XML 56 R44.htm IDEA: XBRL DOCUMENT v3.20.1
SHARE-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2019
Schedule of weighted average assumptions used in the BSM pricing model for grants made

​

​

​

​

​

​

​

​

​

2018

​

2019

 

Dividend yield

​

—

​

—

 

Expected annual volatility

​

39.0

%

39.4-41.1

%

Risk-free interest rate

​

2.72-2.90

%

1.64-1.88

%

Expected life of the awards (years)

​

7.07-7.11

​

5.91-6.05

​

Weighted-average grant date fair value of awards (per share)

$

14.62

$

15.97

​

Summary of awards activity for the Company

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Options

​

SARs

​

RSUs

 

​

​

​

​

Weighted

​

​

​

Weighted

​

​

​

Weighted

 

​

​

​

​

average exercise

​

​

​

average exercise

​

​

​

average exercise

​

​

    

Quantity

    

price per share

    

Quantity

    

price per share

    

Quantity

    

price per share

 

Outstanding as of December 31, 2018

​

3,601,433

​

$

34.51

​

154,994

​

$

32.44

    

13,865,414

​

—

​

Granted

 

1,068,554

​

​

36.62

​

—

​

​

—

    

5,293,636

​

—

​

Exercised

 

(410,145)

​

​

5.86

​

(28,500)

​

​

31.22

​

(5,218,733)

​

—

​

Forfeited

 

—

​

​

—

​

—

​

​

—

​

(638,743)

​

—

​

Cancelled

 

(945,000)

​

​

40.00

​

(394)

​

​

20.99

​

(500,342)

​

—

​

Outstanding as of December 31, 2019

 

3,314,842

​

$

37.17

​

126,100

​

$

32.75

​

12,801,232

​

—

​

Summary of information about outstanding and exercisable awards

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Awards Outstanding

​

Awards Exercisable

 

​

​

​

​

​

​

Average

​

​

​

​

​

​

Average

​

​

​

 

​

​

​

​

​

​

Remaining

​

Aggregate

​

​

​

Remaining

​

Aggregate

 

​

​

Type of

​

Number

​

Contractual

​

Intrinsic

​

Number

​

Contractual

​

Intrinsic

 

Exercise Price ($)

    

award

    

outstanding

    

Life (in years)

    

Value

    

exercisable

    

Life (in years)

    

Value

 

$4.16

​

Option

​

48,438

​

0.47

 $

​

1.9

​

48,438

​

0.47

 $

​

1.9

​

$8.77

​

Option

​

128,850

​

0.89

​

​

4.5

​

128,850

​

0.89

​

​

4.5

​

$36.62

​

Option

​

1,068,554

​

9.59

​

​

7.3

​

—

​

—

​

​

—

​

$40.00

​

Option

​

2,069,000

​

8.09

​

​

7.2

​

1,339,000

​

8.02

​

​

4.6

​

Total Options

​

​

​

3,314,842

​

8.18

​

​

20.9

​

1,516,288

​

7.17

​

​

11.0

​

$20.99

​

SARs

​

1,100

​

1.91

​

​

—

​

1,100

​

1.91

​

​

—

​

$32.85

​

SARs

​

125,000

​

3.56

​

​

1.4

​

125,000

​

3.56

​

​

1.4

​

Total SARs

​

​

​

126,100

​

3.55

​

​

1.4

​

126,100

​

3.55

​

​

1.4

​

Total RSUs

​

RSU

​

12,801,232

​

8.38

​

​

556.7

​

3,565,653

​

7.22

​

​

155.1

​

Total Options, SARs, RSUs

​

​

​

16,242,174

​

8.30

 $

​

579.0

​

5,208,041

​

7.12

 $

​

167.5

​

Summary of information about non-vested share awards

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Options

​

RSUs

​

​

​

​

Weighted

​

​

​

Weighted

​

​

​

​

Average

​

​

​

Average

​

​

​

​

Grant Date

​

​

​

Grant Date

​

​

Quantity

​

Fair Value

​

Quantity

​

Fair Value

Non-vested as of December 31, 2018

​

2,386,500

​

$

13.17

​

8,567,331

​

$

28.68

Granted

​

1,068,554

​

​

15.97

​

5,293,636

​

​

35.69

Vested

​

(711,500)

​

​

13.41

​

(3,486,303)

​

​

27.13

Forfeited

​

—

​

​

—

​

(638,743)

​

​

31.11

Cancelled

​

(945,000)

​

​

11.86

​

(500,342)

​

​

30.10

Non-vested as of December 31, 2019

​

1,798,554

​

$

15.43

​

9,235,579

​

$

32.92

2018 plan  
Schedule of weighted average assumptions used in the BSM pricing model for grants made

​

​

​

​

​

​

​

2019

 

Dividend yield

​

—

 

Expected annual volatility

​

50.00

%

Risk-free interest rate

​

7.76-8.88

%

Expected life of the awards (years)

​

6.06-6.10

​

Weighted-average grant date fair value of awards (per share)

$

131.25

​

Summary of awards activity for the Company

​

​

​

​

​

​

​

​

​

​

​

​

​

Options

​

RSUs

​

​

​

​

Weighted

​

​

​

Weighted

​

​

​

​

average exercise

​

​

​

average exercise

​

    

Quantity

    

price per share

    

Quantity

    

price per share

Outstanding as of December 31, 2018

​

189

​

$

80.89

​

114,499

$

—

Granted

 

256,812

​

​

211.88

​

191,214

​

—

Exercised

 

(67)

​

​

80.89

​

(6,025)

​

—

Forfeited

 

(32)

​

​

80.89

​

(10,586)

​

—

Cancelled

 

(77,380)

​

​

203.83

​

(17,560)

​

—

Outstanding as of December 31, 2019

 

179,522

​

$

215.28

​

271,542

$

—

Summary of information about outstanding and exercisable awards

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Awards Outstanding

​

Awards Exercisable

​

​

​

​

​

​

Average

​

​

​

Average

​

​

​

​

​

​

Remaining

​

​

​

Remaining

​

​

Type of

​

Number

​

Contractual

​

Number

​

Contractual

Exercise Price ($)

    

award

    

outstanding

    

Life (in years)

    

exercisable

    

Life (in years)

$80.89

​

Option

​

97

​

8.11

​

97

​

8.11

$203.83

​

Option

​

139,425

​

9.15

​

35,996

​

9.13

$255.51

​

Option

​

40,000

​

9.61

​

—

​

—

Total Options

​

​

​

179,522

​

9.26

​

36,093

​

9.12

Total RSUs

​

RSU

​

271,542

​

8.98

​

64,735

​

8.66

Total Options and RSUs

​

​

​

451,064

​

9.09

​

100,828

​

8.83

Summary of information about non-vested share awards

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Options

​

RSUs

​

​

​

​

Weighted

​

​

​

Weighted

​

​

​

​

Average

​

​

​

Average

​

​

​

​

Grant Date

​

​

​

Grant Date

​

​

Quantity

​

Fair Value

​

Quantity

​

Fair Value

Non-vested as of December 31, 2017

​

—

​

$

—

​

—

​

$

—

Granted

​

3,397

​

​

126.48

​

137,998

​

​

166.00

Vested

​

(1,078)

​

​

137.62

​

(13,733)

​

​

174.27

Forfeited

​

(2,224)

​

​

120.53

​

(22,282)

​

​

172.06

Cancelled

​

(26)

​

​

157.24

​

—

​

​

—

Non-vested as of December 31, 2018

​

69

​

$

132.54

​

101,983

​

$

163.40

Granted

​

256,812

​

​

131.25

​

191,214

​

​

218.27

Vested

​

(36,040)

​

​

132.05

​

(58,244)

​

​

179.91

Forfeited

​

(32)

​

​

132.64

​

(10,586)

​

​

193.31

Cancelled

​

(77,380)

​

​

132.07

​

(17,560)

​

​

214.72

Non-vested as of December 31, 2019

​

143,429

​

$

130.60

​

206,807

​

$

203.59