XML 49 R34.htm IDEA: XBRL DOCUMENT v3.20.1
Equity Transactions and Stock Incentive Plans (Tables)
12 Months Ended
Dec. 31, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Stock Option Activity

The following table summarizes the Company’s stock option activity:

 

 

 

Weighted-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average

 

 

 

 

 

 

Aggregate

 

 

 

Stock

 

 

Remaining

 

 

Weighted-

 

 

Intrinsic

 

 

 

Options

 

 

Term

 

 

Average

 

 

Value

 

 

 

Outstanding

 

 

(in years)

 

 

Exercise Price

 

 

(in thousands)

 

Outstanding at January 1, 2019

 

 

3,424,755

 

 

 

7.4

 

 

$

11.49

 

 

 

 

 

Granted

 

 

 

 

 

 

 

 

$

 

 

 

 

 

Exercised

 

 

(271,984

)

 

 

 

 

 

$

10.08

 

 

 

 

 

Cancelled

 

 

(26,250

)

 

 

 

 

 

$

11.69

 

 

 

 

 

Expired

 

 

 

 

 

 

 

 

$

 

 

 

 

 

Outstanding at December 31, 2019

 

 

3,126,521

 

 

 

6.1

 

 

$

11.61

 

 

$

24,991

 

Exercisable at December 31, 2019

 

 

2,728,721

 

 

 

5.9

 

 

$

11.42

 

 

$

22,496

 

Summary of RSU Activity

The following table summarizes the Company’s RSU activity:

 

 

 

RSUs

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

Weighted-

 

 

Fair Value

 

 

 

 

 

 

 

Average

 

 

of Shares

 

 

 

 

 

 

 

Grant Date

 

 

Vested

 

 

 

Shares

 

 

Fair Value

 

 

(in thousands)

 

Outstanding at January 1, 2017

 

 

141,296

 

 

$

12.57

 

 

 

 

 

Granted

 

 

 

 

 

 

 

 

 

 

 

Vested

 

 

(111,660

)

 

$

12.57

 

 

$

2,556

 

Cancelled

 

 

(29,636

)

 

$

12.57

 

 

 

 

 

Outstanding at December 31, 2017

 

 

 

 

 

 

 

 

 

 

 

Granted

 

 

241,542

 

 

$

29.09

 

 

 

 

 

Vested

 

 

 

 

 

 

 

 

$

 

Cancelled

 

 

(9,243

)

 

$

28.72

 

 

 

 

 

Outstanding at December 31, 2018

 

 

232,299

 

 

$

29.10

 

 

 

 

 

Granted

 

 

564,805

 

 

$

13.88

 

 

 

 

 

Vested

 

 

(103,224

)

 

$

29.61

 

 

$

1,596

 

Cancelled

 

 

(32,622

)

 

$

20.77

 

 

 

 

 

Outstanding at December 31, 2019

 

 

661,258

 

 

$

16.44

 

 

 

 

 

Summary of PSU Activity

The following table summarizes the Company’s PSU activity:

 

 

 

PSUs

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

Weighted-

 

 

Fair Value

 

 

 

 

 

 

 

Average

 

 

of Shares

 

 

 

 

 

 

 

Grant Date

 

 

Vested

 

 

 

Shares(1)

 

 

Fair Value

 

 

(in thousands)

 

Outstanding at January 1, 2017

 

 

 

 

 

 

 

 

 

 

 

Granted

 

 

62,791

 

 

$

27.87

 

 

 

 

 

Vested

 

 

 

 

 

 

 

 

$

 

Cancelled

 

 

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2017

 

 

62,791

 

 

$

27.87

 

 

 

 

 

Granted

 

 

108,957

 

 

$

28.72

 

 

 

 

 

Vested

 

 

 

 

 

 

 

 

$

 

Cancelled

 

 

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2018

 

 

171,748

 

 

$

28.41

 

 

 

 

 

Granted

 

 

204,580

 

 

$

14.13

 

 

 

 

 

Vested

 

 

 

 

 

 

 

 

$

 

Cancelled

 

 

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2019

 

 

376,328

 

 

$

20.65

 

 

 

 

 

 

(1)

The number of shares listed for PSUs granted during 2017 represents the actual number of PSUs granted to each recipient eligible to vest if the Company meets its performance goals for the applicable period. The number of shares listed for PSUs granted after 2017 represents the “target” number of PSUs granted to each recipient eligible to vest if the Company meets its “target” performance goals for the applicable period. The actual number of PSUs eligible to vest with respect to PSUs granted after 2017 will vary depending on whether or not the Company meets or exceeds the applicable threshold, target or maximum performance goals for the PSUs, with 200% of the “target” number of PSUs eligible to vest at “maximum” performance levels.

 

Summary of Share-based Compensation Costs by Award Type

The following table summarizes share-based compensation costs by award type:

 

 

 

Year Ended December 31,

 

(In thousands)

 

2019

 

 

2018

 

 

2017

 

Stock options

 

$

4,850

 

 

$

5,191

 

 

$

5,135

 

RSUs

 

 

4,284

 

 

 

3,383

 

 

 

3,554

 

PSUs

 

 

911

 

 

 

1,067

 

 

 

65

 

Total share-based compensation costs

 

$

10,045

 

 

$

9,641

 

 

$

8,754