Employee Stock Purchase and Stock Incentive Plans (Tables)

12 Months Ended

Dec. 31, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Stock Issuance Activity Under Employee Stock Purchase Plan

The following table summarizes the stock issuance activity under the Employee Stock Purchase Plan for the year ended December 31, 2023 (in thousands, except share data):

	December 31, 2023
Purchase price paid for shares sold	$	1,547
Number of shares sold	61,948

Summary of Status of Stock Options Exercised, Including Substantive Options and Information about Options Outstanding and Exercisable

A summary of the status of stock options exercised, including the substantive options discussed in Note 3, is as follows:

	Number of shares	Weighted Average Exercise Price
Outstanding at January 1, 2022	14,927	$	5.99
Granted	–	–
Exercised	(4,897)	5.97
Expired or cancelled	–	–
Outstanding at December 31, 2022	10,030	$	5.99
Granted	–	–
Exercised	(4,897)	5.97
Expired or cancelled	–	–
Outstanding at December 31, 2023	5,133	$	6.02

The following summarizes information about options outstanding and exercisable at December 31, 2023 and December 31, 2022:

	Options Outstanding and Exercisable
	Exercise Price		Total Outstanding	Weighted Average Remaining Life (Years)	Weighted Average Exercise Price		Total Exercisable
December 31, 2022	$	6.28	10,030	5.0	$	5.99	10,030
December 31, 2023	$	6.28	5,133	5.0	$	6.02	5,133

Summary of Activity of Restricted Shares Subject to Forfeiture

The following table summarizes the activity of restricted shares subject to forfeiture:

	Number of shares	Weighted Average Grant Price
Outstanding at January 1, 2022	2,218,283	13.74
Granted	456,418	16.47
Vested	(824,678)	13.92
Cancelled	(12,714)	15.10
Outstanding at December 31, 2022	1,837,309	14.33
Granted	734,042	28.91
Vested	(816,837)	12.54
Cancelled	(34,895)	20.71
Outstanding at December 31, 2023	1,719,619	18.78

Summary of Activity of Performance Stock Units Subject to Forfeiture

The following table summarizes the activity of performance stock units subject to forfeiture:

	Number of shares	Weighted Average Grant Price
Outstanding at January 1, 2023	447,429	12.95
Granted	245,710	22.94
Vested	–	–
Cancelled	–	–
Outstanding at December 31, 2023	693,139	16.49

Summary of Future Expense of Unvested Awards

The future expense of the unvested awards by year is as follows (in thousands):

2024	$	16,727
2025	7,947
2026	1,191
2027	21
2028	–
Total	$	25,886