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Common Stock and Stock-Based Awards (Tables)
12 Months Ended
Dec. 31, 2023
Employee Stock Option  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of Stock Options

The following table summarizes the activities related to the Company's stock options:

 

(in thousands, except per share data and years)

 

Number of
Options

 

 

Weighted-
Average
Exercise
Price

 

 

Weighted-
Average
Remaining
Contractual
Term (Years)

 

 

Aggregate
Intrinsic
Value

 

Outstanding as of December 31, 2020

 

 

188

 

 

$

19.98

 

 

 

 

 

 

 

Exercised

 

 

(54

)

 

 

19.77

 

 

 

 

 

 

 

Forfeited or expired

 

 

(2

)

 

 

20.16

 

 

 

 

 

 

 

Outstanding as of December 31, 2021

 

 

132

 

 

$

20.06

 

 

 

 

 

 

 

Exercised

 

 

(53

)

 

 

17.16

 

 

 

 

 

 

 

Forfeited or expired

 

 

(22

)

 

 

22.36

 

 

 

 

 

 

 

Outstanding as of December 31, 2022

 

 

57

 

 

$

21.85

 

 

 

 

 

 

 

Exercised

 

 

(17

)

 

 

19.52

 

 

 

 

 

 

 

Forfeited or expired

 

 

(3

)

 

 

20.11

 

 

 

 

 

 

 

Outstanding and exercisable as of December 31, 2023

 

 

37

 

 

$

23.07

 

 

 

0.7

 

 

$

169

 

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, 2020

 

 

1,026

 

 

$

27.35

 

Granted

 

 

503

 

 

 

28.52

 

Vested

 

 

(377

)

 

 

26.77

 

Forfeited

 

 

(95

)

 

 

28.47

 

Non-vested awards outstanding as of December 31, 2021

 

 

1,057

 

 

$

28.02

 

Granted

 

 

616

 

 

 

25.90

 

Vested

 

 

(407

)

 

 

28.08

 

Forfeited

 

 

(81

)

 

 

27.44

 

Non-vested awards outstanding as of December 31, 2022

 

 

1,185

 

 

$

26.93

 

Granted

 

 

724

 

 

 

24.13

 

Vested

 

 

(490

)

 

 

26.92

 

Forfeited

 

 

(173

)

 

 

25.91

 

Non-vested awards outstanding as of December 31, 2023

 

 

1,246

 

 

$

25.43

 

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:

 

(in thousands, except per share data)

 

Number of
Units

 

 

Weighted-
Average
Grant Date
Fair Value

 

Non-vested awards outstanding as of December 31, 2020

 

 

368

 

 

$

27.93

 

Granted(1)

 

 

234

 

 

 

28.60

 

Forfeited

 

 

(60

)

 

 

29.38

 

Non-vested awards outstanding as of December 31, 2021

 

 

542

 

 

$

28.06

 

Granted(1)

 

 

177

 

 

 

25.97

 

Forfeited

 

 

(174

)

 

 

27.29

 

Non-vested awards outstanding as of December 31, 2022

 

 

545

 

 

$

27.62

 

Granted(1)

 

 

244

 

 

 

25.30

 

Vested

 

 

(242

)

 

 

28.30

 

Forfeited

 

 

(105

)

 

 

26.98

 

Non-vested awards outstanding as of December 31, 2023

 

 

442

 

 

$

26.12

 

 

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