STOCK-BASED INCENTIVE COMPENSATION Stock-Based Incentive Compensation (Tables)

12 Months Ended

Dec. 31, 2022

Share-Based Payment Arrangement [Abstract]

Schedule of Fair Value of Awards

The assumptions used to compute the fair value of options for the years ended December 31, 2022, 2021 and 2020 are as follows:

	Year Ended December 31,
	2022		2021		2020
Expected volatility	51.19	%	51.92	%	45.70	%
Risk-free interest rate	3.91	%	1.40	%	0.53	%
Expected life of options	6.2 years		6.5 years		6.3 years
Dividend rate	—		—		—

Summary of Stock Option Activity

A summary of stock option activity for the year ended December 31, 2022 is as follows:

	Options	Weighted Average Exercise Price		Aggregate Intrinsic Value (thousands)		Weighted Average Remaining Contractual Life
Balance at December 31, 2021	1,170,141	$	19.96	$	10,154
Granted	352,577	$	24.23	$	2,071
Exercised	(104,719)	$	13.68	$	1,797
Forfeited and expired	(396,629)	$	21.08	$	3,571
Balance at December 31, 2022	1,021,370	$	21.63	$	8,816	8.18 years
Exercisable at December 31, 2022	125,374	$	15.00	$	2,068	5.05 years

Summary of Outstanding Options by Exercise Price Range

The following table outlines the outstanding and exercisable stock options as of December 31, 2022:

	Options Outstanding				Options Exercisable
Range of Option Exercise Price	Outstanding Options	Weighted Average Exercise Price		Weighted Average Remaining Contractual Life	Options Exercisable	Weighted Average Exercise Price
$0.00 - $8.24	9,901	$	6.52	4.1 years	9,901	$	6.52
$8.24 - $16.52	157,102	$	12.41	6.3 years	99,348	$	11.87
$16.52 - $24.76	530,894	$	21.38	8.6 years	3,250	$	23.96
$24.76 - $33.00	314,348	$	26.33	8.8 years	3,750	$	29.13
$41.28 - $49.52	6,250	$	44.16	0.2 years	6,250	$	44.16
$49.52 - $57.76	1,625	$	56.24	0.3 years	1,625	$	56.24
$66.00 - $74.28	1,250	$	66.52	0.6 years	1,250	$	66.52
All options	1,021,370				125,374

Summary of Restricted Stock Award Activity

A summary of restricted stock award activity for the year ended December 31, 2022 is as follows:

	Restricted Stock	Weighted Average Grant Date Fair Value
Balance at December 31, 2021	1,266,226	$	17.73
Granted	931,454	$	25.90
Vested and issued	(266,489)	$	13.87
Forfeited and expired	(262,344)	$	20.69
Balance at December 31, 2022	1,668,847	$	22.45