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Predecessor Incentive Plan (Tables)
12 Months Ended
Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Stock Options Outstanding
The following table reflects the summary of stock options outstanding at December 31, 2016:
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
Weighted
 
Average
 
Aggregate
 
 
Number of
 
Average
 
Remaining
 
Intrinsic
 
 
Options
 
Exercise
 
Contractual
 
Value
 
 
Granted
 
Price
 
Term (Years)
 
(000's)
Non-statutory stock options:
 
 
 
 
 
 
 
 
Outstanding, beginning of period
 

 
$

 
 
 
 
Options granted
 
323,770

 
36.55

 
 
 
 
Options forfeited
 

 
$

 
 
 
 
Options exercised
 

 
$

 
 
 
 
Options expired
 

 
$

 
 
 
 
Outstanding, end of period
 
323,770

 
$
36.55

 
9.98
 
Exercisable, end of period
 

 


 

 
Vested or expected to vest, end of period
 
323,770

 
$
36.55

 
9.98
 
The following table reflects the summary of stock options outstanding at December 31, 2016 and the changes during the twelve months then ended:
 
 
Predecessor Stock Option Awards
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
Weighted
 
Average
 
Aggregate
 
 
Number of
 
Average
 
Remaining
 
Intrinsic
 
 
Options
 
Exercise
 
Contractual
 
Value
 
 
Granted
 
Price
 
Term (Years)
 
(000's)
Non-statutory stock options:
 
 
 
 
 
 
 
 
Outstanding, beginning of period
 
175,000

 
$
26.29

 
 
 
 
Options granted
 

 

 
 
 
 
Options forfeited
 

 
$

 
 
 
 
Options exercised
 

 
$

 
 
 
 
Options expired
 
(152,000
)
 
$
26.84

 
 
 
 
Outstanding, end of period
 
23,000

 
$
22.66

 
0.19
 
Exercisable, end of period
 
23,000

 
$
22.66

 
0.19
 
Vested or expected to vest, end of period
 
23,000

 
$
22.66

 
0.19
 
Summary of Non-Vested Shares
A summary of the status of Basic’s non-vested RSU grants at December 31, 2016 and changes during the year ended December 31, 2016 is presented in the following table: 
 
 
 
 
Weighted Average
 
 
Number of
 
Grant Date Fair
 
 
Units
 
Value Per Unit
Nonvested at beginning of period
 

 
$

Granted during period
 
809,416

 
36.55

Vested during period
 
(269,810
)
 
36.55

Forfeited during period
 

 

Nonvested at end of period
 
539,606

 
$
36.55

A summary of the status of Basic’s non-vested share grants at December 31, 2015 and changes during the year ended December 31, 2016 is presented in the following table: 
 
 
Predecessor Plan
 
 
 
 
Weighted Average
 
 
Number of
 
Grant Date Fair
 
 
Shares
 
Value Per Share
Nonvested at beginning of period
 
1,967,376

 
$
14.34

Granted during period
 
790,263

 
2.73

Vested during period
 
(860,104
)
 
15.04

Forfeited during period
 
(9,044
)
 
24.05

Nonvested at end of period
 
1,888,491

 
$
9.12