XML 48 R38.htm IDEA: XBRL DOCUMENT v3.20.2

Equity-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2020

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Stock Option Activity

Stock option activity during 2019 and 2020 was as follows:

		Number of Options				Weighted Average Exercise Price				Weighted Average Remaining Contractual Term (in years)				Aggregate Intrinsic Value (in thousands)
Options outstanding at January 1, 2019			1,199,540			$	44.64				7.26			$	2,717
Options granted			605,200				28.50				9.21				1,343
Options exercised			(55,671	)			19.05			N/A					658
Options cancelled			(389,001	)			40.84			N/A				N/A
Options outstanding at December 31, 2019			1,360,068				39.40				7.57				1,650
Options granted			443,200				33.72				9.66				—
Options exercised			(6,000	)			28.25			N/A					15
Options cancelled			(160,462	)			40.42			N/A				N/A
Options outstanding at June 30, 2020			1,636,806			$	37.80				7.73			$	361
Options exercisable at December 31, 2019			513,290			$	48.08				5.88			$	512
Options exercisable at June 30, 2020			690,781			$	44.33				6.10			$	361

Schedule of Stock Options Valuation Assumptions

The following table summarizes the grant-date fair value of options and the assumptions used to develop the fair value estimates for options granted during the six months ended June 30, 2020 and year ended December 31, 2019:

		June 30, 2020				December 31, 2019
Weighted average grant-date fair value of options		$	12.29			$	17.59
Risk-free interest rate			1.6	%			2.4	%
Expected volatility			39	%			38	%
Expected life (in years)			5.0				5.0

Restricted Stock Activity

Restricted stock activity during 2019 and 2020 was as follows:

		Number of Shares				Weighted Average Grant-Date Fair Value
Unvested at January 1, 2019			805,057			$	42.40
Granted			700,937				28.77
Cancelled			(389,684	)			33.50
Vested			(311,174	)			44.23
Unvested at December 31, 2019			805,136			$	34.14
Granted			557,269				25.27
Cancelled			(82,608	)			35.30
Vested			(216,474	)			37.24
Unvested at June 30, 2020			1,063,323			$	28.77

Restricted Stock Unit Activity

Restricted stock unit activity during 2019 and 2020 was as follows:

		Number of Units				Weighted Average Grant-Date Fair Value
Unvested at January 1, 2019			484,111			$	44.52
Granted			234,408				34.54
Cancelled			(271,162	)			45.17
Vested			—				—
Unvested at December 31, 2019			447,357			$	38.89
Granted			583,680				10.60
Cancelled			(10,123	)			42.09
Vested			(12,691	)			42.09
Unvested at June 30, 2020			1,008,223			$	22.44

X

- References

No definition available.

+ Details

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

X

- Definition

Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

+ 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)(1)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
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

- Definition

Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.

+ References

No definition available.

+ Details

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