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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2017
Summary of ARRIS' Unvested Restricted Stock Unit (Excluding Performance Related)

The following table summarizes ARRIS’s unvested restricted stock unit (excluding performance-related) transactions during the year ending December 31, 2017:

 

     Ordinary Shares      Weighted Average
Grant  Date

Fair Value
 

Unvested at December 31, 2016

     6,495,049      $ 24.04  

Granted

     3,793,925        27.54  

Vested

     (2,571,398 )       22.98  

Forfeited

     (357,232 )       24.77  
  

 

 

    

Unvested at December 31, 2017

     7,360,344        26.18  
  

 

 

    

The fair value of the restricted share units is estimated on the date of grant using a Monte Carlo Simulation model.

 

     Market Performance
Shares
     Weighted Average Grant
Date Fair Value
 

Unvested at December 31, 2016

     1,640,410      $ 29.52  

Granted

     524,350        24.13  

Vested

     (211,689 )       41.12  

Performance adjustment

     (608,011 )       35.85  
  

 

 

    

Unvested at December 31, 2017

     1,345,060        22.73