STOCK-BASED COMPENSATION - Grant Date Fair Value of Awards (Details) - Performance Shares - 2021 Stock Incentive Plan - $ / shares |
7 Months Ended | ||||
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Apr. 03, 2023 |
Mar. 03, 2023 |
Jan. 24, 2023 |
Apr. 29, 2022 |
Dec. 31, 2021 |
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| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
| Forecast period (years) | 3 years | 3 years | 3 years | 3 years | 3 years |
| Risk-free interest rates | 3.79% | 4.64% | 3.88% | 2.87% | |
| Implied equity volatility | 70.80% | 86.40% | 87.20% | 88.40% | |
| Stock price on the date of grant (in usd per share) | $ 79.50 | $ 82.20 | $ 72.99 | $ 93.98 |
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- Definition The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Price of a single share of a number of saleable stocks of a company. No definition available.
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- Definition Expected term of award under share-based payment arrangement, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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