XML 43 R32.htm IDEA: XBRL DOCUMENT v3.20.2

Stock Compensation (Tables)

9 Months Ended

Sep. 30, 2020

Share-based Payment Arrangement [Abstract]

Summary of Restricted Stock Unit Activity

A summary of restricted stock unit activity for the nine months ended September 30, 2020 follows (shares in thousands):

						Restricted Stock Units						Weighted- Average Grant-Date Fair Value
Outstanding at December 31, 2019						2,040						$	14.17
Granted						747						22.45
Vested						(940)						13.80
Forfeited and expired						(116)						15.88
Outstanding at September 30, 2020						1,731						17.84

Schedule of Assumptions Used

The fair value of awards with market conditions was estimated using a Monte Carlo simulation with the following weighted-average assumptions:

			Nine Months Ended September 30,
			2020						2019
Weighted-average fair value of grant			$	28.33					$	16.58
Risk-free interest rate(i)			1.35		%				2.49		%
Expected volatility(ii)			51.81		%				47.91		%
Expected life of restricted stock units in years(iii)			2.86						2.87
Expected dividend yield			—		%				—		%

⁽ⁱ⁾Represents the continuously compounded semi-annual zero-coupon U.S. treasury rate commensurate with the remaining performance period

⁽ⁱⁱ⁾Based on historical volatility for the company that is commensurate with the length of the performance period

⁽ⁱⁱⁱ⁾Represents the remaining life of the longest performance period

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 assumption used to determine benefit obligation and net periodic benefit cost of defined benefit plan. Includes, but is not limited to, discount rate, rate of compensation increase, expected long-term rate of return on plan assets and interest crediting rate.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (k)
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfAssumptionsUsedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
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