v3.20.4
STOCKHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 31, 2020
Schedule of the Dividends and Dividend Equivalents Paid

Amount per

Total Amount

    

    

    

Share of

    

Declared

Declaration Date

Record Date

Date Paid

Common Stock

(In millions)

February 26, 2020

March 9, 2020

March 23, 2020

$

0.03

$

3.2

Amount per

Total Amount

    

    

    

Share of

    

Declared

Declaration Date

Record Date

Date Paid

Common Stock

(In millions)

February 15, 2019

March 11, 2019

March 25, 2019

$

0.20

$

21.3

May 3, 2019

June 10, 2019

June 24, 2019

0.20

21.3

August 2, 2019

September 9, 2019

September 23, 2019

0.20

21.3

October 24, 2019

December 2, 2019

December 16, 2019

0.20

21.0

Amount per

Total Amount

    

    

    

Share of

    

Declared

Declaration Date

Record Date

Date Paid

Common Stock

(In millions)

February 28, 2018

March 12, 2018

March 26, 2018

$

0.20

$

26.0

May 3, 2018

June 11, 2018

June 25, 2018

0.20

26.0

July 24, 2018

September 10, 2018

September 24, 2018

0.20

25.8

September 14, 2018

September 25, 2018

September 28, 2018

1.55

162.9

November 1, 2018

December 10, 2018

December 26, 2018

0.20

21.2

Schedule of Nonvested RSU and PSU Activity

    

    

Weighted

Average

Shares of RSU

Grant Date

PSU and SPSU

Fair Value

Beginning balance at January 1, 2018

1,083,841

$

28.61

Granted

1,313,152

15.65

Vested

(408,848)

21.68

Forfeited

(53,698)

20.69

Beginning balance at January 1, 2019

1,934,447

$

21.50

Granted

1,960,334

12.89

Vested

(303,201)

21.76

Forfeited

(220,632)

17.17

Cancelled (1)

(100,855)

21.46

Beginning balance at January 1, 2020

3,270,093

$

15.88

Granted

6,517,594

4.66

Vested

(2,472,375)

8.61

Forfeited

(1,020,122)

16.97

Cancelled (1)

(2,135,929)

7.22

Nonvested at December 31, 2020

4,159,261

$

6.80

(1)Represents vested RSUs and PSUs surrendered in lieu of taxes and cancelled awards returned to the 2013 Equity Incentive Plan.
Special Performance Stock Unit  
Schedule of target prices and vesting tranches

Tranche

Target Stock Price

SPSUs Vesting

1

$12.00

595,003

2

$16.00

595,003

3

$20.00

595,003

4

$24.00

595,003

5

$28.00

594,994

6

$32.00

594,994

Schedule of assumptions in determining the fair value of the SPSUs

Assumptions

Expected stock price volatility

45.0%

Expected dividend yield

2.02% and 2.44%

Risk-free interest rate

1.33% and 0.92%

Grant-date stock price

$5.93 and $4.92