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Stock Incentive Plan and Other Equity Activity | 3 Months Ended
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Mar. 31, 2020
Stockholders' Equity Note [Abstract] |
Stock Incentive Plan |
14. | 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, 2020 primarily relate to activity associated with the Stock Incentive Plan and share repurchases. Share Grants—During the three months ended March 31, 2020, the Company had the following share grants associated with the Stock Incentive Plan:
|  | Shares |  | Weighted Average Grant-Date Fair Value per Share
RSUs |  | 127 |  |  | $ | 14.08 |
PSUs |  | 173 |  |  | $ | 14.08 |
Total shares granted |  | 300 |  |  |
Share Issuances—During the three months ended March 31, 2020, the Company had the following share issuances associated with the Stock Incentive Plan:
|  | Shares
RSUs (issued upon vesting) |  | 39 |
PSUs (issued upon vesting) |  | 86 |
ESPP (issued upon sale) |  | 13 |
Total shares issued |  | 138 |
Stock-Based Compensation Expense—During the three months ended March 31, 2020 and 2019 the Company recognized $2,234 and $1,021, respectively, of stock-based compensation expense, primarily within general and administrative expenses. The Company recognizes forfeitures as they occur, rather than estimating expected forfeitures. Included within total stock-based compensation expense for the three months ended March 31, 2020 and 2019 is $18 and zero, respectively, of expense related to the Employee Stock Purchase Plan (the “ESPP”). At March 31, 2020, 774 authorized shares remained available for issuance under the ESPP. Share Withheld for Taxes—The Company withheld 46 shares for taxes on stock-based compensation vestings for $668 during the three months ended March 31, 2020. Warrants—During the three months ended March 31, 2020, certain holders of warrants elected the cashless exercise option and the Company issued 110 common shares on the exercise of 470 warrants with a market value of $1,477. Accumulated Other Comprehensive Income (Loss) (“AOCI”)—The following table presents changes in AOCI, net of tax:
| Unrealized Fair Value of Swap (Cash Flow Hedge) (1)
Balance at December 31, 2019 | $ | (209 | )
Net gain (loss) recognized in OCI, net of tax effect of $2,064 | (7,110 | )
Amount reclassified from AOCI into earnings, net of tax effect of ($14) | 49 |
Change in OCI, net of tax | (7,061 | )
Balance at March 31, 2020 | $ | (7,270 | )
(1) See Note 11 - Financial Instruments for further discussion of our cash flow hedges.

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