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Stock-Based Compensation
6 Months Ended
Jun. 30, 2022
Share-based Payment Arrangement [Abstract]  
STOCK-BASED COMPENSATION STOCK-BASED COMPENSATION
    The Company has stock incentive plans for executives, directors and eligible employees. Stock awards include performance shares, restricted stock and stock options. Stock-based compensation expense in the three and six months ended June 30, 2022 was $2.3 million and $4.6 million, respectively, compared to $3.3 million and $7.5 million in the three and six months ended June 30, 2021. At June 30, 2022, there was $11.8 million of unrecognized stock-based compensation cost which is expected to be recognized over a weighted-average remaining vesting period of 1.7 years.
    The following table summarizes the grants awarded during the six months ended June 30, 2022:
Grant dateRestricted
stock
Grant date fair
value of
restricted stock
Performance
shares
Grant date fair
value of
performance
shares
February 22, 20221,700,619 $4.21 1,067,118 $4.38 
May 16, 2022157,349 $3.39 59,010 $4.38