Stock-Based Compensation (Tables)
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12 Months Ended |
Dec. 31, 2025 |
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| Stock-Based Compensation |
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| Schedule of changes in restricted stock units |
| | | | | | | | | | Number of
Shares | | | Weighted
Average Grant
Date Fair Value
per Share | Balance at December 31, 2022 | | | 2,658,581 | | $ | 2.98 | Granted | | | 287,849 | | | 15.14 | Vested | | | (1,162,729) | | | 3.40 | Forfeited | | | (101,495) | | | 4.91 | Balance at December 31, 2023 | | | 1,682,206 | | $ | 4.65 | Granted | | | 430,661 | | | 9.85 | Vested | | | (1,001,998) | | | 3.86 | Forfeited | | | (125,792) | | | 5.66 | Balance at December 31, 2024 | | | 985,077 | | $ | 7.60 | Granted | | | 731,442 | | | 5.89 | Vested | | | (424,715) | | | 7.07 | Forfeited | | | (1,170) | | | 10.93 | Balance at December 31, 2025 | | | 1,290,634 | | $ | 6.80 |
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| Schedule of changes in performance stock units |
| | | | | | | | | | | Number of
Shares | | | Weighted
Average Grant
Date Fair Value
per Share | | Balance at December 31, 2022 | | | 1,495,017 | | $ | 4.72 | | Granted | | | 91,025 | | | 17.82 | | Forfeited | | | (227,174) | | | 6.90 | | Balance at December 31, 2023 | | | 1,358,868 | | $ | 5.23 | | Granted | | | 203,057 | | | 11.59 | | Forfeited | | | (160,518) | | | 6.36 | | Balance at December 31, 2024 | | | 1,401,407 | | $ | 6.02 | | Granted | | | 2,992,858 | | | 1.65 | | Incremental PSUs vested in period1 | | | 87,207 | | | 2.98 | | Forfeited | | | (425,000) | | | 4.17 | | Vested | | | (786,626) | | | 4.13 | | Balance at December 31, 2025 | | | 3,269,846 | | $ | 2.64 | |
| (1) | Associated with awards that vested during the period at 150% of Target Level. |
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| Schedule of changes in stock options |
| | | | | | | | | | | | | | | Options | | | Weighted Average
Exercise Price Per
Share | | Weighted Average
Contractual Life
(Years) | | | Intrinsic Value | Outstanding Options at December 31, 2022 | | | 1,510,661 | | $ | 6.13 | | 6.86 | | $ | 13,615 | Forfeited | | | (19,841) | | | 4.51 | | — | | | — | Exercised | | | (750,381) | | | 5.76 | | — | | | 8,268 | Outstanding Options at December 31, 2023 | | | 740,439 | | $ | 6.55 | | 5.17 | | $ | 2,570 | Forfeited | | | (348,389) | | | 5.31 | | — | | | 1,620 | Exercised | | | (29,941) | | | 10.83 | | — | | | — | Outstanding Options at December 31, 2024 | | | 362,109 | | $ | 7.38 | | 4.82 | | $ | 1,018 | Vested and expired | | | (16,882) | | | 4.51 | | — | | | — | Outstanding Options at December 31, 2025 | | | 345,227 | | $ | 7.52 | | 3.80 | | $ | 632 |
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| Schedule of assumptions using Black-scholes option-pricing model |
| | | | | | | Assumptions | Weighted average expected stock volatility (range) | | % | 25.94 - 30.90 | Expected dividend yield | | % | 0.00 | Expected term (years) | | | 6.25 | Risk-free interest rate (range) | | % | 0.82 - 2.26 | Exercise price (range) | | $ | 4.51 - 10.83 |
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| Schedule of stock appreciation right awards |
| | | | | | | | | | Number of Units | | | Weighted-Average Exercise Price | | Weighted-Average Remaining Contractual Term (Years) | Outstanding SARs at December 31, 2022 | | 1,537,776 | | $ | 1.82 | | 8.17 | Forfeited | | (54,348) | | | 1.79 | | — | Exercised | | (768,889) | | | 1.82 | | — | Outstanding SARs at December 31, 2023 | | 714,539 | | $ | 1.82 | | 7.17 | Exercised | | (714,539) | | | 1.82 | | — | Outstanding SARs at December 31, 2024 | | — | | $ | — | | — |
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