Annual report pursuant to Section 13 and 15(d)

Benefit Plans (Tables)

v3.22.0.1
Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2021
Retirement Benefits [Abstract]  
Schedule of Fair Value of Options Granted
The following table summarizes the weighted-average assumptions used to compute the fair value of options granted to employees, members of our board of directors and non-employees:
  For the Years Ended December 31,
  2021 2020 2019
Risk-free interest rate 0.6% 1.0% 2.4%
Expected life of options — years 6.06 3.91 3.41
Expected stock price volatility 33% 28% 26%
Expected dividend yield 1.0% 0.8% 0.8%
Schedule of Stock Options Activity Under Share-based Payment Plans
The following table summarizes stock option activity under our share-based plans for the years ended December 31, 2021, 2020 and 2019:
  Options Weighted-Average
Exercise Price
Per Share
Weighted-Average
Remaining
Contractual Term (Years)
Aggregate
Intrinsic
Value
Outstanding at the beginning of January 1, 2019 243  $ 4.22 
Awards granted in connection with acquisition $ 3.85 
Granted 15  $ 6.10 
Exercised (53) $ 3.65 
Forfeited, cancelled or expired (4) $ 5.58 
Outstanding as of December 31, 2019 208  $ 4.46 
Granted 11  $ 6.87 
Exercised (33) $ 3.66 
Forfeited, cancelled or expired (2) $ 6.28 
Outstanding as of December 31, 2020 184  $ 4.73 
Granted 54  $ 6.14 
Exercised (72) $ 3.98 
Forfeited, cancelled or expired (5) $ 6.73 
Outstanding as of December 31, 2021 161  $ 5.47  5.74 $ 156 
Exercisable as of December 31, 2021 101  $ 5.01  4.92 $ 144 
Schedule of Restricted Stock Unit and Stock Award Activity
The following table summarizes the restricted stock unit, including PRSU, activity under our share-based plans for the years ended December 31, 2021, 2020 and 2019:
  Shares Grant Date
Fair Value Per Share
Nonvested at the beginning of January 1, 2019 35  $ 5.50 
Awards granted in connection with acquisition 48  $ 5.83 
Granted 38  $ 6.01 
Vested (38) $ 5.53 
Forfeited (8) $ 5.85 
Nonvested as of December 31, 2019 75  $ 5.95 
Granted 37  $ 6.14 
Vested (32) $ 5.89 
Forfeited (5) $ 6.00 
Nonvested as of December 31, 2020 75  $ 6.06 
Granted 40  $ 6.35 
Vested (26) $ 6.02 
Forfeited (9) $ 6.11 
Nonvested as of December 31, 2021 80  $ 6.22