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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of Stock Based Compensation Expense

Our stock-based compensation expense was as follows for the three months ended March 31, 2017 and 2016 (in thousands):

 

 

 

Three Months Ended March 31,

 

 

 

2017

 

 

2016

 

Restricted stock units

 

$

1,247

 

 

$

853

 

Performance units

 

 

734

 

 

 

380

 

Restricted stock issued to directors

 

 

100

 

 

 

211

 

Incentive units

 

 

 

 

 

29

 

Total expense

 

$

2,081

 

 

$

1,473

 

 

Summary of Restricted Stock Unit Awards Activity

A summary of restricted stock unit awards activity during the three months ended March 31, 2017 is as follows:

 

 

 

Number of

shares

 

 

Weighted

average grant

date fair value

 

 

Aggregate

intrinsic

value (in

thousands)

 

Total awarded and unvested, December 31, 2016

 

 

4,343,582

 

 

$

2.14

 

 

$

11,597

 

Granted

 

 

2,817,341

 

 

 

2.15

 

 

 

 

 

Vested

 

 

(2,413,016

)

 

 

1.55

 

 

 

 

 

Forfeited

 

 

(9,342

)

 

 

2.15

 

 

 

 

 

Total awarded and unvested, March 31, 2017

 

 

4,738,565

 

 

$

2.44

 

 

$

12,036

 

 

Summary of Performance Stock Unit Awards Activity

A summary of performance stock unit awards activity during the three months ended March 31, 2017 is as follows

 

 

 

Number of

shares

 

 

Weighted

average grant

date fair value

 

 

Aggregate

intrinsic

value (in

thousands)

 

Total awarded and unvested, December 31, 2016

 

 

1,928,002

 

 

$

3.31

 

 

$

5,148

 

Granted

 

 

2,564,523

 

 

 

1.94

 

 

 

 

 

Vested

 

 

 

 

 

 

 

 

 

 

Forfeited

 

 

(9,342

)

 

 

1.94

 

 

 

 

 

Total awarded and unvested, March 31, 2017

 

 

4,483,183

 

 

$

2.53

 

 

$

6,989