XML 39 R28.htm IDEA: XBRL DOCUMENT v3.8.0.1
Share-Based Compensation (Tables)
 3 Months Ended
Mar. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Share-based Compensation Expense [Table Text Block]
Share-based compensation expense is recognized within "General and administrative" expense on the Condensed Consolidated Statements of Operations and is summarized in the table below. During the three months ended March 31, 2018, the Company recorded an additional $2.8 million of share-based compensation expense related to the acceleration of vesting incurred as part of the severance program (refer to Note 8 – Restructuring for additional information):
 
Three Months Ended
 
March 31,
 
2018
 
2017
 
(in millions)
Stock options
$
0.5

 
$
0.6

Restricted share awards
8.8

 
7.3

Performance share units
1.9

 
(1.9
)
Restricted share units
—

 
—

Total share-based compensation expense
$
11.2

 
$
6.0
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

Stock option transactions under the terms of the LTSIP are summarized below:
 
Options Outstanding
 
Weighted-Average Exercise Price
 
Weighted-Average Remaining Contractual Term
 
Aggregate Intrinsic Value
 
 
 
(per share)
 
(in years)
 
(in millions)
Outstanding at December 31, 2017
2,354,277

 
$
23.62

 
 
 
 
Canceled
(202,235
)
 
39.07

 
 
 
 
Outstanding at March 31, 2018
2,152,042

 
$
22.17

 
3.56
 
$
—

Options Exercisable at March 31, 2018
1,743,963

 
$
23.96

 
3.10
 
$
—

Unvested Options at March 31, 2018
408,079

 
$
14.51

 
5.56
 
$
—
Schedule of Share-based Compensation, Restricted Share Awards Activity [Table Text Block]
Transactions involving restricted share units under the terms of the LTSIP are summarized below:
 
Restricted Share Units Outstanding
 
Weighted-Average Grant Date Fair Value
 
 
 
(per share)
Unvested balance at December 31, 2017
21,946

 
$
13.22

Granted
31,835

 
9.55

Vested
(9,320
)
 
12.56

Unvested balance at March 31, 2018
44,461

 
$
10.73


Transactions involving restricted share awards under the terms of the LTSIP are summarized below:
 
Restricted Share Awards Outstanding
 
Weighted-Average Grant Date Fair Value
 
 
 
(per share)
Unvested balance at December 31, 2017
3,721,334

 
$
13.23

Granted
2,929,369

 
9.55

Vested
(1,414,155
)
 
14.83

Forfeited
(86,386
)
 
11.31

Unvested balance at March 31, 2018
5,150,162

 
$
10.73
Schedule of Other Share-based Compensation, PSUs & RSUs [Table Text Block]

Transactions involving performance share units under the terms of the CIP are summarized below:
 
Performance Share Units Outstanding
 
Weighted-Average Grant Date Fair Value
 
 
 
(per share)
Unvested balance at December 31, 2017
1,199,336

 
$
14.59

Granted
724,095

 
9.55

Vested and Paid
(229,620
)
 
21.69

Unvested balance at March 31, 2018
1,693,811

 
$
11.47