XML 73 R22.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Stock-Based Compensation | 12 Months Ended
--- | ---
Dec. 31, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract] |
Stock-Based Compensation | NOTE 14 — STOCK-BASED COMPENSATION MGM Resorts 2005 Omnibus Incentive Plan. The Company’s omnibus incentive plan, as amended (the “Omnibus Plan”), allows it to grant up to 45 million shares or share-based awards, such as stock options, stock appreciation rights (“SARs”), restricted stock units (“RSUs”), performance share units (“PSUs”) and other stock-based awards to eligible directors, officers and employees of the Company and its subsidiaries. As of December 31, 2019, the Company had an aggregate of approximately 20 million shares of common stock available for grant as share-based awards under the Omnibus Plan. Additionally, as of December 31, 2019, the Company had approximately 4 million aggregate SARs outstanding and approximately 7 million aggregate RSUs and PSUs outstanding, including deferred share units and dividend equivalent units related to RSUs and PSUs. Intrinsic value. The following table includes information related to the intrinsic value:
|  | Year Ended December 31, |
|  | 2019 |  |  | 2018 |  |  | 2017 |
|  | (In thousands) |
SARs exercised and RSUs and PSUs vested |  | $ | 86,843 |  |  | $ | 97,302 |  |  | $ | 100,264 |
SARs outstanding |  |  | 45,197 |  |  |  | 21,563 |  |  |  | 112,604 |
SARs vested and expected to vest |  |  | 45,162 |  |  |  | 21,547 |  |  |  | 111,284 |
SARs exercisable |  |  | 41,432 |  |  |  | 19,745 |  |  |  | 78,865 |
As of December 31, 2019, there was a total of $116 million of unamortized compensation related to SARs, RSUs, and PSUs, which is expected to be recognized over a weighted-average period of 2.0 years. MGM Growth Properties 2016 Omnibus Incentive Plan and MGM China Share Option Plan. The Company’s subsidiaries, MGP and MGM China, each adopted their own equity award plans for the issuance of share-based awards to each subsidiary’s eligible recipients. Recognition of compensation cost. Compensation cost was recognized as follows:
|  | Year Ended December 31, |
|  | 2019 |  |  | 2018 |  |  | 2017 |
Compensation cost: |  | (In thousands) |
Omnibus Plan |  | $ | 76,995 |  |  | $ | 57,735 |  |  | $ | 49,383 |
MGM Growth Properties Omnibus Incentive Plan |  |  | 2,277 |  |  |  | 2,092 |  |  |  | 2,568 |
MGM China Share Option Plan |  |  | 9,566 |  |  |  | 10,369 |  |  |  | 10,571 |
Total compensation cost |  |  | 88,838 |  |  |  | 70,196 |  |  |  | 62,522 |
Less: Reimbursed costs and capitalized cost |  |  | (3,487 | ) |  |  | (1,710 | ) |  |  | (1,398 | )
Compensation cost after reimbursed costs and capitalized cost |  |  | 85,351 |  |  |  | 68,486 |  |  |  | 61,124 |
Less: Related tax benefit |  |  | (16,752 | ) |  |  | (13,218 | ) |  |  | (18,650 | )
Compensation cost, net of tax benefit |  | $ | 68,599 |  |  | $ | 55,268 |  |  | $ | 42,474 |

X
- Definition The entire disclosure for share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI http://asc.fasb.org/topic&trid=2228938 + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration