Annual report pursuant to Section 13 and 15(d)

Benefit Plans (Tables)

v3.24.0.1
Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2023
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,
  2023 2022 2021
Risk-free interest rate 4.0% 2.0% 0.6%
Expected life of options — years 3.8 3.40 6.06
Expected stock price volatility 32% 31% 33%
Expected dividend yield 2.0% 1.3% 1.0%
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, 2023, 2022 and 2021:
  Options Weighted-Average
Exercise Price
Per Share
Weighted-Average
Remaining
Contractual Term (Years)
Aggregate
Intrinsic
Value
Outstanding at the beginning of January 1, 2021 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 
Granted 11  $ 6.46 
Exercised (35) $ 4.31 
Forfeited, cancelled or expired (3) $ 6.52 
Outstanding as of December 31, 2022 134  $ 5.55 
Granted $ 4.92 
Exercised (12) $ 4.33 
Forfeited, cancelled or expired (9) $ 5.91 
Outstanding as of December 31, 2023 122  $ 5.60  4.88 $ 40 
Exercisable as of December 31, 2023 80  $ 5.50  4.29 $ 36 
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, 2023, 2022 and 2021:
  Shares Grant Date
Fair Value Per Share
Nonvested at the beginning of January 1, 2021 75  $ 6.06 
Granted 40  $ 6.35 
Vested (26) $ 6.02 
Forfeited (9) $ 6.11 
Nonvested as of December 31, 2021 80  $ 6.22 
Granted 46  $ 6.55 
Vested (32) $ 6.18 
Forfeited (9) $ 6.36 
Nonvested as of December 31, 2022 85  $ 6.38 
Granted 47  $ 4.72 
Vested (31) $ 6.39 
Forfeited (12) $ 6.15 
Nonvested as of December 31, 2023 89  $ 5.59