Stock Incentive Plan and Other Equity Activity

3 Months Ended

Mar. 31, 2019

Stockholders' Equity Note [Abstract]

Stock Incentive Plan and Other Equity Activity



12.	STOCK INCENTIVE PLAN AND OTHER EQUITY ACTIVITY

General—The Company has a stock incentive plan (the “Stock Incentive Plan”) that is administered by the Compensation and Talent Development Committee of the Board of Directors. Under the Stock Incentive Plan, the Company can issue shares to employees and directors in the form of restricted stock awards (“RSAs”), restricted stock units (“RSUs”), and performance based shares (“PSUs”). Changes in common stock, additional paid in capital, and treasury stock during the three months ended March 31, 2019 primarily relate to activity associated with the Stock Incentive Plan and share repurchases.

Share Grants—During the three months ended March 31, 2019, the Company had the following share grants associated with the Stock Incentive Plan:



	Shares	Weighted Average Grant-Date Fair Value per Share
RSAs	3	$	10.89
RSUs	138	$	10.96
PSUs	185	$	10.89
Total shares granted	326

Share Issuances—During the three months ended March 31, 2019, the Company had the following share issuances associated with the Stock Incentive Plan:



		Shares
RSA (issued upon grant)		3
RSUs (issued upon vesting)		73
PSUs (issued upon vesting)		54
Total shares issued		130

Stock-Based Compensation Expense—During the three months ended March 31, 2019 and March 31, 2018, the Company recognized $1,021 and $617, respectively, of stock-based compensation expense, primarily within general and administrative expenses. The Company recognizes forfeitures as they occur, rather than estimating expected forfeitures.

Share Repurchases—During the three months ended March 31, 2019, the Company repurchased 250 shares of the Company’s outstanding common stock for $3,201 under the stock repurchase plan. The Company also repurchased 52 shares for taxes withheld on stock-based compensation vestings for $564.