Share-Based Compensation (Tables)
|
6 Months Ended |
Jun. 30, 2024 |
|---|
| Share-Based Payment Arrangement [Abstract] |
|
| Summary of Performance-Based Stock Option Activity |
Performance-based stock option activity was as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares |
|
|
Weighted
Average
Exercise
Price
(per share) |
|
|
Weighted
Average
Remaining
Contractual
Term
(in years) |
|
|
Aggregate
Intrinsic
Value
(in millions) |
|
Outstanding at December 31, 2023 |
|
|
1,754,781 |
|
|
$ |
65.26 |
|
|
|
6.4 |
|
|
$ |
3.3 |
|
Granted |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
Exercised |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
Forfeited or expired |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
Outstanding at June 30, 2024 |
|
|
1,754,781 |
|
|
$ |
65.26 |
|
|
|
5.9 |
|
|
$ |
— |
|
Exercisable at June 30, 2024 |
|
|
1,004,781 |
|
|
$ |
65.26 |
|
|
|
5.9 |
|
|
$ |
— |
|
|
| Summary of Performance Stock Units |
PSU activity was as follows:
|
|
|
|
|
|
|
Shares |
|
Outstanding at December 31, 2023 |
|
|
778,024 |
|
Granted |
|
|
793,447 |
|
Vested and released |
|
|
(336,513 |
) |
Forfeited or canceled |
|
|
(112,925 |
) |
Outstanding at June 30, 2024 |
|
|
1,122,033 |
|
Releasable at June 30, 2024 |
|
|
— |
|
|
| Summary of Restricted Stock Units Activity |
RSU activity was as follows:
|
|
|
|
|
|
|
Shares |
|
Outstanding at December 31, 2023 |
|
|
3,245,092 |
|
Granted |
|
|
2,089,540 |
|
Vested and released |
|
|
(1,078,586 |
) |
Forfeited or canceled |
|
|
(141,212 |
) |
Outstanding at June 30, 2024 |
|
|
4,114,834 |
|
Releasable at June 30, 2024 |
|
|
— |
|
|
| Summary of Term-Based Stock Option Activity |
Term-based stock option activity was as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares |
|
|
Weighted
Average
Exercise
Price
(per share) |
|
|
Weighted
Average
Remaining
Contractual
Term
(in years) |
|
|
Aggregate
Intrinsic
Value
(in millions) |
|
Outstanding at December 31, 2023 |
|
|
6,213,998 |
|
|
$ |
51.34 |
|
|
|
5.5 |
|
|
$ |
110.8 |
|
Granted |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
Exercised |
|
|
(401,167 |
) |
|
|
51.62 |
|
|
|
— |
|
|
|
— |
|
Forfeited or expired |
|
|
(109,123 |
) |
|
|
76.82 |
|
|
|
— |
|
|
|
— |
|
Outstanding at June 30, 2024 |
|
|
5,703,708 |
|
|
$ |
50.83 |
|
|
|
5.0 |
|
|
$ |
36.8 |
|
Exercisable at June 30, 2024 |
|
|
5,540,886 |
|
|
$ |
49.87 |
|
|
|
5.0 |
|
|
$ |
36.8 |
|
|
| Summary of Global Employee Stock Purchase Plan Activity |
Our Global Employee Stock Purchase Plan activity was as follows:
|
|
|
|
|
|
|
|
|
Period Ended |
|
Shares Issued |
|
|
Purchase Price
(per share) |
|
March 31, 2024 |
|
|
58,349 |
|
|
$ |
56.12 |
|
June 30, 2024 |
|
|
84,240 |
|
|
|
42.16 |
|
|