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Shareholder's Equity and Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2022
Equity [Abstract]  
Schedule of RSA/RSU Activity

The following table sets forth the Company’s RSA/RSU activity:

 

 

 

Six Months Ended

 

 

 

June 30, 2022

 

 

 

Shares/Units

 

Outstanding and unvested - beginning of period

 

 

602,187

 

Granted

 

 

137,151

 

Vested

 

 

(82,000

)

Forfeited

 

 

(32,594

)

Outstanding and unvested - end of period

 

 

624,744

 

 

 

 

 

Cumulative vested shares - end of period

 

 

2,114,916

 

Summary of Stock-Based Compensation Expense Recognized in Statements of Operations Related to All Outstanding Stock Based Compensation Awards

Stock-based compensation expense recognized in the condensed consolidated statements of operations related to all outstanding stock based compensation awards is summarized below (in thousands):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

 

2021

 

Total direct costs

 

$

3,125

 

 

$

2,187

 

 

$

5,565

 

 

 

$

4,234

 

Selling, general and administrative

 

 

2,528

 

 

 

1,383

 

 

 

4,460

 

 

 

 

2,207

 

Total stock-based compensation expense

 

$

5,653

 

 

$

3,570

 

 

$

10,025

 

 

 

$

6,441