XML 65 R55.htm IDEA: XBRL DOCUMENT v3.10.0.1
Employee Incentive Plans - Restricted and Performance Awards (Details) - USD ($)
$ / shares in Units, $ in Millions
1 Months Ended 3 Months Ended 6 Months Ended
Mar. 31, 2018
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Restricted incentive units          
Number of Units          
Non-vested, beginning of period (in shares)       1,889,310  
Granted (in shares) 194,185     1,059,062  
Vested (in shares)       (556,262)  
Forfeited (in shares)       (138,187)  
Non-vested, end of period (in shares)   2,253,923   2,253,923  
Aggregate intrinsic value, end of period   $ 37.1   $ 37.1  
Weighted Average Grant-Date Fair Value          
Non-vested, beginning of period (in dollars per share)       $ 16.33  
Granted (in dollars per share)       15.67  
Vested (in dollars per share)       24.24  
Forfeited (in dollars per share)       12.24  
Non-vested, end of period (in dollars per share)   $ 14.32   $ 14.32  
Fair value of units vested $ 3.0 $ 0.4 $ 0.4 $ 13.5 $ 20.8
Units withheld for payroll taxes (in shares)       178,824  
Aggregate intrinsic value of units vested   0.4 0.3 $ 9.3 14.6
Unrecognized compensation cost related to non-vested restricted incentive units   $ 19.2   $ 19.2  
Unrecognized compensation costs, weighted average period for recognition       1 year 11 months  
Vesting period       3 years  
Restricted incentive units | EnLink Midstream Partners, LP          
Number of Units          
Non-vested, beginning of period (in shares)       1,980,224  
Granted (in shares) 200,753     1,166,464  
Vested (in shares)       (601,581)  
Forfeited (in shares)       (148,572)  
Non-vested, end of period (in shares)   2,396,535   2,396,535  
Aggregate intrinsic value, end of period   $ 37.2   $ 37.2  
Weighted Average Grant-Date Fair Value          
Non-vested, beginning of period (in dollars per share)       $ 15.81  
Granted (in dollars per share)       15.15  
Vested (in dollars per share)       22.04  
Forfeited (in dollars per share)       12.29  
Non-vested, end of period (in dollars per share)   $ 14.14   $ 14.14  
Fair value of units vested $ 3.0 $ 0.5 0.5 $ 13.3 21.0
Units withheld for payroll taxes (in shares)       189,584  
Aggregate intrinsic value of units vested   0.4 $ 0.4 $ 9.1 $ 15.7
Unrecognized compensation cost related to non-vested restricted incentive units   $ 20.2   $ 20.2  
Unrecognized compensation costs, weighted average period for recognition       1 year 11 months  
Vesting period       3 years  
Performance units          
Number of Units          
Non-vested, beginning of period (in shares)       548,839  
Granted (in shares)       223,865  
Vested (in shares)   0 0 (102,555) 0
Forfeited (in shares)       (70,918)  
Non-vested, end of period (in shares)   599,231   599,231  
Aggregate intrinsic value, end of period   $ 9.9   $ 9.9  
Weighted Average Grant-Date Fair Value          
Non-vested, beginning of period (in dollars per share)       $ 22.14  
Granted (in dollars per share)       21.63  
Vested (in dollars per share)       40.48  
Forfeited (in dollars per share)       17.75  
Non-vested, end of period (in dollars per share)   $ 19.33   $ 19.33  
Fair value of units vested       $ 4.2  
Units withheld for payroll taxes (in shares)       28,846  
Aggregate intrinsic value of units vested       $ 1.9  
Unrecognized compensation cost related to non-vested restricted incentive units   $ 7.5   $ 7.5  
Unrecognized compensation costs, weighted average period for recognition       2 years  
Vesting period       3 years  
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions and Methodology [Abstract]          
Beginning TSR Price (in dollars per share) $ 16.55        
Risk-free interest rate 2.38%        
Volatility factor 51.36%        
Distribution yield 6.70%        
Performance units | Minimum          
Weighted Average Grant-Date Fair Value          
Percent of units vesting       0.00%  
Performance units | Maximum          
Weighted Average Grant-Date Fair Value          
Percent of units vesting       200.00%  
Performance units | EnLink Midstream Partners, LP          
Number of Units          
Non-vested, beginning of period (in shares)       585,285  
Granted (in shares)       256,345  
Vested (in shares)   0 0 (115,328) 0
Forfeited (in shares)       (76,351)  
Non-vested, end of period (in shares)   649,951   649,951  
Aggregate intrinsic value, end of period   $ 10.1   $ 10.1  
Weighted Average Grant-Date Fair Value          
Non-vested, beginning of period (in dollars per share)       $ 20.52  
Granted (in dollars per share)       19.24  
Vested (in dollars per share)       35.39  
Forfeited (in dollars per share)       16.62  
Non-vested, end of period (in dollars per share)   $ 17.83   $ 17.83  
Fair value of units vested       $ 4.1  
Units withheld for payroll taxes (in shares)       34,069  
Aggregate intrinsic value of units vested       $ 2.0  
Unrecognized compensation cost related to non-vested restricted incentive units   $ 7.4   $ 7.4  
Unrecognized compensation costs, weighted average period for recognition       2 years  
Vesting period       3 years  
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions and Methodology [Abstract]          
Beginning TSR Price (in dollars per share) $ 15.44        
Risk-free interest rate 2.38%        
Volatility factor 43.85%        
Distribution yield 10.50%        
Performance units | EnLink Midstream Partners, LP | Minimum          
Weighted Average Grant-Date Fair Value          
Percent of units vesting       0.00%  
Performance units | EnLink Midstream Partners, LP | Maximum          
Weighted Average Grant-Date Fair Value          
Percent of units vesting       200.00%