XML 56 R46.htm IDEA: XBRL DOCUMENT v3.21.2
Stock-Based Compensation - Summary of Nonvested Restricted Stock Awards and PSU Activity (Detail)
6 Months Ended
Jun. 30, 2021
$ / shares
shares
Time-Based Restricted Stock Awards [Member]  
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]  
Unvested shares of restricted stock and PSUs outstanding at beginning of period | shares 559,800
Restricted Stock Awards and PSUs, Granted | shares 133,100
Restricted Stock Awards and PSUs, Vested | shares (274,000.0)
Restricted Stock Awards and PSUs, Forfeited | shares (27,300)
Unvested shares of restricted stock and PSUs outstanding at end of period | shares 391,600
Unvested shares of restricted stock and PSUs outstanding, Weighted Average Grant Date Fair Value, at beginning of period | $ / shares $ 156.48
Granted, Weighted Average Grant Date Fair Value | $ / shares 425.11
Vested, Weighted Average Grant Date Fair Value | $ / shares 131.63
Forfeited, Weighted Average Grant Date Fair Value | $ / shares 265.92
Unvested shares of restricted stock and PSUs outstanding, Weighted Average Grant Date Fair Value, at end of period | $ / shares $ 257.56
Market-Based Restricted Stock Awards [Member]  
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]  
Unvested shares of restricted stock and PSUs outstanding at beginning of period | shares 1,748,500
Restricted Stock Awards and PSUs, Granted | shares 42,900
Restricted Stock Awards and PSUs, Forfeited | shares (3,300)
Unvested shares of restricted stock and PSUs outstanding at end of period | shares 1,788,100
Unvested shares of restricted stock and PSUs outstanding, Weighted Average Grant Date Fair Value, at beginning of period | $ / shares $ 115.91
Granted, Weighted Average Grant Date Fair Value | $ / shares 331.35
Forfeited, Weighted Average Grant Date Fair Value | $ / shares 331.35
Unvested shares of restricted stock and PSUs outstanding, Weighted Average Grant Date Fair Value, at end of period | $ / shares $ 120.68
Performance-Based Restricted Stock Units [Member]  
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]  
Restricted Stock Awards and PSUs, Granted | shares 57,900
Restricted Stock Awards and PSUs, Forfeited | shares (20,800)
Unvested shares of restricted stock and PSUs outstanding at end of period | shares 37,100 [1]
Granted, Weighted Average Grant Date Fair Value | $ / shares $ 564.68
Forfeited, Weighted Average Grant Date Fair Value | $ / shares 579.30
Unvested shares of restricted stock and PSUs outstanding, Weighted Average Grant Date Fair Value, at end of period | $ / shares $ 556.50 [1]
[1]

A maximum of 92,814 units could be awarded based upon Paycom’s Relative TSR over the applicable performance periods.