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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 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 and six months ended June 30, 2017 and 2016 (in thousands):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Restricted stock units

 

$

1,344

 

 

$

1,388

 

 

$

2,591

 

 

$

2,243

 

Performance units

 

 

907

 

 

 

677

 

 

 

1,641

 

 

 

1,057

 

Restricted stock issued to directors

 

 

97

 

 

 

142

 

 

 

197

 

 

 

353

 

Incentive units

 

 

 

 

 

19

 

 

 

 

 

 

48

 

Total expense

 

$

2,348

 

 

$

2,226

 

 

$

4,429

 

 

$

3,701

 

 

Summary of Restricted Stock Unit Awards Activity

A summary of restricted stock unit awards activity during the six months ended June 30, 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

 

 

2,667,893

 

 

 

2.12

 

 

 

 

 

Vested

 

 

(2,911,900

)

 

 

1.65

 

 

 

 

 

Forfeited

 

 

(47,812

)

 

 

2.50

 

 

 

 

 

Total awarded and unvested, June 30, 2017

 

 

4,051,763

 

 

$

2.47

 

 

$

11,588

 

 

Summary of Performance Stock Unit Awards Activity

A summary of performance stock unit awards activity during the six months ended June 30, 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

 

 

(59,788

)

 

 

3.04

 

 

 

 

 

Total awarded and unvested, June 30, 2017

 

 

4,432,737

 

 

$

2.52

 

 

$

11,537