XML 29 R51.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Long-term Incentive Compensation and Shareholders’ Equity (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Share-based Payment Arrangement [Abstract] |
Summary of Status of Awards Under Stock-Based Compensation Plans and Agreements | A combined summary of the status of the Company’s stock-settled awards under the 2011 Plan, including base shares for stock-settled stock appreciation rights (SSARs) and stock-settled stock unit awards is as follows:
| Year ended December 31, 2019
| Stock appreciation rights |  | Stock units
| Awards |  | Weighted average exercise price |  | Weighted average remaining contractual life |  | Awards |  | Weighted average remaining contractual life
Outstanding at beginning of year | 6,163 |  |  | $ | 69.90 |  |  |  |  | 1,860 |  |  |  |
Granted (1) ( 2) | 2,389 |  |  | $ | 52.45 |  |  |  |  | 1,961 |  |  |  |
Exercised | (20 | ) |  | $ | 64.17 |  |  |  |  | (225 | ) |  |  |
Expired | (1,058 | ) |  | $ | 70.97 |  |  |  |  | — |  |  |
Canceled | (521 | ) |  | $ | 65.23 |  |  |  |  | (436 | ) |  |  |
Outstanding at end of period (1) | 6,953 |  |  | $ | 64.10 |  |  | 3.0 |  | 3,160 |  |  | 2.3 |
Exercisable at end of period | 1,254 |  |  | $ | 77.68 |  |  | 1.1 |  | — |  |  | — |
Weighted-average fair value of grants |  |  |  |  |  |  |  |  |
2019 | $ | 14.04 |  |  |  |  |  |  |  | $ | 50.58 |  |  |  |
2018 | $ | 16.24 |  |  |  |  |  |  |  | $ | 66.23 |  |  |  |
2017 | $ | 14.51 |  |  |  |  |  |  |  | $ | 65.73 |  |  |  |
(1) | Awards granted and outstanding do not reflect the Premium Priced Award described below, as that Board-approved award remained contingent on stockholder approval of an amendment to the 2011 Plan which did not occur until January 2020.
(2) | Includes approximately 8 shares resulting from the payout of the first tranche of fiscal year 2016 PSU grants due to exceeding target payout.
|  | Awards Outstanding |  | Weighted average exercise price |  | Awards exercisable |  | Weighted average exercise price
Range of SSARs base prices |
$50.01–$60.00 |  | 2,400 |  |  | $ | 52.63 |  |  | — |  |  | $ | — |
$60.01–$70.00 |  | 3,069 |  |  | $ | 66.16 |  |  | 186 |  |  | $ | 65.92 |
$70.01–$80.00 |  | 925 |  |  | $ | 75.28 |  |  | 509 |  |  | $ | 75.50 |
$80.01–$90.00 |  | 559 |  |  | $ | 83.59 |  |  | 559 |  |  | $ | 83.59 |
Total |  | 6,953 |  |  | $ | 64.10 |  |  | 1,254 |  |  | $ | 77.68 |
Summary of Range of Exercise Prices |
|  | Awards Outstanding |  | Weighted average exercise price |  | Awards exercisable |  | Weighted average exercise price
Range of SSARs base prices |
$50.01–$60.00 |  | 2,400 |  |  | $ | 52.63 |  |  | — |  |  | $ | — |
$60.01–$70.00 |  | 3,069 |  |  | $ | 66.16 |  |  | 186 |  |  | $ | 65.92 |
$70.01–$80.00 |  | 925 |  |  | $ | 75.28 |  |  | 509 |  |  | $ | 75.50 |
$80.01–$90.00 |  | 559 |  |  | $ | 83.59 |  |  | 559 |  |  | $ | 83.59 |
Total |  | 6,953 |  |  | $ | 64.10 |  |  | 1,254 |  |  | $ | 77.68 |
Summary of Weighted Average Valuation Inputs | A summary of the weighted average valuation inputs described above used for estimating the grant-date fair value of SSAR awards granted in the periods indicated is as follows:
| Year ended December 31,
| 2019 |  | 2018 |  | 2017
Expected term | 4.0 |  |  | 4.2 |  |  | 4.2 |
Expected volatility | 29.5 | % |  | 23.8 | % |  | 23.9 | %
Expected dividend yield | — | % |  | — | % |  | — | %
Risk-free interest rate | 2.2 | % |  | 2.9 | % |  | 1.7 | %

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

X
- Definition Tabular disclosure of activity for award under share-based payment arrangement. Includes, but is not limited to, outstanding award at beginning and end of year, granted, exercised, forfeited, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration