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