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Stock-Based Compensation Plans and Employee Benefits (Tables)
12 Months Ended
Dec. 31, 2020
Summary of Stock Option Activity The following table reflects the stock option activity:

 

 

 

 

 

Weighted-

 

 

Weighted-

Average

 

 

Aggregate

 

 

Number of Options

(Thousands)

 

 

Average

Exercise

Price

 

 

Remaining

Contractual Term

(Years)

 

 

Intrinsic

Value

(Thousands)

 

Balance December 31, 2017

 

588

 

 

$

27.64

 

 

 

 

 

 

 

 

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

 

Spin-off adjustment

 

139

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

(19

)

 

 

9.73

 

 

 

 

 

 

 

 

 

Forfeited

 

(262

)

 

 

32.26

 

 

 

 

 

 

 

 

 

Balance December 31, 2018

 

446

 

 

 

25.71

 

 

 

 

 

 

 

 

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

(12

)

 

 

9.73

 

 

 

 

 

 

 

 

 

Forfeited

 

(84

)

 

 

25.04

 

 

 

 

 

 

 

 

 

Balance December 31, 2019

 

350

 

 

 

26.42

 

 

 

 

 

 

 

 

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

 

 

 

 

 

 

 

 

 

 

 

Forfeited

 

(27

)

 

 

22.20

 

 

 

 

 

 

 

 

 

Balance December 31, 2020

 

323

 

 

$

26.77

 

 

 

4.0

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Options exercisable at December 31,

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2020

 

323

 

 

$

26.77

 

 

 

4.0

 

 

$

 

2019

 

333

 

 

 

26.58

 

 

 

4.7

 

 

 

 

2018

 

368

 

 

 

25.86

 

 

 

4.8

 

 

 

27

 

 

Summary of Activity of Employee Stock Option Exercises The following table summarizes the activity of employee stock option exercises that are primarily settled with newly issued common shares or with treasury shares, if available (in millions):

 

 

For the Year Ended December 31,

 

 

2020

 

 

2019

 

 

2018

 

Cash received for exercise price

$

 

 

$

0.1

 

 

$

0.2

 

Intrinsic value

 

 

 

 

 

 

 

0.1

 

VSEP Grants [Member]  
Activities for Unvested Restricted Stock Awards

The following table reflects the activity for the unvested awards pursuant to all restricted stock grants:

 

 

Awards

(Thousands)

 

 

Weighted-Average

Grant Date

Fair Value

 

Unvested at December 31, 2019

 

637

 

 

$

14.86

 

Granted

 

490

 

 

 

9.05

 

Vested

 

(195

)

 

 

16.75

 

Forfeited

 

(30

)

 

 

13.25

 

Unvested at December 31, 2020

 

902

 

 

$

11.35