Quarterly report pursuant to Section 13 or 15(d)

Employee Benefits and Compensation Plans (Tables)

v3.21.2
Employee Benefits and Compensation Plans (Tables)
6 Months Ended
Jun. 30, 2021
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of summary of option activity

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Weighted-

​

​

​

​

Number of Share Option Awards

​

Weighted-Average Exercise Price

​

Average

​

Aggregate

​

​

Time-

​

Performance-

​

Market-

​

Time-

​

Performance-

​

Market-

​

Contractual

​

Intrinsic

​

​

Based

​

Based

​

Based

​

Based

​

Based

​

Based

​

Term

​

Value

​

    

Awards

    

Awards

    

Awards

    

Awards

    

Awards

    

Awards

    

(years)

    

(in thousands)

Outstanding as of January 1, 2021

 

4,525,207

​

114,583

 

208,333

​

$

51.96

​

$

59.43

​

$

59.43

 

4.42

​

$

—

Forfeited and cancelled

 

(26,833)

​

—

 

—

​

​

53.62

​

​

—

​

​

—

​

​

​

 

  

Outstanding as of June 30, 2021

 

4,498,374

​

114,583

 

208,333

​

​

51.95

​

​

59.43

​

​

59.43

​

3.93

​

​

—

Schedule of summary of restricted share unit activity

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Number of

​

Weighted-

​

Number of

​

Weighted-

​

Number of

​

Weighted-

​

​

Time-Based

​

Average Grant

​

Performance-

​

Average Grant

​

Market-

​

Average Grant 

​

    

Awards

    

Date Fair Value

    

Based Awards

    

Date Fair Value

    

Based Awards

    

Date Fair Value

Non-vested as of January 1, 2021

 

6,663,925

​

$

30.54

 

1,565,184

​

$

39.42

 

50,000

​

$

59.43

Granted

 

3,124,241

​

​

30.92

​

736,898

​

​

40.89

 

—

​

​

—

Vested

 

(1,743,479)

​

​

47.01

​

(460,969)

​

​

56.73

 

—

​

​

—

Forfeited or expired

 

(131,969)

​

​

26.48

​

—

​

​

—

 

—

​

​

—

Non-vested as of June 30, 2021

 

7,912,718

​

​

27.13

 

1,841,113

​

​

35.68

 

50,000

​

​

59.43

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):

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended

​

Six Months Ended

​

​

June 30, 

​

June 30, 

​

    

2021

    

2020

    

2021

    

2020

Payroll and related expense

​

$

4,735

​

$

5,029

​

$

9,700

​

$

9,731

Marketing, general and administrative expense

​

 

17,716

​

 

17,360

​

 

39,352

​

 

45,416

Total share-based compensation expense

​

$

22,451

​

$

22,389

​

$

49,052

​

$

55,147