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Equity-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2016
Equity-Based Compensation  
Schedule of equity-based compensation expense in condensed consolidated statements of operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30, 

 

June 30, 

 

 

    

2016

    

2015

    

2016

    

2015

 

Cost of revenue

 

$

1,429

 

$

10,643

 

$

2,540

 

$

11,355

 

General and administrative

 

 

5,920

 

 

62,390

 

 

10,809

 

 

63,642

 

Total equity-based compensation expense

 

$

7,349

 

$

73,033

 

$

13,349

 

$

74,997

 

 

Schedule of changes in nonvested restricted stock

 

 

 

 

 

 

 

 

    

 

    

Weighted

 

 

 

 

 

Average

 

 

 

 

 

Fair Value

 

 

 

 

 

at Grant

 

 

    

Shares

    

Date

 

Nonvested at January 1, 2016

 

2,255,681

 

$

25.15

 

Granted

 

607,821

 

 

26.38

 

Vested

 

(335,395)

 

 

25.00

 

Forfeited

 

(22,119)

 

 

25.48

 

Nonvested at June 30, 2016

 

2,505,988

 

$

25.47

 

 

Schedule of stock option activity

 

 

 

 

 

 

 

 

    

 

    

Weighted

 

 

 

 

 

Average

 

 

 

 

 

Exercise

 

 

    

Options

    

Price

 

Outstanding at January 1, 2016

 

36,304

 

$

31.74

 

Granted

 

812,119

 

 

26.36

 

Exercised

 

 —

 

 

 —

 

Forfeited

 

 —

 

 

 —

 

Outstanding at June 30, 2016

 

848,423

 

$

26.59

 

 

 

 

 

 

 

 

Exercisable at June 30, 2016

 

 —

 

$

 —