Equity Incentive Plans (Tables)

12 Months Ended

Dec. 31, 2022

Share-Based Payment Arrangement [Abstract]

Recognized Compensation Expenses

The Company recognized compensation expense related to the Company plans for the years ended December 31, 2022, 2021 and 2020 as follows (in thousands):

	2022		2021		2020
Stock option plan expense	$	552	$	760	$	1,141
Restricted stock expense	$	15,652	$	18,439	$	22,755

Summary of Options Activity

A summary of the activity of the Company’s stock options plans is presented below:

	Shares			Wtd. Avg. Exercise Price		Wtd. Avg. Remaining Contractual Term (years)		Aggregate Intrinsic Value
	(In thousands)							(In thousands)
Options outstanding at January 1, 2022		1,847		$	19.92		6.23	$	73
Granted		342			5.76
Exercised		(10	)		7.52
Forfeited/Canceled		(294	)		16.07
Options outstanding at December 31, 2022		1,885		$	18.03		5.93	$	2,374
Options vested and expected to vest at December 31, 2022		1,826		$	18.37		5.85	$	2,141
Options exercisable at December 31, 2022		1,200		$	22.94		4.63	$	212

The following table summarizes information relative to stock option activity during the years ended December 31, 2022, 2021 and 2020 (in thousands):

	2022		2021		2020
Intrinsic value of options exercised	$	24	$	-	$	-
Fair value of shares vested	$	600	$	925	$	1,061

Exercise Prices and Related Information of Stock Option Outstanding

The following table summarizes information about the exercise prices and related information of stock options outstanding under the Company plans at December 31, 2022:

	Options Outstanding						Options Exercisable
Exercise Prices ($)	Number Outstanding		Wtd. Avg. Remaining Contractual Life		Wtd. Avg. Exercise Price		Number Exercisable		Wtd. Avg. Remaining Contractual Life		Wtd. Avg. Exercise Price
	(In thousands)
0-18.23		849		8.11	$	9.46		214		7.33	$	12.58
18.24-22.26		439		4.02	$	20.95		439		4.02	$	20.95
22.27-29.39		359		4.40	$	25.31		309		4.07	$	25.74
29.40-45.00		238		4.06	$	32.27		238		4.06	$	32.27
Total		1,885		5.93	$	18.03		1,200		4.63	$	22.94

Summary of Non-vested Stock Option Activity

The following table summarizes the status of non-vested stock options as of December 31, 2022 and changes during the year ended December 31, 2022:

	Number of Shares			Wtd. Avg. Grant Date Fair Value
	(In thousands)
Options non-vested at January 1, 2022		682		$	1.79
Granted		342			2.49
Vested		(258	)		2.32
Forfeited		(294	)		2.70
Options non-vested at December 31, 2022		472		$	1.89

Summary of Restricted Stock Activity

The following table summarizes the status of restricted stock awards as of December 31, 2022 and changes during the year ended December 31, 2022:

	Shares			Wtd. Avg. Grant Date Fair value
	(In thousands)
Restricted stock outstanding at January 1, 2022		2,619		$	12.53
Granted		1,836			6.15
Vested		(807	)		16.27
Forfeited/Canceled		(53	)		9.51
Restricted stock outstanding at December 31, 2022		3,595		$	8.28