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Share-Based Compensation (Tables)
 12 Months Ended
Dec. 31, 2022
Schedule of Information with Respect to Outstanding and Exercisable Stock Options

The following table summarizes information with respect to all outstanding and exercisable stock options under all of our plans as of December 31, 2022:

 

Options Outstanding

 

 

Options Exercisable

 

Number of
Options
Outstanding

 

 

Weighted Average
Exercise Price

 

 

Weighted Average
Remaining
Contractual Term
(in Years)

 

 

Number
Exercisable

 

 

Weighted
Average
Exercise Price

 

 

64,000

 

 

$

2.82

 

 

 

0.36

 

 

 

64,000

 

 

$

2.82

 

 

106,656

 

 

$

3.93

 

 

 

2.38

 

 

 

106,656

 

 

$

3.93

 

 

106,154

 

 

$

4.91

 

 

 

2.57

 

 

 

106,154

 

 

$

4.91

 

 

93,824

 

 

$

6.09

 

 

 

3.44

 

 

 

93,824

 

 

$

6.09

 

 

73,125

 

 

$

8.30

 

 

 

4.18

 

 

 

73,125

 

 

$

8.30

 

 

67,626

 

 

$

9.69

 

 

 

4.39

 

 

 

67,626

 

 

$

9.69

 

 

5,168

 

 

$

13.15

 

 

 

4.87

 

 

 

5,168

 

 

$

13.15

 

 

236,452

 

 

$

13.80

 

 

 

5.18

 

 

 

236,452

 

 

$

13.80

 

 

56,119

 

 

$

15.39

 

 

 

5.41

 

 

 

56,119

 

 

$

15.39

 

 

41,958

 

 

$

21.29

 

 

 

6.61

 

 

 

41,958

 

 

$

21.29

 

 

851,082

 

 

$

9.45

 

 

 

3.88

 

 

 

851,082

 

 

$

9.45

 
Summary of Total Stock Based Compensation Expense

Stock-Based Compensation Expense. Total stock-based compensation expense for the years ended December 31, 2022, 2021 and 2020 for all types of awards was as follows (dollars in thousands):

 

 

 

December 31,

 

Award Type

 

2022

 

 

2021

 

 

2020

 

Stock options

 

$

89

 

 

$

464

 

 

$

1,134

 

Restricted stock units settled in stock

 

 

8,648

 

 

 

14,495

 

 

 

12,227

 

Restricted stock units settled in cash

 

 

-

 

 

 

-

 

 

 

(240

)

Total stock-based compensation expense

 

$

8,737

 

 

$

14,959

 

 

$

13,121

 
Restricted Stock Units [Member]  
Schedule of Information with Respect to all Outstanding Restricted Stock

The following table summarizes information with respect to all outstanding restricted stock units to be settled in shares of stock under our plans during the years ended December 31, 2022, 2021 and 2020:

 

 

 

Restricted Stock to be Settled in Shares of Stock

 

 

 

Units

 

 

Weighted
Average
Grant-Date
Fair Value
Per Unit

 

Outstanding as of December 31, 2019

 

 

1,921,192

 

 

$

16.34

 

Granted

 

 

534,471

 

 

 

15.45

 

Vested

 

 

(242,515

)

 

 

11.02

 

Forfeited

 

 

(67,098

)

 

 

17.18

 

Outstanding as of December 31, 2020

 

 

2,146,050

 

 

$

16.70

 

Granted

 

 

723,245

 

 

 

11.87

 

Vested

 

 

(1,329,017

)

 

 

16.35

 

Forfeited

 

 

(77,085

)

 

 

11.98

 

Outstanding as of December 31, 2021

 

 

1,463,193

 

 

$

14.87

 

Granted (1)

 

 

739,476

 

 

 

10.46

 

Vested

 

 

(504,223

)

 

 

17.34

 

Forfeited

 

 

(84,236

)

 

 

12.93

 

Outstanding as of December 31, 2022 (1)

 

 

1,614,210

 

 

$

12.18

 

_________________

(1) 365,852 of performance-based restricted stock units granted during 2022, and which are still outstanding as of December 31, 2022, are subject to a 200% maximum payout based on certain performance metrics.
Employee Stock Option [Member]  
Summary of Stock Option Activity

Stock option activity during the years ended December 31, 2022, 2021 and 2020 under our plans was as follows:

 

 

 

Options

 

 

Weighted Average
Exercise Price

 

 

Weighted
Average
Remaining
Contractual
Term

 

 

Aggregate
Intrinsic Value
(in thousands)

 

Outstanding as of December 31, 2019

 

 

2,437,609

 

 

$

9.32

 

 

 

 

 

 

 

Granted

 

 

-

 

 

 

-

 

 

 

 

 

 

 

Exercised

 

 

(1,040,304

)

 

 

5.18

 

 

 

 

 

$

7,615

 

Forfeited

 

 

(8,719

)

 

 

11.79

 

 

 

 

 

 

 

Cancelled

 

 

(161,512

)

 

 

30.25

 

 

 

 

 

 

 

Outstanding as of December 31, 2020

 

 

1,227,074

 

 

$

10.07

 

 

 

 

 

 

 

Granted

 

 

-

 

 

 

-

 

 

 

 

 

 

 

Exercised

 

 

(103,407

)

 

 

5.31

 

 

 

 

 

$

725

 

Forfeited

 

 

-

 

 

 

-

 

 

 

 

 

 

 

Cancelled

 

 

(128,576

)

 

 

22.01

 

 

 

 

 

 

 

Outstanding as of December 31, 2021

 

 

995,091

 

 

$

9.02

 

 

 

 

 

 

 

Granted

 

 

-

 

 

 

-

 

 

 

 

 

 

 

Exercised

 

 

(144,009

)

 

 

6.46

 

 

 

 

 

$

635

 

Forfeited

 

 

-

 

 

 

-

 

 

 

 

 

 

 

Cancelled

 

 

-

 

 

 

-

 

 

 

 

 

 

 

Outstanding as of December 31, 2022

 

 

851,082

 

 

$

9.45

 

 

 

3.88

 

 

$

4,181

 

Exercisable as of December 31, 2022

 

 

851,082

 

 

$

9.45

 

 

 

3.88

 

 

$

4,181