Quarterly report pursuant to Section 13 or 15(d)

Employee Benefits and Compensation Plans (Tables)

v3.22.2.2
Employee Benefits and Compensation Plans (Tables)
9 Months Ended
Sep. 30, 2022
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
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, 2022

 

7,771,623

​

$

27.02

 

1,841,113

​

$

35.68

 

50,000

​

$

59.43

Granted

 

4,890,659

​

​

18.56

​

1,857,750

​

​

18.48

 

—

​

​

—

Vested

 

(4,927,151)

​

​

25.18

​

(520,129)

​

​

28.39

 

—

​

​

—

Forfeited or expired

 

(287,949)

​

​

24.07

​

(292,043)

​

​

35.59

 

—

​

​

—

Non-vested as of September 30, 2022

 

7,447,182

​

​

22.80

 

2,886,691

​

​

25.93

 

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

​

Nine Months Ended

​

​

September 30, 

​

September 30, 

​

    

2022

    

2021

    

2022

    

2021

Payroll and related expense

​

$

4,677

​

$

6,525

​

$

16,613

​

$

16,225

Marketing, general and administrative expense

​

 

21,406

​

 

33,397

​

 

72,310

​

 

72,749

Total share-based compensation expense

​

$

26,083

​

$

39,922

​

$

88,923

​

$

88,974