XML 95 R17.htm IDEA: XBRL DOCUMENT v3.19.3
Stock-Based Compensation
 9 Months Ended
Sep. 30, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
STOCK-BASED COMPENSATION STOCK-BASED COMPENSATION
The Company has stock incentive plans for executives, directors and eligible employees. Stock awards include performance shares, restricted stock and stock options. Stock-based compensation expense for the three and nine months ended September 30, 2019 was $2.5 million and $6.7 million, respectively, compared to $2.0 million and $6.6 million for the three and nine months ended September 30, 2018, respectively. At September 30, 2019, there was $8.1 million of unrecognized stock-based compensation cost which is expected to be recognized over a weighted-average remaining vesting period of 1.6 years.
The following table summarizes the grants awarded during the nine months ended September 30, 2019:
Grant date
 
Restricted
stock
 
Grant date fair
value of
restricted stock
 
Performance
shares
 
Grant date fair
value of
performance
shares
February 5, 2019
 
435,173

 
$
5.08

 
628,943

 
$
5.54

February 19, 2019
 
854,058

 
$
5.17

 
80,850

 
$
5.54

May 1, 2019
 
87,775

 
$
3.42

 
—

 
$
—

June 12, 2019
 
102,373

 
$
3.21

 
—

 
$
—

July 17, 2019
 
27,383

 
$
4.80

 
—

 
$
—