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Stock-Based Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-based Compensation, Restricted Stock Units Award Activity The following table summarizes information about RSUs:
20222021
SharesWeighted average fair valueSharesWeighted average fair value
Outstanding - beginning of the year5,738,293 $6.95 6,560,372 $6.27 
Granted5,280,429 4.82 2,100,126 8.36 
Vested(2,221,027)6.10 (2,504,189)6.72 
Forfeited(1,599,940)4.69 (418,016)6.61 
Outstanding - end of the year7,197,755 $6.09 5,738,293 $6.95 
Schedule of Share-based Compensation, Performance Stock Units Award Activity
The following table summarizes share information about PSUs:
20222021
SharesWeighted average fair valueSharesWeighted average fair value
Outstanding - beginning of the year1,009,091 $6.60 1,730,002 $9.31 
Vested(197,471)6.73 (287,109)9.33 
Forfeited  (433,802)9.33 
Outstanding - end of the year811,620 $9.57 1,009,091 $6.60 
Schedule of Share-based Compensation, Stock Options, Activity
The following table summarizes information about stock option activity:
20222021
SharesPer share weighted average exercise pricesSharesPer share weighted average exercise prices
Options outstanding - beginning of the year11,120,069 $10.65 12,814,365 $11.81 
Granted  737,842 8.48 
Exercised  (777,429)6.11 
Canceled(93,021)8.09 (604,101)11.71 
Expired(1,000,000)18.29 (1,050,608)25.85 
Options outstanding - end of the year10,027,048 $9.91 11,120,069 $10.65 
Options exercisable - end of the year8,912,286 $10.42 8,853,859 $11.94 
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range
The following table provides additional information about stock options outstanding and exercisable at December 31, 2022:
Options OutstandingOptions Exercisable
Range of per share exercise pricesSharesPer share weighted-average exercise priceWeighted-average remaining contractual lifeSharesPer share weighted-average exercise priceWeighted-average remaining contractual life
$3.98 - $7.24
4,605,995 $5.14 6.5 years3,905,829 $5.31 6.4 years
$8.21 - $13.16
3,674,457 $12.05 5.1 years3,259,861 $12.49 4.8 years
$16.82 - $23.94
1,746,596 $17.94 2.5 years1,746,596 $17.94 2.5 years
10,027,048 $9.91 5.3 years8,912,286 $10.42 5.0 years
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The following table lists the weighted average of assumptions used to calculate the fair value of stock options granted:
Years Ended December 31,
20212020
Expected dividend yield2.4 %5.0 %
Expected stock price volatility70.0 %43.0 %
Risk-free interest rate1.1 %1.5 %
Expected life7 years7 years
Weighted-average fair value per option granted$4.53$1.01
Fair value of options granted$3,342$2,830