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Equity-based Compensation Plans
3 Months Ended
Mar. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Equity-based Compensation Plans Equity-based Compensation Plans
Restricted Stock Units (“RSU”s)
RSU activity for the three months ended March 31, 2023 is as follows:
Outstanding RSUs
(in thousands, except unit price)Number of RSUsWeighted Average Grant-
Date Fair Value
December 31, 202235,178 $19.29 
Granted4,205 $15.29 
Vested(3,096)$22.35 
Forfeited / cancelled(936)$21.23 
March 31, 202335,351 $18.49 
Equity-based Compensation Expense
The following table presents the effects of equity-based compensation in the condensed consolidated statements of operations:
Three Months Ended March 31,
(in thousands)20232022
Cost of sales$3,558 $3,985 
Operating, general and administrative66,341 51,608 
Total$69,899 $55,593