XML 54 R44.htm IDEA: XBRL DOCUMENT v3.19.2
Stock Compensation Plans and Share-Based Compensation Awards (Tables)
6 Months Ended
Jun. 30, 2019
Stock Compensation Plans and Share-Based Compensation Awards  
Summary of share based compensation expense and related income tax benefit recognized for share-based compensation awards

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Three Months Ended June 30, 

    

Six Months Ended June 30, 

 

 

2019

 

2018

 

2019

 

2018

 

 

 

(In thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Share-based compensation expense

 

$

2,977

 

$

52,134

 

$

4,822

 

$

52,134

 

Income tax benefit

 

$

260

 

$

3,846

 

$

399

 

$

3,846

 

 

Summary of stock option activity

 

A summary of stock option activity is as follows (in thousands, except per share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Number of Options

 

Weighted average grant date fair value

 

Weighted average exercise price

 

Weighted average remaining contractual term

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2018

 

2,086

 

$

6.77

 

$

16.22

 

 

 

Granted

 

1,358

 

 

9.45

 

 

26.12

 

 

 

Exercised

 

(29)

 

 

6.68

 

 

16.00

 

 

 

Forfeited

 

(99)

 

 

7.64

 

 

19.06

 

 

 

Balance at June 30, 2019

 

3,316

 

$

7.84

 

$

20.20

 

 

9.23

Exercisable at June 30, 2019

 

471

 

$

6.68

 

$

16.00

 

 

8.90

 

Summary of assumptions used in estimating the grant date fair values

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Six Months Ended June 30, 

 

 

2019

 

2018

 

 

 

 

 

 

 

 

 

 

 

 

 

Expected life (in years)

 

 

7.00

 

 

7.00

Weighted average risk-free interest rate

 

 

2.56%

 

 

3.02%

Expected volatility

 

 

32.76%

 

 

33.99%

Dividend yield

 

 

0.00%

 

 

0.00%

Weighted average fair value at grant date

 

$

9.45

 

$

6.68

 

RSAs  
Stock Compensation Plans and Share-Based Compensation Awards  
Summary of stock activity

A summary of RSA activity is as follows (in thousands, except per share data):

 

 

 

 

 

 

 

 

    

Number of RSAs

 

Weighted average grant date fair value

 

 

 

 

 

 

Balance at December 31, 2018

 

42

 

$

16.00

Granted

 

 —

 

 

 —

Vested

 

(25)

 

 

16.00

Forfeited

 

(2)

 

 

16.00

Balance at June 30, 2019

 

15

 

$

16.00

 

RSUs  
Stock Compensation Plans and Share-Based Compensation Awards  
Summary of stock activity

A summary of RSU activity is as follows (in thousands, except per share data):

 

 

 

 

 

 

 

 

    

Number of RSUs

 

Weighted average grant date fair value

 

 

 

 

 

 

Balance at December 31, 2018

 

506

 

$

16.30

Granted

 

501

 

 

26.12

Vested

 

(131)

 

 

16.00

Forfeited

 

(26)

 

 

19.82

Balance at June 30, 2019

 

850

 

$

22.04