XML 41 R34.htm IDEA: XBRL DOCUMENT
v3.19.3

Equity-Based Compensation (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2019
Share Based Compensation [Abstract] |
Share-based Compensation Activity | Share-based compensation activity during the nine months ended September 30, 2019 included the following:
(Shares in thousands) |  | Granted |  |  | Vested |  |  | Forfeited |
Performance Share Awards (PSAs) |  |  | 142 |  |  |  | — |  |  |  | 6 |
Restricted Stock Units (RSUs) |  |  | 102 |  |  |  | 19 |  |  |  | 2 |
Details of Equity-Based Compensation Expense and Related Income Tax Benefit | The following table details equity-based compensation expense and the related income tax benefit.
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
(in thousands) |  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |
Equity-based compensation expense: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performance share awards |  | $ | 1,186 |  |  | $ | 1,074 |  |  | $ | 3,417 |  |  | $ | 3,084 |
Restricted stock units |  |  | 705 |  |  |  | 536 |  |  |  | 1,892 |  |  |  | 1,470 |
Deferred compensation stock equivalent units expense |  |  | 22 |  |  |  | 16 |  |  |  | 53 |  |  |  | 197 |
Accelerated share-based termination benefits in connection with the merger |  |  | — |  |  |  | 3 |  |  |  | — |  |  |  | 1,767 |
Total equity-based compensation expense |  | $ | 1,913 |  |  | $ | 1,629 |  |  | $ | 5,362 |  |  | $ | 6,518 |
Total tax benefit recognized for equity-based expense |  | $ | 79 |  |  | $ | 74 |  |  | $ | 234 |  |  | $ | 258 |
Fair Value of Performance Share Awards | The following table presents the key inputs used in the Monte Carlo simulation to calculate the fair value of the performance share awards in 2019:
Stock price as of valuation date |  | $ | 35.01 |
Risk-free rate |  |  | 2.47 | %
Expected volatility |  |  | 25.15 | %
Expected dividend yield (assuming full reinvestment) |  |  | — |
Expected term (years) |  |  | 3.00 |

X
- Definition Schedule of share based payment award performance shares valuation assumptions. + References No definition available. + Details
Name: | pch_ScheduleOfShareBasedPaymentAwardPerformanceSharesValuationAssumptionsTableTextBlock
Namespace Prefix: | pch_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit. + 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 (h)(1) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
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
- References No definition available. + Details
Name: | us-gaap_ShareBasedCompensationAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration