XML 71 R47.htm IDEA: XBRL DOCUMENT v3.20.4

Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2020

Share-based Payment Arrangement, Noncash Expense [Abstract]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The total fair value of options granted during the years ended December 31, 2020, 2019 and 2018 was $1,066, $50, and $143 respectively, based on the following assumptions and weighted average fair values:

						December 31,
						2020						2019						2018
Weighted Average Fair Value of Grants						$	3.56					$	3.48					$	6.50
Risk-free Interest Rate						1.61		%				2.13		%				2.66		%
Expected Dividend Yield						—		%				—		%				—		%
Expected Forfeiture Rate						—		%				—		%				—		%
Expected Volatility						55.33		%				43.60		%				52.68		%
Expected Term in Years						5.11						6.50						3.71

Share-based Compensation, Stock Options, Activity

A summary of the status of stock options granted is presented below:

																		Weighted
																		Average
												Weighted						Remaining						Aggregate
												Average						Contractual						Intrinsic
												Exercise						Term (in						Value (in
						Shares						Price						years)						thousands)
Outstanding at December 31, 2019						4,696,264						$	18.05
Granted						299,541						$	10.46
Exercised						(298,513)						$	6.87
Forfeited						(3,561)						$	10.53
Expired						(493,222)						$	43.53
Outstanding at December 31, 2020						4,200,509						$	15.32					4.18						$	9,430
Exercisable at December 31, 2020						3,908,444						$	15.68					3.81						$	9,330

Schedule of Nonvested Restricted Stock Units Activity

The following table represents the nonvested restricted stock units and their corresponding fair value (based upon the closing share price) at the date of grant:

						Number of						Weighted Average
						Shares						Grant Date Fair Value
Nonvested at December 31, 2019						1,033,200						$11.71
Granted						1,251,065						$8.49
RSUs granted in conversion, as a result of the CNXM Merger						204,619						$18.01
Vested						(577,834)						$10.95
Forfeited						(39,923)						$9.65
Nonvested at December 31, 2020						1,871,127						$10.10

Schedule of Nonvested Performance-based Units Activity

The following table represents the nonvested performance share units and their corresponding fair value (based upon the Monte Carlo Methodology) on the date of grant:

						Number of						Weighted Average
						Shares						Grant Date Fair Value
Nonvested at December 31, 2019						1,400,836						$18.91
Granted						660,634						$5.79
PSUs Issued						112,158						$20.39
Vested						(274,716)						$20.82
Forfeited						(131,474)						$18.37
Nonvested at December 31, 2020						1,767,438						$13.85

X

- Definition

Tabular disclosure of the changes in outstanding nonvested performance-based units.

+ 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 (c)(2)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfNonvestedPerformanceBasedUnitsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the changes in outstanding nonvested restricted stock units.

+ 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 (c)(2)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, 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 (d)
-URI http://asc.fasb.org/extlink&oid=120381028&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 (e)
-URI http://asc.fasb.org/extlink&oid=120381028&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 (c)(1)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
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=120381028&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_ShareBasedCompensationAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration