Quarterly report pursuant to Section 13 or 15(d)

SHARE-BASED COMPENSATION AND OTHER EMPLOYEE BENEFIT PLANS (Tables)

v3.20.2
SHARE-BASED COMPENSATION AND OTHER EMPLOYEE BENEFIT PLANS (Tables)
 3 Months Ended
Jun. 30, 2020
Share-based Payment Arrangement [Abstract]  
Schedule of components of net periodic pension cost The following table provides a detail of the components of net periodic pension cost (benefit) (in thousands):
 
 
 
 
 
 

 
 
Successor
 
 
Predecessor
 
 
Three Months Ended  June 30, 2020
 
 
Three Months Ended  June 30, 2019
Service cost for benefits earned during the period
 
$
291

 
 
$
159

Interest cost on pension benefit obligation
 
2,242

 
 
2,919

Expected return on assets
 
(3,106
)
 
 
(4,005
)
Prior service costs
 
—

 
 
35

Amortization of unrecognized losses
 
—

 
 
2,061

Net periodic pension cost (benefit) (1)
 
$
(573
)
 
 
$
1,169

___________________________ 
(1) 
Included in other income (expense), net on the condensed consolidated statements of operations.
Schedule of share-based payment award, stock options, valuation assumptions The following table shows the assumptions used to compute the stock-based compensation expense for stock options granted during the three months ended June 30, 2020 (Successor):
 
Common Stock Options
Risk free interest rate
0.5
%
Expected life (years)
6.5

Volatility
80.0
%
Weighted average exercise price of options granted
15.76

Weighted average grant-date fair value of options granted
10.99