Quarterly report pursuant to Section 13 or 15(d)

Employee Benefits and Compensation Plans (Tables)

v3.24.3
Employee Benefits and Compensation Plans (Tables)
9 Months Ended
Sep. 30, 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

 

4,673,132

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​

19.25

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945,040

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​

19.29

Vested

 

(4,308,167)

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​

18.85

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(334,888)

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​

31.78

Forfeited or expired

 

(433,687)

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17.27

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(147,636)

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​

16.69

Non-vested as of September 30, 2024

 

9,014,398

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​

17.67

 

2,602,650

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​

17.93

Schedule of summary of option activity

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Weighted-

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Number of Share Option Awards

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Weighted-Average Exercise Price

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Average

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Aggregate

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Time-

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Performance-

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Time-

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Performance-

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Contractual

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Intrinsic

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Based

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Based

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Based

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Based

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Term

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Value

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Awards

    

Awards

    

Awards

    

Awards

    

(years)

    

(in thousands)

Outstanding as of January 1, 2024

 

3,524,856

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114,583

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$

52.98

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$

59.43

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1.26

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$

—

Forfeited and cancelled

 

(1,057,038)

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(114,583)

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50.93

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59.43

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​

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Outstanding as of September 30, 2024

 

2,467,818

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—

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53.85

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—

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0.79

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—

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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Nine Months Ended

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September 30, 

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September 30, 

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2024

    

2023

    

2024

    

2023

Payroll and related expense

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$

4,855

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$

4,592

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$

14,546

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$

13,925

Marketing, general and administrative expense

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15,783

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18,971

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51,024

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82,329

Total share-based compensation expense

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$

20,638

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$

23,563

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$

65,570

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$

96,254

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