Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2021

Share-based Payment Arrangement [Abstract]

Schedule of Valuation Assumptions

The following are the key assumptions used in this valuation:

Risk-free interest rate	0.27	%
Expected stock price volatility	52.93	%
Expected service period	2.84 years
Expected dividend yield (assuming full reinvestment)	—	%

Schedule of Stock-Based Compensation Expense

The following table summarizes the stock-based compensation expense recognized during the periods presented (dollars in thousands):

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2021		2020		2021		2020
Stock-based compensation expense	$	1,810	$	963	$	3,395	$	1,847