Stockholders' Equity

6 Months Ended

Jun. 30, 2017

Equity [Abstract]

Stockholders’ Equity

Stockholders’ Equity

Common Stock

In February 2017, Basic granted certain members of management 801,322 performance-based restricted stock units and 320,532 performance-based stock option awards, which each vest over a three-year period.

Treasury Stock

Basic has acquired treasury shares through net share settlements for payment of payroll taxes upon the vesting of certain restricted stock units and awards. Basic acquired a total of 1,032 shares through net share settlements during the first six months of 2017 and issued 29,398 shares from treasury stock for accelerated vestings and stock grants in the first six months of 2017 (Successor). Basic acquired 220,391 shares through net share settlements during the first six months of 2016 (Predecessor).