Quarterly report pursuant to Section 13 or 15(d)

Benefit Plans (Tables)

v3.23.2
Benefit Plans (Tables)
6 Months Ended
Jun. 30, 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 Three Months Ended June 30, For the Six Months Ended June 30,
  2023 2022 2023 2022
Risk-free interest rate 3.6% 3.0% 4.0% 1.5%
Expected life of options — years 3.80 3.89 3.80 3.60
Expected stock price volatility 34% 32% 31% 32%
Expected dividend yield 2.6% 1.4% 2.0% 1.3%
Schedule of Stock Options Activity Under Share-based Payment Plans
The following table summarizes stock option activity under our share-based plans for the six months ended June 30, 2023:
  Options Weighted-Average
Exercise Price
Per Share
Weighted-Average
Remaining
Contractual Term (Years)
Aggregate
Intrinsic
Value
Outstanding as of December 31, 2022 134  $ 5.55 
Granted $ 4.92 
Exercised (2) $ 3.52 
Forfeited, cancelled or expired (7) $ 5.83 
Outstanding as of June 30, 2023 134  $ 5.53  5.11 $ 23 
Exercisable as of June 30, 2023 90  $ 5.39  4.38 $ 22 
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 six months ended June 30, 2023:
  Shares Grant Date
Fair Value Per Share
Nonvested as of December 31, 2022 85  $ 6.38 
Granted 12  $ 4.49 
Vested (10) $ 6.65 
Forfeited (9) $ 6.23 
Nonvested as of June 30, 2023 78  $ 6.13