XML 28 R16.htm IDEA: XBRL DOCUMENT
v3.20.2

Share-Based Compensation | 6 Months Ended
--- | ---
Jun. 30, 2020
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract] |
Share-Based Compensation |
9. | Share-Based Compensation
The Company accounts for share-based compensation in accordance with Accounting Standards Codification (“ASC”) Topic 718, “Compensation – Stock Compensation,” which requires the Company to recognize compensation expense for share-based awards, measured at the fair value of the awards at the grant date. The Company recognized $0.2 million and $1.0 million of share-based compensation related expense during the three-month periods ended June 30, 2020 and 2019, respectively, and $0.8 million and $1.8 million during the six-month periods ended June 30, 2020 and 2019, respectively. The Company granted approximately 503,000 and 64,000 restricted stock units during the three-month periods ended June 30, 2020 and 2019, respectively, and approximately 503,000 and 464,000 restricted stock units during the six-month periods ended June 30, 2020 and 2019, respectively. The weighted-average fair value of restricted stock units granted was estimated at $5.44 and $7.49 per unit during the six-months ended June 30, 2020 and 2019, respectively. The fair value of time-based and 2019 performance-based restricted stock units was determined by using the value of stock in the open market on the date of grant. The fair value of 2020 performance-based restricted stock units was determined by using the Monte Carlo valuation model. The fair value of the stock-based awards granted is recorded as compensation expense on a straight-line basis over the vesting periods of the awards. There were zero and approximately 1,000 options exercised during the six-months ended June 30, 2020 and 2019, respectively. The Company received approximately $7,000 from employees exercising options during the six-months ended June 30, 2019. The intrinsic value of options exercised during the six-months ended June 30, 2019 was approximately $1,000.

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