Equity Based Compensation (Tables)

12 Months Ended

Dec. 31, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan

The Company has recognized non-cash stock-based compensation cost as shown below. Historical amounts may not be representative of future amounts as the value of future awards may vary from historical amounts.

	Successor
	October 11, 2016 through December 31, 2016
(in thousands)
Restricted stock awards	$	405
Stock option awards	928
Total equity based compensation expense	$	1,333

Nonvested Restricted Stock Shares Activity

The following table provides information about restricted stock awards granted in 2016:

	Successor
	Awards	Weighted Average Grant-Date Fair Value
Service-based stock awards:
Outstanding as of October 11, 2016	—	$	—
Vested	—	$	—
Granted	256,597	$	20.03
Canceled	—	$	—
Outstanding as of December 31, 2016	256,597	$	20.03

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The following summarizes the options granted and related information, and the assumptions used to determine the fair value of those options.

	Successor
	October 11, 2016 through December 31, 2016
Options granted	2,760,500
Weighted average grant-date fair value	$	5.93
Weighted average exercise price	$	14.67
Total fair value (in thousands)	$	16,375
Expected term	6
Expected stock volatility	40.0		%
Dividend yield	—		%
Risk-free interest rate	1.5		%

Schedule of Share-based Compensation, Stock Options, Activity

Information about outstanding stock options is summarized in the table below:

	Options		Weighted Average Exercise Price		Weighted Average Remaining Term (in years)	Aggregate Intrinsic Value (in thousands)
Outstanding as of October 11, 2016	—		$	—	—	—
Exercised	—		$	—	—	—
Granted	2,760,500		$	14.67	5.8	$	13,934
Forfeited	(25,000	)	$	14.52	5.8	$	130
Outstanding as of December 31, 2016	2,735,500		$	14.67	5.8	$	13,804
Exercisable as of December 31, 2016	—		$	—	—	$	—

The following summary reflects the status of non-vested stock options as of December 31, 2016 and changes since the Business Combination on October 11, 2016:

	Options		Weighted Average Grant-Date Fair Value		Weighted Average Exercise Price
Non-vested as of October 11, 2016	—		$	—	$	—
Vested	—		$	—	$	—
Granted	2,760,500		$	5.93	$	14.67
Forfeited	(25,000	)	$	5.86	$	14.52
Non-vested as of December 31, 2016	2,735,500		$	5.93	$	14.67