EMPLOYEE COMPENSATION PLANS

3 Months Ended

Mar. 31, 2018

EMPLOYEE COMPENSATION PLANS [Abstract]

EMPLOYEE COMPENSATION PLANS

(14)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 months ended March 31, 2018 and 2017, the Company recognized total compensation expense of $3.6 million and $2.0 million, respectively. Of the total compensation expense, $1.3 million and $0.4 million was recognized in Cost of services and $2.3 million and $1.6 million was recognized in Selling, general and administrative during the three months ended March 31, 2018 and 2017, respectively.  

Restricted Stock Unit Grants

During the three months ended March 31, 2018 and 2017, the Company granted 18,128 and 624,862 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 $3.6 million and $2.3 million for the three months ended March 31, 2018 and 2017, respectively. As of March 31, 2018, there was approximately $20.9 million of total unrecognized compensation cost (including the impact of expected forfeitures) related to RSUs granted under the Company’s equity plans.

Stock Options

The Company recognized compensation expense related to subsidiary performance options of zero and $(0.3) million for the three months ended March 31, 2018 and 2017, respectively. The option benefit for 2017 resulted from the Company concluding that the performance targets of the subsidiary will not be achieved.