XML 26 R33.htm IDEA: XBRL DOCUMENT
v3.20.1

Equity-Based Compensation (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2020
Share Based Compensation [Abstract] |
Share-based Compensation Activity | Share-based compensation activity during the three months ended March 31, 2020 included the following:
(Shares in thousands) |  | Granted |  |  | Vested |  |  | Forfeited |
Performance Share Awards (PSAs) |  |  | 125,001 |  |  |  | — |  |  |  | — |
Restricted Stock Units (RSUs) |  |  | 41,664 |  |  |  | — |  |  |  | — |
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 March 31, |
(in thousands) | 2020 |  |  | 2019 |
Equity-based compensation expense: |  |  |  |  |  |  |
Performance share awards | $ | 1,158 |  |  | $ | 1,044 |
Restricted stock units |  | 708 |  |  |  | 557 |
Deferred compensation stock equivalent units expense |  | 19 |  |  |  | 16 |
Total equity-based compensation expense | $ | 1,885 |  |  | $ | 1,617 |
Total tax benefit recognized for equity-based expense | $ | 83 |  |  | $ | 72 |
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 2020:
Stock price as of valuation date |  | $ | 42.16 |
Risk-free rate |  |  | 1.42 | %
Expected volatility |  |  | 25.74 | %
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