XML 48 R34.htm IDEA: XBRL DOCUMENT v3.19.1
SHARE-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2018
SHARE-BASED COMPENSATION  
Summary of entity's stock option activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

Weighted

 

Average

 

 

 

 

 

 

 

Average

 

Remaining

 

Aggregate

 

 

Number

 

Exercise

 

Contractual

 

Intrinsic

 

    

of Options

    

Price

    

Life

    

Value

 

 

 

 

 

 

 

(In years)

 

 

 

Outstanding at January 1, 2016

 

4,114,685

 

$

17.53

 

7.7

 

$

76,567

Granted

 

1,546,532

 

 

22.64

 

 

 

 

 

Exercised

 

(564,844)

 

 

7.87

 

 

 

 

 

Cancelled/expired

 

(683,032)

 

 

27.41

 

 

 

 

 

Outstanding at December 31, 2016

 

4,413,341

 

 

19.02

 

7.0

 

 

11,558

Granted

 

4,066,735

 

 

16.43

 

 

 

 

 

Exercised

 

(1,217,320)

 

 

6.47

 

 

 

 

 

Cancelled/expired

 

(1,154,464)

 

 

25.25

 

 

 

 

 

Outstanding at December 31, 2017

 

6,108,292

 

 

18.62

 

8.5

 

 

25,777

Granted

 

411,486

 

 

21.39

 

 

 

 

 

Exercised

 

(379,194)

 

 

10.81

 

 

 

 

 

Cancelled/expired

 

(954,559)

 

 

24.13

 

 

 

 

 

Outstanding at December 31, 2018

 

5,186,025

 

$

18.42

 

8.0

 

$

2,910

 

 

 

 

 

 

 

 

 

 

 

Exercisable at December 31, 2018

 

2,011,169

 

$

18.35

 

7.1

 

$

2,910

 

Schedule of assumptions used to determine the valuation of granted options

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

    

2018

    

2017

    

2016

Exercise price

 

$20.52 - $24.29

 

$14.36 - $20.87

 

$14.40 - $36.60

Expected volatility

 

36.06% - 38.36%

 

33.44% - 36.38%

 

23.90% - 24.76%

Expected dividend yield

 

0%

 

0%

 

0%

Risk-free rate for expected term

 

2.33% - 2.84%

 

1.88% - 2.34%

 

1.23% - 2.06%

Expected term (in years)

 

6.00 - 6.25

 

5.00 - 6.25

 

6.25

 

Summary of restricted stock units activity

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

Average

 

 

Number

 

Grant Date

 

    

of RSUs

    

Fair Value

Nonvested at January 1, 2017

 

 —

 

$

 —

Granted

 

90,718

 

 

14.65

Cancelled/expired

 

(24,079)

 

 

14.65

Nonvested at December 31, 2017

 

66,639

 

 

14.65

Granted

 

2,059,066

 

 

22.00

Vested and issued

 

(183,263)

 

 

23.46

Cancelled/expired

 

(73,413)

 

 

20.21

Nonvested at December 31, 2018

 

1,869,029

 

$

21.67

 

Summary of restricted stock awards activity

 

 

 

 

 

 

 

 

 

Number

 

Weighted

 

 

of Shares

 

Average

 

 

Subject to

 

Grant Date

 

    

Restriction

    

Fair Value

Nonvested at January 1, 2016

 

10,805

 

$

26.60

Granted

 

5,765

 

 

32.97

Vested

 

(10,805)

 

 

26.60

Nonvested at December 31, 2016

 

5,765

 

 

32.97

Granted

 

36,814

 

 

17.13

Vested

 

(8,288)

 

 

26.80

Nonvested at December 31, 2017

 

34,291

 

 

17.45

Granted

 

40,796

 

 

21.30

Vested

 

(31,732)

 

 

17.68

Nonvested at December 31, 2018

 

43,355

 

$

20.91