Equity Based Compensation and Profit Interests Awards (Tables)

12 Months Ended

Dec. 31, 2017

Equity Based Compensation and Profit Interest Awards

summary of changes in the restricted shares outstanding

		Weighted Average		Weighted Average
		Grant Date		Remaining
	Shares	Fair Value		Vesting Period
Outstanding at January 1, 2016	—	$	—	—
Granted	—		—	—
Forfeited	—		—	—
Outstanding at December 31, 2016	—		—	—
Granted	10,000		9.43	2.9 years
Forfeited	—		—	—
Outstanding at December 31, 2017	10,000	$	9.43	2.9 years

Well Services | Class C and D Units

Equity Based Compensation and Profit Interest Awards

Summary of unit activity

The following table summarizes the Class C and Class D unit activity for the years ended December 31, 2017, 2016 and 2015 (in millions):

	Class C units		Class D units
	Equity-based		Equity-based
	Compensation	Liability	Compensation	Liability
	Awards	Awards	Awards	Awards
Outstanding at January 1, 2015	1.0	0.3	0.2	-
Granted	1.0	0.4	0.1	0.1
Forfeited	—	—	—	—
Outstanding at December 31, 2015	2.0	0.7	0.3	0.1
Granted (1)	0.5	0.2	0.4	0.2
Forfeited	—	—	—	—
Outstanding at December 31, 2016	0.5	0.2	0.4	0.2
Granted	0.3	—	0.3	—
Forfeited	(0.2)	—	(0.3)	—
Outstanding at December 31, 2017	0.6	0.2	0.4	0.2

Schedule of assumptions used in the valuation and resulting grant date fair value

			2016
	2017		Pre-Modification		At Modification		2015
Period	5 years		5 years		5 years		5 years
Dividend Yield	—	%	—	%	—	%	—	%
Volatility	40	%	35 - 60	%	40	%	35 - 60	%
Risk Free Rate	1.2	%	1.0 - 1.6	%	1.2	%	1.0 - 1.6	%

Processing Solutions | Class B and C Units

Equity Based Compensation and Profit Interest Awards

Summary of unit activity

The following table summarizes the Class B and Class C unit activity for the years ended December 31, 2017, 2016 and 2015 (in millions):

	Class B	Class C(1)
Outstanding at January 1, 2015	1.0	—
Granted	—	—
Forfeited	—	—
Outstanding at December 31, 2015	1.0	—
Granted	—	—
Forfeited	(0.3)	—
Outstanding at December 31, 2016	0.7	—
Granted	0.3	—
Forfeited	—	—
Outstanding at December 31, 2017	1.0	—

(1)There were 2,000 Class C units outstanding at each date.

Schedule of assumptions used in the valuation and resulting grant date fair value

The following table presents the assumptions used in the valuation and resulting grant date fair value:

	Assumptions
Period	2.8	years
Dividend Yield	—	%
Volatility	28.1	%
Risk Free Rate	0.9	%