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EQUITY-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2019
Schedule of equity option activity and related information

For the six months ended June 30, 2019

    

Weighted-average

Weighted-average

Remaining Contractual

Aggregate Intrinsic

Stock Options

Exercise Price

Term (Years)

Value (in thousands) (a)

Beginning balance, outstanding

 

3,865,678

$

16.00

4.9

$

19

Granted

 

Exercised

Forfeited

 

(12,459)

17.83

Expired

(27,303)

22.21

Ending balance, outstanding

 

3,825,916

$

15.95

4.7

$

2,516

Ending balance, exercisable

3,373,046

$

15.26

4.3

$

2,189

Nonvested at end of period

452,870

$

21.06

(a) Aggregate intrinsic value for stock options is based on the difference between the exercise price of the stock options and the quoted closing Class A Common Stock price of $11.61 and $6.32 as of June 28, 2019 and December 31, 2018, respectively.  

Schedule of percentage of stock settled incentives earned

Stock Price at Vesting Date(1)

Percentage of Target Amount Earned

Less than $20.00

0%

At least $20.00, but less than $25.00

100%

$25.00 or greater

200%

(1)The stock price at vesting date equals the greater of (i) the fair market value of a share of the Class A Common Stock on the vesting date, or (ii) the volume weighted average closing price of a share of the Class A Common Stock, as reported on the New York Stock Exchange (“NYSE”), for the 30 trading days preceding the vesting date.
Schedule of stock-settled incentive awards outstanding

Award Value

Value at Target

Being Recognized

Nonvested as of December 31, 2018

$

3,147

$

1,202

Granted during 2019

Forfeited during 2019

(210)

(80)

Nonvested as of June 30, 2019

$

2,937

$

1,122

summary of ESPP activity

The following table summarizes ESPP activity (in thousands, except shares):

For the six months ended June 30, 2019

Cash received for shares issued

$

56

Shares issued

5,667

Restricted Stock  
Schedule of restricted stock activity

For the six months ended June 30, 2019

Weighted-average

Restricted Stock Awards

Grant Date Fair Value

Nonvested at December 31, 2018

496,945

$

19.02

Granted

1,373,930

8.77

Vested

(255,582)

18.80

Forfeited

(8,822)

19.79

Nonvested at June 30, 2019

1,606,471

$

10.28

Restricted Stock Units  
Schedule of restricted stock activity

For the six months ended June 30, 2019

    

    

Weighted-average

Restricted Stock Units

Grant Date Fair Value

Nonvested at December 31, 2018

 

2,500

$

19.00

Granted

 

Vested

 

(1,250)

19.00

Nonvested at June 30, 2019

 

1,250

$

19.00

Performance share units  
Schedule of percentage of target PSUs earned

Return on Assets at Performance Period End Date

Percentage of Target PSUs Earned

Less than 9.6%

0%

9.6%

50%

12%

100%

14.4%

175%

Summary of activity related to the units outstanding

Performance Share Units

Nonvested as of December 31, 2018

255,364

Target shares granted

769,741

Target shares vested

Target shares forfeited

(9,442)

Target shares outstanding as of June 30, 2019

1,015,663