Quarterly report pursuant to Section 13 or 15(d)

Employee Benefits and Compensation Plans (Tables)

v3.22.2
Employee Benefits and Compensation Plans (Tables)
6 Months Ended
Jun. 30, 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

 

4,890,659

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18.56

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1,857,750

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18.48

 

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Vested

 

(2,553,746)

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36.06

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(186,339)

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55.27

 

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Forfeited or expired

 

(175,506)

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22.96

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(292,043)

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35.59

 

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—

Non-vested as of June 30, 2022

 

9,933,030

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20.61

 

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

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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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Six Months Ended

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June 30, 

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June 30, 

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2022

    

2021

    

2022

    

2021

Payroll and related expense

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$

5,732

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$

4,735

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$

11,936

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$

9,700

Marketing, general and administrative expense

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24,316

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17,716

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50,904

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39,352

Total share-based compensation expense

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$

30,048

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$

22,451

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$

62,840

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$

49,052