Stock-Based Compensation and Equity (Tables)
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12 Months Ended |
Dec. 31, 2022 |
| Share-Based Payment Arrangement [Abstract] |
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| Summary of the SAR Activity |
A summary of the Rollover SARs activity for the years ended December 31, 2022 and 2021 is presented below: | | | | | | | | | | | | | | | | | | | | | | | | | Rollover SARs | | Weighted Average Exercise Price Per Share | | Weighted Average Remaining Contractual Life (Years) | | Aggregate Intrinsic Value (in millions) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Outstanding, December 31, 2020 | 2,474,011 | | | 17.59 | | | 6.60 | | 7.8 | | | Forfeited | (409,566) | | | 18.50 | | | | | | | Exercised | (59,733) | | | 9.32 | | | | | | | Outstanding, December 31, 2021 | 2,004,712 | | | 17.65 | | | 5.62 | | — | | | Forfeited | (608,481) | | | 18.47 | | | | | | Exercised | (56,808) | | | 7.36 | | | | | | Outstanding, December 31, 2022 | 1,339,423 | | | 17.71 | | | 4.67 | | — | | | | | | | | | | | Exercisable at December 31, 2022 | 1,339,423 | | | $ | 17.71 | | | 4.67 | | — | |
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| Summary of Restricted Stock Unit Activity |
The following summarizes information about RSU transactions for the year ended December 31, 2022: | | | | | | | | | | | | | | | | | | Units | | Weighted Average Grant-Date Fair Value per Unit | | Unvested at December 31, 2021 | | 9,570,667 | | | $ | 16.12 | | | | | | | | Granted | | 5,359,600 | | | 6.56 | | | Vested | | (2,913,544) | | | 17.14 | | | Forfeited | | (2,421,196) | | | 15.98 | | | Unvested at December 31, 2022 | | 9,595,527 | | | 11.60 | |
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| Summary of Performance Stock Unit Activity |
The following summarizes information about PSU transactions for the year ended December 31, 2022: | | | | | | | | | | | | | | | | | | Units | | Weighted Average Grant-Date Fair Value per Unit | | Unvested at December 31, 2021 | | 9,643,666 | | | $ | 17.23 | | | | | | | | Granted | | 4,793,506 | | | 7.31 | | | Vested | | (4,022,778) | | | 19.56 | | | Forfeited | | (1,463,623) | | | 14.15 | | | Unvested at December 31, 2022 | | 8,950,771 | | | 11.31 | |
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| Schedule of Stock-Based Compensation Expense |
Stock-based compensation expense in connection with all stock-based awards for the years ended December 31, 2022, 2021 and 2020 is allocated as follows (in thousands): | | | | | | | | | | | | | | | | | | | | Year ended December 31, | | | 2022 | | 2021 | | 2020 | | Operating expenses | $ | 7,892 | | | $ | 16,567 | | | $ | 20,157 | | | Selling expenses | 39,584 | | | 103,239 | | | 101,623 | | | General and administrative expenses | 31,258 | | | 46,622 | | | 76,433 | | | Total stock-based compensation | $ | 78,734 | | | $ | 166,428 | | | $ | 198,213 | |
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