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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2020
Share-based Payment Arrangement [Abstract]  
Summary of Compensation Cost
A summary of compensation cost recognized for stock-based payment arrangements is as follows:
 
Three Months Ended March 31,
(in thousands)
2020
 
2019
Compensation cost recognized:
 
 
 
Restricted stock and restricted stock units
570

 
387

Total stock-based compensation
$
570

 
$
387

Summary of Stock Option Activity and Related Information
A summary of stock option activity and related information for the three months ended March 31, 2020 is as follows:
 
Three Months Ended March 31, 2020
 
Options
 
Weighted
Average
Exercise
Price
Outstanding at January 1, 2020
33,458

 
$
254.80

Granted

 

Exercised

 

Forfeited/expired

 

Outstanding at March 31, 2020
33,458

 
$
254.80

Exercisable at March 31, 2020
33,458

 
$
254.80

Schedule of Restricted Stock Activity
A summary of the status of our time-based restricted stock unit awards and of changes in our time-based restricted stock unit awards outstanding for the three months ended March 31, 2020 is as follows:
 
Three Months Ended March 31, 2020
 
RSUs
 
Weighted
Average
Grant-Date
Fair Value
Per Share
Outstanding at January 1, 2020
44,439

 
$
59.71

Granted
62,534

 
11.98

Vested and converted
(9,561
)
 
38.80

Forfeited
(3,031
)
 
38.80

Outstanding at March 31, 2020
94,381

 
$
30.88

A summary of the status of our time-based restricted stock awards and of changes in our time-based restricted stock awards outstanding for the three months ended March 31, 2020 is as follows:
 
Three Months Ended March 31, 2020
 
Shares
 
Weighted
Average
Grant-Date
Fair Value
Per Share
Outstanding at January 1, 2020
62,817

 
$
64.40

Granted

 

Vested

 

Forfeited

 

Outstanding at March 31, 2020
62,817

 
$
64.40

A summary of the status of our performance-based and market-based restricted stock unit awards and of changes in our restricted stock unit awards outstanding for the three months ended March 31, 2020 is as follows:
 
Three Months Ended March 31, 2020
 
RSUs
 
Weighted
Average
Grant-Date
Fair Value
Per Share
Outstanding at January 1, 2020
23,480

 
$
33.90

Granted
24,854

 
12.50

Vested and converted

 

Forfeited

 

Outstanding at March 31, 2020
48,334

 
$
22.90