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SHAREHOLDERS EQUITY (Tables)
 12 Months Ended
Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of summarizes activity for nonqualified stock options
The following presents activity for nonqualified stock options for the year ended December 31, 2022:
Number
of
Options		Weighted
Average
Exercise
Price		Weighted
Average
Remaining
Contractual
Term		Aggregate
Intrinsic
Value
Outstanding as of December 31, 2021308,574$29.21 
Exercised(8,309)21.50 
Forfeited or expired(116,100)40.00 
Outstanding as of December 31, 2022184,16522.76 2.1
(1)
Options fully vested/exercisable as of December 31, 2022184,16522.76 2.1
(1)
_____________________________
(1)Nonqualified stock options outstanding at the end of the period and those fully vested/exercisable had immaterial aggregate intrinsic values.
Schedule of summarizes the activity for the Time Vesting Units, the Financial Performance Units and the Market Performance Units
The following presents the activity for the Time Vesting Units, the Financial Performance Units and the Market Performance Units during the year ended December 31, 2022:
Time
Vesting
Units		Financial
Performance
Units		Market
Performance
Units
Outstanding as of December 31, 2021249,821183,48313,746
Granted157,68292,697—
Vested(83,918)(12,100)—
Forfeited (37,590)(28,568)(13,746)
Outstanding as of December 31, 2022285,995235,512—
Schedule of financial performance units activity
The following presents the Company’s existing Financial Performance Units as of December 31, 2022 (dollars in thousands, except share amounts):
Grant PeriodThreshold AccrualMaximum
Issuable Shares at
Current Threshold		Unrecognized Compensation Expense
Weighted-Average Life (1)
Financial Metric End DateVesting Requirement End Date
May 1, 2019 through April 30, 2020150 %69,306$145 1.0 yearsDecember 31, 2021December 31, 2023
May 1, 2020 through December 31, 2020, excluding November 18, 2020150 %74,364267 2.0 yearsDecember 31, 2022December 31, 2023
On November 18, 2020115 %24,161238 1.9 yearsDecember 31, 2022
50% November 18, 2023 and 2025
May 3, 2021 through August 11, 2021150 %53,882604 3.0 yearsDecember 31, 2023December 31, 2025
May 2, 2022 through November 2, 2022, excluding August 4, 2022(2)
— %— — 4.0 yearsDecember 31, 2024December 31, 2026
On August 4, 2022 (3)
100 %18,181680 4.0 yearsDecember 31, 2024December 31, 2026
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(1)Represents the expected unrecognized stock-based compensation expense recognition period.
(2)As the performance threshold is not expected to be met in future performance periods, there is no related unrecognized compensation as of December 31, 2022.
(3)Performance threshold was not met for the year ended December 31, 2022. The 100% threshold is expected to be met for the years ended December 31, 2023 and 2024.
The following presents the Company’s Financial Performance Units activity for the years noted December 31 (dollars in thousands):
Units GrantedCompensation Expense Recognized
Grant Period2022202120222021
Prior to May 1, 2019——$— $110 
May 1, 2019 through April 30, 2020——122 216 
May 1, 2020 through December 31, 2020, excluding November 18, 2020——168 208 
On November 18, 2020—41 125 
May 3, 2021 through August 11, 2021—41,743273 221 
May 2, 2022 through November 2, 2022, excluding August 4, 2022(1)
65,425—— — 
On August 4, 2022(2)
27,272—47 — 
_____________________________
(1)     Performance threshold was not met for the year ended December 31, 2022; therefore, no compensation expense was recognized as of the year ended December 31, 2022.
(2)     Performance threshold was not met for the year ended December 31, 2022. The 100% threshold is expected to be met for the years ended December 31, 2023 & 2024.