Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2020

Share-based Payment Arrangement [Abstract]

Schedule of Restricted Stock Awards and Stock Options

The following table summarizes the amount recorded for stock-based compensation, which consisted of restricted stock awards and stock options, for the time periods shown:

	Predecessor
	Two Months Ended		Three Months Ended		Eight Months Ended		Nine Months Ended
	August 31,		September 30,		August 31,		September 30,
	2020		2019		2020		2019
	(In millions)
Recognized stock compensation expense (1)	$	2.0	$	4.5	$	6.1	$	13.0
Capitalized stock compensation cost for our oil and natural gas properties	—		0.7		—		2.0
Tax benefit on stock-based compensation	0.5		1.1		1.5		3.2

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1.When the company's equity-based awards were cancelled on the Effective Date, we immediately recognized the expense for the cancelled awards of $1.4 million as reorganization costs, net.

Schedule of Fair Value of the Restricted Stock Awards Granted During the Periods

This table shows the fair value of restricted stock awards granted to employees and non-employee directors during the periods indicated:

	Nine Months Ended
	September 30, 2019
	Time Vested			Performance Vested
Shares granted:
Employees	927,173			424,070
Non-employee directors	72,784			—
	999,957			424,070
Estimated fair value (in millions): (1)
Employees	$	14.6		$	7.1
Non-employee directors	0.9			—
	$	15.5		$	7.1
Percentage of shares granted expected to be distributed:
Employees	95		%	52		%
Non-employee directors	100		%	N/A

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1.The performance shares represent 100% of the grant date fair value. (We recognize the grant date fair value minus estimated forfeitures.)