XML 54 R37.htm IDEA: XBRL DOCUMENT v3.10.0.1
Share-based Compensation (Tables)
12 Months Ended
Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of options, fully vested and exercisable
A summary of activity under our Stock Incentive Plan during the year ended December 31, 2018 is presented below:
Options
 
Number
 
Weighted Average Exercise Price
 
Weighted Average Remaining Contractual Term (years)
 
Aggregate Intrinsic Value
Outstanding at January 1, 2018
 
166,757

 
$
11.02

 
 
 
 
Exercised
 
(32,147
)
 
6.55

 

 

Forfeited/expired
 
(17,500
)
 
49.18

 

 

Outstanding, fully vested and exercisable at December 31, 2018 (1)
 
117,110

 
$
6.55

 
0.34
 
$
0.1

(1) 
As the result of actions in 2011 that were determined to be a "change of control" under the Stock Incentive Plan, all options will remain exercisable for their respective remaining term, regardless of whether the awardees remain employees of Century. All of the outstanding options at December 31, 2018 have an exercise price of $6.55 per share and expire in May 2019.
Summary of service-based share awards activity
Service-based share awards
 
Number
Outstanding at January 1, 2018
 
845,408

Granted
 
295,434

Vested
 
(443,265
)
Forfeited
 
(38,671
)
Outstanding at December 31, 2018
 
658,906

 
Year ended December 31,
Service-based share awards
2018
 
2017
 
2016
Weighted average per share fair value of service-based share grants
$
20.21

 
$
8.92

 
$
7.14

Total intrinsic value of option exercises
444

 
624

 

Summary of share-based compensation expense
The following table summarizes the compensation cost recognized for the years ended December 31, 2018, 2017 and 2016 for all options, service-based and performance-based share awards. The compensation cost is included as part of selling, general and administrative expenses in our Consolidated Statements of Operations.
 
Year ended December 31,
 
2018
 
2017
 
2016
Share-based compensation expense reported:
 
 
 
 
 
Performance-based share expense
$
(0.1
)
 
$
4.0

 
$
2.4

Service-based share expense
3.8

 
3.4

 
2.1

Total share-based compensation expense before income tax
3.7

 
7.4

 
4.5

Income tax

 

 

Total share-based compensation expense, net of income tax
$
3.7

 
$
7.4

 
$
4.5