to exercise	5 years		5 years		5 years
Expected volatility	52.1	%	49.6	%	48.2	%
Annual dividend yield	6.8	%	3.0%		2.5%