Quarterly report pursuant to Section 13 or 15(d)

Employee Benefits and Compensation Plans (Tables)

v3.22.1
Employee Benefits and Compensation Plans (Tables)
3 Months Ended
Mar. 31, 2022
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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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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Market-

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Average Grant 

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Awards

    

Date Fair Value

    

Based Awards

    

Date Fair Value

    

Based Awards

    

Date Fair Value

Non-vested as of January 1, 2022

 

7,771,623

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$

27.02

 

1,841,113

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$

35.68

 

50,000

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$

59.43

Granted

 

4,818,563

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18.52

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1,857,750

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18.48

 

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Vested

 

(2,535,711)

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36.15

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(186,339)

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55.27

 

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Forfeited or expired

 

(84,504)

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24.49

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(292,043)

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35.59

 

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Non-vested as of March 31, 2022

 

9,969,971

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20.62

 

3,220,481

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24.63

 

50,000

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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):

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Three Months Ended

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March 31, 

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2022

    

2021

Payroll and related expense

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$

6,204

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$

4,965

Marketing, general and administrative expense

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26,588

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21,636

Total share-based compensation expense

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$

32,792

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$

26,601