XML 28 R18.htm IDEA: XBRL DOCUMENT v3.20.2
Stock-Based Compensation
 6 Months Ended
Jun. 30, 2020
Share-based Payment Arrangement [Abstract]  
Stock-Based Compensation Stock-Based Compensation

A summary of restricted share activity for the six months ended June 30, 2020 is as follows:

 
2020
 
Time-Based
 
Performance-Based
 
Number of Shares
 
Weighted Average
Grant Date
Fair Value
 
Number of Shares
 
Weighted Average
Grant Date
Fair Value
 
(In whole shares)
 
 
 
(In whole shares)
 
 
Outstanding - beginning of year
471,634

 
$
32.06

 
50,000

 
$
32.55

Granted(a)
296,093

 
17.73

 
—

 
—

Vested
(131,038
)
 
37.48

 
—

 
—

Canceled or expired
(5,000
)
 
37.55

 
—

 
—

Outstanding - end of period
631,689

 
$
24.11

 
50,000

 
$
32.55



(a) - Included in the granted amount are 6,100 restricted share units.

Stock-based compensation is included in Selling, general and administrative expenses in the consolidated statements of (loss) income. Total stock-based compensation expense (benefit) for the three months ended June 30, 2020 and 2019 was $1.3 million and $(0.2) million, respectively. Total stock-based compensation expense for the six months ended June 30, 2020 and 2019 was $2.7 million and $1.7 million, respectively. As of June 30, 2020, there was $11.0 million of unrecognized compensation cost related to non-vested stock-based compensation, which cost is expected to be recognized over a weighted-average period of 2.4 years.