Stock-Based Compensation

3 Months Ended

Mar. 31, 2017

A summary of stock-based compensation costs follows (in millions):



	Three Months Ended March 31,
	2017		2016

Total stock-based compensation costs:
Restricted stock units	$	—	$	0.1
Stock options	0.1		0.1
Expense included in selling, general and administrative expense	$	0.1	$	0.2

Total recognized tax benefit	$	—	$	—

As of March 31, 2017, there was $0.6 million of unrecognized compensation cost related to unvested stock-based payments granted, of which $0.6 million relates to stock options and less than $0.1 million relates to unvested restricted stock units. That cost is expected to be recognized over a weighted-average period of 1.7 years.

Stock-based compensation cost is measured at the grant date, based on the fair value of the award, and is recognized on a straight-line basis over the requisite service period. Stock options vest and become exercisable in equal annual installments over a three- or four-year period and expire 10 years from the date of grant. There were no grants of stock-based compensation in the three months ended March 31, 2017 or 2016.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References + Details