Quarterly report pursuant to Section 13 or 15(d)

Share-Based Compensation (Tables)

v3.22.2
Share-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of Restricted Stock Unit Activity
The following table summarizes activity for restricted stock units that may be settled in common stock (“RSU Equity Awards”) for the six months ended June 30, 2022:
Six Months Ended June 30, 2022
RSU Equity Awards
(In thousands)
Weighted Average Grant Date
Fair Value
Unvested, beginning of the period 968  $34.04 
Granted 355  $60.02 
Vested (354) $35.28 
Forfeited (42) $14.59 
Unvested, end of the period 927  $22.66 
Schedule of Cash-Settled Awards The following table summarizes the Company’s liabilities for cash-settled awards and the classification in the consolidated balance sheets for the periods indicated:
June 30, 2022 December 31, 2021
(In thousands)
Cash SARs $6,306  $7,884 
Cash-Settled RSU Awards 1,287  1,382 
Other current liabilities 7,593  9,266 
Cash-Settled RSU Awards 1,406  6,366 
Other long-term liabilities 1,406  6,366 
Total Cash-Settled RSU Awards $8,999  $15,632 
Schedule of Share-based Compensation Expense The following table presents share-based compensation expense (benefit), net for the periods indicated:
Three Months Ended
June 30,
Six Months Ended
June 30,
2022 2021 2022 2021
(In thousands)
RSU Equity Awards $4,323  $3,242  $7,689  $5,850 
Cash-Settled RSU Awards (3,662) 3,007  (3,425) 7,449 
Cash SARs (4,018) 3,676  (1,578) 8,542 
(3,357) 9,925  2,686  21,841 
Less: amounts capitalized to oil and gas properties 147  (4,646) (1,730) (8,954)
Total share-based compensation expense (benefit), net ($3,210) $5,279  $956  $12,887