Stock-Based Compensation

6 Months Ended

Jun. 30, 2022

Stock-Based Compensation

Stock-Based Compensation

17. Stock-Based Compensation

We recognize stock-based compensation expense related to restricted stock awards, restricted stock units, performance-based restricted stock units and shares issued under our ESPP.

	Three Months Ended				Six Months Ended
	June 30,				June 30,
(in thousands)	2022		2021		2022		2021
Equity award expense	$	2,970	$	3,178	$	6,037	$	5,841
Liability award expense		377		408		880		994
Total stock-based compensation expense	$	3,347	$	3,586	$	6,917	$	6,835

The following table presents our restricted stock activity during the six months ended June 30, 2022:

		Weighted
		Average
		Grant Date
	Shares	Fair Value
	(in thousands)	Per Share
Non-vested restricted stock, December 31, 2021	2,578	$	10.35
Granted	1,861		9.03
Vested	(1,106)		10.31
Canceled	(188)		9.35
Non-vested restricted stock, June 30, 2022 (1)	3,145		9.64

(1) Comprised of 508 cash-settled units and 2,637 stock-settled awards and units.

As of June 30, 2022, we expect $21.3 million of unrecognized compensation cost related to our non-vested awards and units to be recognized over the weighted average period of 2.1 years.