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Equity-Based Compensation (Tables)
12 Months Ended
Sep. 30, 2018
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of Historical Activity for Units

A summary of the Company’s historical activity for the Units is presented in the following table:

Class B Units

 

Shares

 

Outstanding at December 31, 2015

 

 

7,321

 

Granted

 

 

4,647

 

Less: Redeemed

 

 

1,524

 

Less: Forfeited

 

 

3,393

 

Outstanding at December 31, 2016

 

 

7,051

 

Granted

 

 

1,304

 

Less: Redeemed

 

 

155

 

Less: Forfeited

 

 

650

 

Outstanding at September 30, 2017

 

 

7,550

 

Summary of Stock Options Activity

A summary of the Company’s stock option activity for the year ended September 30, 2018 is presented in the following table:

Stock Options

 

Shares

 

Weighted Average Exercise Price

 

Outstanding at October 1, 2017

 

 

 

 

 

 

Grants in connection with the IPO

 

 

5,747

 

$

22.00

 

Less: Exercised

 

 

 

 

 

 

Less: Forfeited and expired units

 

 

 

 

 

 

Outstanding at September 30, 2018

 

 

5,747

 

$

22.00

 

Vested and exercisable at September 30, 2018

 

 

2,175

 

 

 

 

Expected to vest after September 30, 2018

 

 

3,572

 

$

22.00

 

Schedule of Weighted-Average Assumptions Used in Valuation of Unit Awards Granted or Modified

The weighted-average assumptions used in the valuation of Unit awards and stock option awards granted or modified for the year ended September 30, 2018, the nine months ended September 30, 2017 and the year ended December 31, 2016 are presented in the table below:

 

 

 

Fiscal Year Ended

 

 

Nine Months Ended

 

 

Year Ended

 

 

 

September 30, 2018

 

 

September 30, 2017

 

 

December 31, 2016

 

Assumptions:

 

 

 

 

 

 

 

 

 

 

 

 

Risk-free interest rate

 

 

2.77

%

 

 

1.37

%

 

 

1.42

%

Dividend yield

 

 

 

 

 

 

 

 

 

Volatility factor

 

 

26.93

%

 

 

46.00

%

 

 

43.00

%

Expected term (in years)

 

 

6.0

 

 

 

2.6

 

 

 

3.1