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Stock-Based Compensation | 9 Months Ended
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Sep. 30, 2020
Share-based Payment Arrangement [Abstract] |
Stock-Based Compensation | Stock-Based Compensation Stock-based compensation awards granted by our Board of Directors for the three and nine months ended September 30, 2020 and 2019 were as follows:
| For the Three Months Ended September 30, |  | For the Nine Months Ended September 30, |  |
| 2020 |  | 2019 |  | 2020 |  | 2019 |  |  |  |
Award type: |  |  |  |  |  |  |  |  |  |  |
Stock options | 4,000 |  |  | — |  |  | 304,000 |  |  | 207,000 |  |  |  |  |
Deferred share units | 20,027 |  |  | 16,176 |  |  | 44,670 |  |  | 23,121 |  |  |  |  |
Restricted stock units | 16,729 |  |  | 1,551 |  |  | 328,720 |  |  | 235,170 |  |  |  |  |
In the three months ended September 30, 2020 and 2019, we recognized $0.8 million and $0.7 million, respectively, in stock-based compensation expense. A majority of the expense, $0.7 million and $0.6 million respectively, was recorded as selling and administrative expense in the Consolidated Statement of Operations, with the remaining expenses incurred as cost of sales. In the nine months ended September 30, 2020 and 2019, we recognized $1.9 million and $1.6 million, respectively, in stock-based compensation expense. A majority of the expense, $1.6 million and $1.4 million, respectively, was recorded as selling and administrative expense in the Consolidated Statement of Operations, with the remaining expenses incurred as cost of sales. As of September 30, 2020, unrecognized compensation cost related to non-vested stock options, deferred share units and restricted stock units was $8.4 million, which will be recognized over the remaining weighted average life of 3.6 years. Stock Option, Deferred Share Unit and Restricted Stock Unit awards activity under the Omnibus Equity Incentive Plan for the nine months ended September 30, 2020 was as follows: Stock Options
| Number of Shares |  | Weighted- Average Exercise Price
Outstanding unvested as of December 31, 2019 | 931,658 |  |  | $ | 15.06 |
Granted | 304,000 |  |  | 8.99 |
Vested | (186,162) |  |  | 15.20 |
Forfeited | (143,960) |  |  | 14.82 |
Outstanding unvested as of September 30, 2020 | 905,536 |  |  | $ | 13.03 |
Deferred Share Unit and Restricted Stock Unit awards
| Number of Shares |  | Weighted- Average Grant Date Fair Value
Outstanding unvested as of December 31, 2019 | 282,716 |  |  | $ | 12.83 |
Granted | 373,390 |  |  | 8.77 |
Vested | (87,112) |  |  | 10.18 |
Forfeited | (45,760) |  |  | 12.24 |
Outstanding unvested as of September 30, 2020 | 523,234 |  |  | $ | 10.43 |

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- 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
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