Quarterly report pursuant to Section 13 or 15(d)

Employee Benefits and Compensation Plans (Tables)

v3.24.1.u1
Employee Benefits and Compensation Plans (Tables)
3 Months Ended
Mar. 31, 2024
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of summary of restricted share unit activity

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Number of

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Weighted-

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Number of

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Weighted-

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Time-Based

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Average Grant

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Performance-

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Average Grant

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Awards

    

Date Fair Value

    

Based Awards

    

Date Fair Value

Non-vested as of January 1, 2024

 

9,083,120

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$

17.39

 

2,140,134

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$

19.41

Granted

 

4,619,945

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19.27

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945,040

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19.29

Vested

 

(4,288,932)

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18.84

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(334,888)

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31.78

Forfeited or expired

 

(113,048)

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17.44

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—

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—

Non-vested as of March 31, 2024

 

9,301,085

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17.66

 

2,750,286

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17.86

Schedule of compensation expense recognized for share-based compensation

The compensation expense recognized for share-based compensation for the periods presented include the following (in thousands):

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Three Months Ended

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March 31, 

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2024

    

2023

Payroll and related expense

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$

4,614

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$

4,457

Marketing, general and administrative expense

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17,334

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23,698

Total share-based compensation expense

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$

21,948

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$

28,155

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