XML 106 R90.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Stock-Based Awards (Details) - Schedule of Stock Based Compensation Award Activity
3 Months Ended
Mar. 31, 2024
shares
RSA [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Beginning Balance 5,010,222
Granted 2,094,408
Vested (2,123,830)
Forfeited (54,794)
Ending Balance 4,926,006
RSU [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Beginning Balance 190,144
Granted 76,678
Vested (37,422)
Forfeited (1,949)
Ending Balance 227,451 [1]
PRSU [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Beginning Balance 1,174,092
Granted 727,238 [2]
Vested (507,488) [3]
Forfeited
Ending Balance 1,393,842
[1] Includes 58,012 deferred RSUs that have vested.
[2] Represents the target number of PRSUs granted and outstanding. The number of PRSUs that ultimately vest ranges from 0% to 200% of this amount. A Monte-Carlo simulation was used to value these awards using the following assumptions for the Company and the peer group: (i) beginning 90-day average stock prices; (ii) valuation date stock prices; (iii) historical stock price volatilities ranging from 27.57% to 37.91% (average 33.53%); (iv) correlation coefficients based upon the price data used to calculate the historical volatilities; (v) a risk free interest rate of 4.08%; and (vi) an expected dividend yield of 0.00%.
[3] The payout on PRSUs vesting in January 2024 was 200%.