XML 36 R22.htm IDEA: XBRL DOCUMENT v3.5.0.2
EMPLOYEE COMPENSATION PLANS
9 Months Ended
Sep. 30, 2016
EMPLOYEE COMPENSATION PLANS [Abstract]  
EMPLOYEE COMPENSATION PLANS

(15)EQUITY-BASED COMPENSATION PLANS

All equity-based awards to employees are recognized in the Consolidated Statements of Comprehensive Income (Loss) at the fair value of the award on the grant date. During the three and nine months ended September 30, 2016 and 2015, the Company recognized total compensation expense of $2.7 million and $7.3 million and $3.3 million and $8.6 million, respectively. Of the total compensation expense, $1.0 million and $2.3 million was recognized in Cost of services and $1.7 million and $5.0 million was recognized in Selling, general and administrative, respectively, during the three and nine months ended September 30, 2016. During the three and nine months ended September 30, 2015 the Company recognized compensation expense of $0.9 million and $2.0 million was recognized in Cost of services and $2.4 million and $6.6 million was recognized in Selling, general and administrative, respectively.

Restricted Stock Unit Grants

During the nine months ended September 30, 2016 and 2015, the Company granted 443,875 and 744,800 RSUs, respectively, to new and existing employees, which vest in equal installments over four or five years. The Company recognized compensation expense related to RSUs of $2.6 million and $7.2 million for the three and nine months ended September 30, 2016, respectively. The Company recognized compensation expense related to RSUs of $3.2 million and $8.3 million for the three and nine months ended September 30, 2015, respectively. As of September 30, 2016, there was approximately $22.0 million of total unrecognized compensation cost (including the impact of expected forfeitures) related to RSUs granted under the Company’s equity plans.