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Equity Incentive Plans (Tables)
12 Months Ended
Dec. 31, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Recognized Compensation Expenses

The Company recognized compensation expense related to the Company plans for the years ended December 31, 2021, 2020 and 2019 as follows (in thousands):

 

 

 

2021

 

 

2020

 

 

2019

 

Stock option plan expense

 

$

760

 

 

$

1,141

 

 

$

1,085

 

Restricted stock expense

 

$

18,439

 

 

$

22,755

 

 

$

21,260

 

Summary of Options Activity

A summary of the activity of the Company’s stock options plans is presented below:

 

 

 

Shares

 

 

Wtd. Avg.

Exercise

Price

 

 

Wtd. Avg.

Remaining

Contractual

Term (years)

 

 

Aggregate

Intrinsic

Value

 

 

 

(In thousands)

 

 

 

 

 

 

 

 

 

 

(In thousands)

 

Options outstanding at January 1, 2021

 

 

1,951

 

 

$

22.07

 

 

 

6.62

 

 

$

 

Granted

 

 

478

 

 

 

7.52

 

 

 

 

 

 

 

 

 

Exercised

 

 

(2

)

 

 

7.52

 

 

 

 

 

 

 

 

 

Forfeited/Canceled

 

 

(580

)

 

 

17.01

 

 

 

 

 

 

 

 

 

Options outstanding at December 31, 2021

 

 

1,847

 

 

$

19.92

 

 

 

6.23

 

 

$

73

 

Options vested and expected to vest at December 31, 2021

 

 

1,782

 

 

$

20.24

 

 

 

6.14

 

 

$

65

 

Options exercisable at December 31, 2021

 

 

1,105

 

 

$

24.27

 

 

 

4.86

 

 

$

1

 

The following table summarizes information relative to stock option activity during the years ended December 31, 2021, 2020 and 2019 (in thousands):

 

 

 

2021

 

 

2020

 

 

2019

 

Intrinsic value of options exercised

 

$

-

 

 

$

-

 

 

$

433

 

Fair value of shares vested

 

$

925

 

 

$

1,061

 

 

$

971

 

Exercise Prices and Related Information of Stock Option Outstanding

The following table summarizes information about the exercise prices and related information of stock options outstanding under the Company plans at December 31, 2021:

 

 

 

Options Outstanding

 

 

Options Exercisable

 

Exercise Prices ($)

 

Number

Outstanding

 

 

Wtd. Avg.

Remaining

Contractual

Life

 

 

Wtd.  Avg.

Exercise

Price

 

 

Number

Exercisable

 

 

Wtd. Avg.

Remaining

Contractual

Life

 

 

Wtd.  Avg.

Exercise

Price

 

 

 

(In thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

0-18.23

 

 

694

 

 

 

8.11

 

 

$

11.39

 

 

 

130

 

 

 

5.40

 

 

$

14.48

 

18.24-22.26

 

 

486

 

 

 

4.97

 

 

$

20.97

 

 

 

420

 

 

 

4.76

 

 

$

20.84

 

22.27-29.39

 

 

402

 

 

 

5.32

 

 

$

25.26

 

 

 

290

 

 

 

4.61

 

 

$

26.25

 

29.40-45.00

 

 

265

 

 

 

5.04

 

 

$

32.27

 

 

 

265

 

 

 

5.04

 

 

$

32.27

 

Total

 

 

1,847

 

 

 

6.23

 

 

$

19.92

 

 

 

1,105

 

 

 

4.86

 

 

$

24.27

 

Summary of Non-vested Stock Option Activity

The following table summarizes the status of non-vested stock options as of December 31, 2021 and changes during the year ended December 31, 2021:

 

 

 

Number of Shares

 

 

Wtd. Avg. Grant

Date Fair Value

 

 

 

(In thousands)

 

 

 

 

 

Options non-vested at January 1, 2021

 

 

900

 

 

$

2.87

 

Granted

 

 

478

 

 

 

0.79

 

Vested

 

 

(266

)

 

 

3.48

 

Forfeited

 

 

(580

)

 

 

2.82

 

Options non-vested at December 31, 2021

 

 

532

 

 

$

1.79

 

Summary of Restricted Stock Activity

The following table summarizes the status of restricted stock awards as of December 31, 2021 and changes during the year ended December 31, 2021:

 

 

 

Shares

 

 

Wtd. Avg.

Grant Date

Fair value

 

 

 

(In thousands)

 

 

 

 

 

Restricted stock outstanding at January 1, 2021

 

 

2,154

 

 

$

20.61

 

Granted

 

 

1,551

 

 

 

6.93

 

Vested

 

 

(929

)

 

 

20.54

 

Forfeited/Canceled

 

 

(157

)

 

 

10.64

 

Restricted stock outstanding at December 31, 2021

 

 

2,619

 

 

$

12.53