Quarterly report pursuant to Section 13 or 15(d)

Benefit Plans (Tables)

v3.23.3
Benefit Plans (Tables)
9 Months Ended
Sep. 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 September 30, For the Nine Months Ended September 30,
  2023 2022 2023 2022
Risk-free interest rate 4.3% 2.9% 4.0% 1.6%
Expected life of options — years 3.76 2.71 3.80 3.52
Expected stock price volatility 42% 34% 32% 32%
Expected dividend yield 2.0% 1.3% 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 nine months ended September 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 (9) $ 4.59 
Forfeited, cancelled or expired (7) $ 5.86 
Outstanding as of September 30, 2023 127  $ 5.55  5.02 $ 20 
Exercisable as of September 30, 2023 84  $ 5.42  4.35 $ 19 
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 nine months ended September 30, 2023:
  Shares Grant Date
Fair Value Per Share
Nonvested as of December 31, 2022 85  $ 6.38 
Granted 45  $ 4.72 
Vested (26) $ 6.39 
Forfeited (11) $ 6.18 
Nonvested as of September 30, 2023 93  $ 5.64