XML 59 R44.htm IDEA: XBRL DOCUMENT v3.19.3
Stock Compensation Plans and Share-Based Compensation Awards (Tables)
9 Months Ended
Sep. 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 September 30, 

    

Nine Months Ended September 30, 

 

 

2019

 

2018

 

2019

 

2018

 

 

 

(In thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Share-based compensation expense

 

$

3,019

 

$

1,758

 

$

7,841

 

$

53,893

 

Income tax benefit

 

$

289

 

$

68

 

$

688

 

$

3,914

 

 

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

 

1,384

 

 

9.47

 

 

26.19

 

 

 

Exercised

 

(50)

 

 

6.80

 

 

16.32

 

 

 

Forfeited

 

(128)

 

 

8.07

 

 

20.78

 

 

 

Balance at September 30, 2019

 

3,292

 

$

7.85

 

$

20.24

 

 

8.98

Exercisable at September 30, 2019

 

455

 

$

6.70

 

$

16.06

 

 

8.65

 

Summary of assumptions used in estimating the grant date fair values

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Nine Months Ended September 30, 

 

 

2019

 

2018

 

 

 

 

 

 

 

 

 

 

 

 

 

Expected life (in years)

 

 

7.00

 

 

7.00

Weighted average risk-free interest rate

 

 

2.59%

 

 

3.04%

Expected volatility

 

 

33.35%

 

 

34.28%

Dividend yield

 

 

0.00%

 

 

0.00%

Weighted average fair value at grant date

 

$

9.46

 

$

6.84

 

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 September 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

 

515

 

 

26.21

Vested

 

(139)

 

 

16.27

Forfeited

 

(36)

 

 

21.79

Balance at September 30, 2019

 

846

 

$

22.11