Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.10.0.1
Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Nonvested Share Activity
The following table sets forth the restricted stock transactions for the nine months ended September 30, 2018:

 
Restricted Stock
Weighted-Average Grant Date Fair Value
Outstanding - December 31, 2017
105,666

$
7.95

Granted
156,653

7.57

Vested
(105,666
)
7.95

Forfeited


Outstanding - September 30, 2018
156,653

$
7.57

The following table sets forth market based performance share unit transactions for the nine months ended September 30, 2018:
 
Performance Restricted Stock Units
Weighted-Average Grant Date Fair Value
Nonvested - December 31, 2017

$

Granted
432,973

8.99

Vested
(46,649
)
8.99

Forfeited
(98,318
)
8.99

Nonvested - September 30, 2018
288,006

$
8.99

The following table sets forth stock-settled time-based restricted stock unit transactions for the nine months ended September 30, 2018:

 
Restricted Stock Units
Weighted-Average Grant Date Fair Value
Nonvested - December 31, 2017
713,939

$
9.88

Granted
523,350

6.67

Vested
(347,512
)
9.44

Forfeited
(187,218
)
7.98

Nonvested - September 30, 2018
702,559

$
8.21

The following table sets forth cash-settled restricted stock unit transactions for the nine months ended September 30, 2018:

 
Cash-Settled Restricted Stock Units
Weighted-Average Grant Date Fair Value
Nonvested - December 31, 2017

$

Granted
98,743

6.62

Vested


Forfeited
(12,190
)
6.60

Nonvested - September 30, 2018
86,553

$
6.63

Schedule of Assumptions Used to Value the Market Based Performance Awards
The following assumptions were used to value the market based performance awards:

Expected volatility
89.5
%
Risk-free interest rate
2.4
%
Dividend yield
%
Expected life (years)
2.77