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Common Stock and Stock-Based Awards Plans (Tables)
9 Months Ended
Sep. 30, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule Of Unrecognized Compensation Cost And Remaining Weighted-Average Amortization Stock-Based Awards

As of September 30, 2023, the unrecognized compensation cost and remaining weighted-average amortization period related to stock-based awards were as follows:

 

(in thousands)

 

Restricted
Stock Units

 

 

Performance-
based
Restricted
Stock Units
(1)

 

Unrecognized compensation cost

 

$

25,713

 

 

$

5,997

 

Remaining weighted-average amortization period

 

2.7 years

 

 

1.9 years

 

 

(1) Based on the probable achievement of the performance goals identified in each award.

Employee Stock Option  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of Stock Options

The following table summarizes activities relating to the Company’s stock options:

 

(in thousands, except per share data)

 

Number of
Options

 

 

Weighted-
Average
Exercise
Price

 

 

Weighted-
Average
Remaining
Contractual
Term
(Years)

 

 

Aggregate
Intrinsic
Value

 

Outstanding as of December 31, 2022

 

 

57

 

 

$

21.85

 

 

 

 

 

 

 

Exercised

 

 

(11

)

 

 

17.37

 

 

 

 

 

 

 

Forfeited or expired

 

 

(2

)

 

 

18.66

 

 

 

 

 

 

 

Outstanding and exercisable as of September 30, 2023

 

 

44

 

 

$

23.07

 

 

 

1.0

 

 

$

53

 

Restricted Stock Units (RSUs) [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of Stock-Based Awards

The following table summarizes the activities related to the Company’s time-based restricted stock units:

 

(in thousands, except per share data)

 

Number of
Units

 

 

Weighted-
Average
Grant Date
Fair Value

 

Non-vested awards outstanding as of December 31, 2022

 

 

1,185

 

 

$

26.93

 

Granted

 

 

720

 

 

 

24.12

 

Vested

 

 

(479

)

 

 

26.92

 

Forfeited

 

 

(136

)

 

 

25.94

 

Non-vested awards outstanding as of September 30, 2023

 

 

1,290

 

 

$

25.47

 

Performance-Based Restricted Stock Units [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of Stock-Based Awards

The following table summarizes the activities related to the Company’s performance-based restricted stock units:

 

 

 

 

 

 

Weighted-

 

 

 

 

 

 

Average

 

 

 

Number of

 

 

Grant Date

 

(in thousands, except per share data)

 

Units

 

 

Fair Value

 

Non-vested units outstanding as of December 31, 2022

 

 

545

 

 

$

27.62

 

Granted(1)

 

 

244

 

 

 

25.30

 

Vested

 

 

(242

)

 

 

28.30

 

Forfeited

 

 

(105

)

 

 

26.98

 

Non-vested units outstanding as of September 30, 2023

 

 

442

 

 

$

26.12

 

 

(1) Represents target number of units that can vest based on the achievement of the performance goals.