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SHARE-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2023

A summary of stock option activity under the Plans during the six months ended June 30, 2023 is presented below:


	Number of Options	Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Term (Years)	Weighted-Average Grant Date Fair Value
Outstanding at December 31, 2022	711,050	$	11.56	6.26	$	4.28
Granted	—	$	—		$	—
Exercised	(67,250)	$	12.22		$	4.96
Forfeited	(11,250)	$	14.07		$	6.54
Outstanding at June 30, 2023	632,550	$	11.44	5.73	$	4.17

Exercisable at June 30, 2023	531,300	$	11.03	5.56	$	3.99

A summary of RSU activity during the six months ended June 30, 2023 is presented below:


	Number of RSUs	Weighted-Average Grant Price
Outstanding (nonvested) at December 31, 2022	316,902	$	16.58
Granted(1)	175,121	$	24.80
Vested	(101,700)	$	17.36
Forfeited	(17,319)	$	19.40
Outstanding (nonvested) at June 30, 2023	373,004	$	20.10

(1) The aggregate fair value of all RSUs granted during the six months ended June 30, 2023 was approximately $4.3 million.

A summary of RSA activity during the six months ended June 30, 2023 is presented below:


	Number of RSAs	Weighted-Average Grant Price
Outstanding (nonvested) at December 31, 2022	159,562	$	15.28
Granted(1)	80,402	$	25.68
Vested	(47,984)	$	15.68
Forfeited	—	$	—
Outstanding (nonvested) at June 30, 2023	191,980	$	19.53

(1) The aggregate fair value of all RSAs granted during the six months ended June 30, 2023 was approximately $2.1 million.

A summary of PSU activity during the six months ended June 30, 2023 is presented below:


	Number of PSUs	Weighted-Average Remaining Contractual Term (Years)	Weighted-Average Grant Price
Outstanding (nonvested) at December 31, 2022	300,871	8.63	$	17.30
Granted(1)	318,386		$	19.49
Vested	—		$	—
Forfeited	—		$	—
Outstanding (nonvested) at June 30, 2023	619,257	8.37	$	18.43

(1) The aggregate fair value of all PSUs granted during the six months ended June 30, 2023 was approximately $6.2 million.