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Stockholders' Equity (Tables)
 12 Months Ended
Dec. 31, 2019
Share-based Payment Arrangement [Abstract]  
Employee Equity-Based Compensation Expense
 
Year ended December 31,
(In millions)
2019
 
2018
 
2017
Total stock-based compensation expense
   (selling, general and administrative and other operating charges, net)
$
4.1

 
$
3.3

 
$
3.6

Income tax benefit related to stock-based compensation
1.0

 
1.5

 
2.1

Impact on cash flow due to taxes paid related to net share settlement of equity awards
0.4

 
0.4

 
1.1
Summary of Status of Outstanding RSU Awards
A summary of the status of outstanding restricted stock units as of December 31, 2019, and changes during the year, is presented below:
 
 
Time Vested
 
Performance-based
 
 
Shares
 
Weighted
Average
Grant Date
Fair Value
 
Shares
 
Weighted Average Grant Date Fair Value
Restricted stock units, outstanding at December 31, 2018
 
127,653

 
$
42.09

 
78,430

 
$
45.36

Granted
 
139,037

 
26.64

 
151,664

 
26.60

Vested
 
(48,164
)
 
43.49

 
—

 


Forfeited / Canceled1
 
(28,336
)
 
33.22

 
(53,062
)
 
46.04

Restricted stock units, outstanding at December 31, 2019
 
190,190

 
31.76

 
177,032

 
29.09

Deferred shares, outstanding at December 31, 2019
 
33,663

 
7.31

 
—

 
 
Total units outstanding at December 31, 2019
 
223,853

 
$
28.09

 
177,032

 
29.09
Assumption Used in Black-Scholes Option-Pricing Model to Estimate Fair Value of Stock Options
 
 
2018
2017
Volatility
The expected volatility is based upon Clearwater Paper's historical stock prices.
 
35
%
30
%
Risk-free interest rate
The risk-free interest rate is based on constant maturity treasury rates with maturities matching the options' expected life on the grant date.
 
2.74
%
2.05
%
Expected life-years
The expected life is the approximate mid-point between the expected vesting time and the remaining contractual life.
 
6 years

6 years
Summary of Status of Outstanding Stock Option Awards and Changes During the Year
A summary of the status of outstanding stock option awards as of December 31, 2019, and changes during the year, is presented below:
 
 
Shares
 
Weighted Average Exercise Price
 
Weighted Average Remaining Contractual Life (Years)
 
Aggregate Intrinsic Value
Outstanding options at December 31, 2018
 
761,934

 
$
49.38

 
7.2
 
$
—

Granted
 
—

 
—

 
 
 
 
Forfeited
 
(26,686
)
 
42.84

 
 
 
 
Expired
 
(78,874
)
 
51.81

 
 
 
 
Outstanding options at December 31, 2019
 
656,374

 
$
49.36

 
6.2
 
$
—

Outstanding and exercisable options at December 31, 2019
 
511,787

 
$
51.16

 
5.8
 
$
—