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Equity-based Compensation Plans
6 Months Ended
Jun. 30, 2023
Share-Based Payment Arrangement [Abstract]  
Equity-based Compensation Plans Equity-based Compensation Plans
Restricted Stock Units (“RSU”s)
RSU activity for the six months ended June 30, 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 
Granted19,682 $15.97 
Vested(6,065)$21.11 
Forfeited / cancelled(2,040)$20.97 
June 30, 202346,755 $17.58 
Equity-based Compensation Expense
The following table presents the effects of equity-based compensation in the condensed consolidated statements of operations:
Three Months Ended June 30,Six Months Ended June 30,
(in thousands)2023202220232022
Cost of sales$3,357 $3,887 $6,915 $7,872 
Operating, general and administrative83,047 69,029 149,388 120,637 
Total$86,404 $72,916 $156,303 $128,509