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STOCK-BASED INCENTIVE COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2024
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, 2023 and 2022 are as follows:
Year Ended December 31,
20232022
Expected volatility51.43%51.19%
Risk-free interest rate4.16%3.91%
Expected life of options6.2 years6.2 years
Dividend rate
Summary of Stock Option Activity
A summary of stock option activity for the year ended December 31, 2024 is as follows:
OptionsWeighted Average Exercise PriceAggregate Intrinsic Value (thousands)Weighted Average Remaining Contractual Life
Balance at December 31, 20231,746,272 $25.08 $15,028 
Granted— $— $— 
Exercised(161,553)$18.14 $1,875 
Forfeited and expired(101,486)$26.05 $32 
Balance at December 31, 20241,483,233 $25.79 $1,590 7.35 years
Exercisable at December 31, 2024595,984 $22.96 $1,365 6.52 years
Summary of Outstanding Options by Exercise Price Range The following table outlines the outstanding and exercisable stock options as of December 31, 2024:
Options OutstandingOptions Exercisable
Range of Option Exercise PriceOutstanding OptionsWeighted Average Exercise PriceWeighted Average Remaining Contractual LifeOptions ExercisableWeighted Average Exercise Price
$0.00 - $8.24
9,901 $6.52 2.19,901 $6.52 
$8.24 - $16.52
64,775 $12.14 4.064,775 $12.14 
$16.52 - $24.76
355,616 $21.54 6.7200,513 $21.05 
$24.76 - $33.00
1,052,941 $28.25 7.8320,795 $26.85 
All options1,483,233 595,984 
Summary of Restricted Stock Award Activity
A summary of restricted stock award activity for the year ended December 31, 2024 is as follows:
Restricted StockWeighted Average Grant Date Fair Value
Balance at December 31, 20231,883,116 $26.28 
Granted 723,027 $32.71 
Vested and issued(770,137)$25.16 
Forfeited and expired(170,594)$28.25 
Balance at December 31, 20241,665,412 $29.41