XML 44 R31.htm IDEA: XBRL DOCUMENT v3.23.1
Stock-Based Compensation Expense (Tables)
3 Months Ended
Mar. 31, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs Stock-based compensation expense before income tax expense for the three-month periods ended March 31, 2023 and 2022 consisted of the following (in thousands):

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended

​

​

​

March 31, 

​

    

    

2023

    

2022

Cost of sales

​

​

​

​

​

​

​

Nonqualified stock options

​

​

$

441

​

$

588

Research and development

​

​

 

​

​

​

​

Nonqualified stock options

​

​

​

428

​

 

486

Selling, general and administrative

​

​

 

​

​

​

​

Nonqualified stock options

​

​

​

1,370

​

 

1,924

Performance-based restricted stock units

​

​

​

815

​

​

815

Restricted stock units

​

​

​

444

​

​

399

Cash-settled performance-based share-based awards ("Liability Awards")

​

​

​

471

​

​

430

Total selling, general and administrative

​

​

​

3,100

​

​

3,568

​

​

​

​

​

​

​

​

Stock-based compensation expense before taxes

​

​

$

3,969

​

$

4,642

​

Stock Options  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

​

​

​

​

​

​

​

​

Three Months Ended

​

​

March 31, 

​

​

2023

​

2022

Risk-free interest rate

    

3.7% - 4.5%

  

1.4% - 1.8%

Expected option term

 

4.0 years

 

4.0 years

Expected dividend yield

 

—

 

—

Expected price volatility

 

47.1%

  

46.2% - 46.6%

​

Stock-Settled Performance-Based Restricted Stock Units  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

​

​

​

​

​

​

​

​

Three Months Ended

​

​

March 31, 

​

​

2023

​

2022

Risk-free interest rate

    

4.6%

  

1.6%

Performance period

 

2.8 years

 

2.8 years

Expected dividend yield

 

—

 

—

Expected price volatility

 

32.6%

  

42.6%

​