XML 32 R18.htm IDEA: XBRL DOCUMENT
v3.20.2

Stock-Based Incentive Plans | 9 Months Ended
--- | ---
Sep. 30, 2020
Share-based Payment Arrangement [Abstract] |
Stock-Based Incentive Plans | Note 12. Stock-Based Incentive Plans Stock-based incentive plans compensation expense is as follows (in thousands):
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
|  | 2020 |  | 2019 |  | 2020 |  | 2019
Service-based restricted stock units (“RSUs”) |  | $ | 4,410 |  |  | $ | 3,583 |  |  | $ | 13,139 |  |  | $ | 10,428 |
Service-based stock appreciation rights (“SARs”) |  | 3,211 |  |  | 2,896 |  |  | 9,185 |  |  | 7,804 |
Market performance-based restricted stock units |  | 814 |  |  | 757 |  |  | 2,745 |  |  | 2,146 |
Operating performance-based restricted stock units |  | (962) |  |  | 983 |  |  | 882 |  |  | 2,752 |
Employee share purchase plan |  | 337 |  |  | 312 |  |  | 894 |  |  | 997 |
Total stock-based compensation expense |  | $ | 7,810 |  |  | $ | 8,531 |  |  | $ | 26,845 |  |  | $ | 24,127 |
During the nine months ended September 30, 2020, we issued stock-based compensatory awards with terms approved by the Compensation Committee of our Board of Directors. The awards with service conditions generally vest ratably over four years, subject to forfeiture unless service conditions are met. Market performance-based awards cliff vest after three years subject to the rank of our total shareholder return for the three-year period ending December 31, 2022 relative to the total shareholder returns for a peer group of companies. Operating performance-based awards cliff vest after three years subject to the achievement of certain thresholds of cumulative adjusted free cash flow for the three year period ending December 31, 2022. Compensation expense related to awards granted during 2020 for the three and nine months ended September 30, 2020 was $3.3 million and $6.6 million, respectively. Stock-based compensation agreements issued during the nine months ended September 30, 2020, representing potential shares and their weighted average grant date fair values by type follows (shares in thousands, fair value in dollars):
|  | Nine Months Ended September 30, 2020
|  | Shares |  | Weighted Average Grant Date Fair Value
Service-based SARs |  | 1,133 |  |  | $ | 15.73 |
Service-based RSUs |  | 599 |  |  | $ | 44.42 |
Market performance-based RSUs |  | 93 |  |  | $ | 39.83 |
Operating performance-based RSUs |  | 93 |  |  | $ | 43.57 |

X
- Definition The entire disclosure for share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI http://asc.fasb.org/topic&trid=2228938 + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration