Quarterly report [Sections 13 or 15(d)]

Employee Benefits and Compensation Plans (Tables)

v3.25.1
Employee Benefits and Compensation Plans (Tables)
3 Months Ended
Mar. 31, 2025
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, 2025

 

8,923,718

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$

17.68

 

2,265,422

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$

18.04

Granted

 

4,584,289

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22.01

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1,107,504

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21.95

Vested

 

(4,248,668)

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17.52

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(376,068)

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18.48

Forfeited or expired

 

(184,920)

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18.15

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(243,556)

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17.04

Non-vested as of March 31, 2025

 

9,074,419

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19.93

 

2,753,302

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19.65

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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2025

    

2024

Payroll and related expense

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$

4,824

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$

4,614

Marketing, general and administrative expense

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15,457

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17,334

Total share-based compensation expense

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$

20,281

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$

21,948

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