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2337301 - Disclosure - Equity-Based Compensation (Tables)
(http://amplifysnackbrands.com/role/EquityBasedCompensationTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001640313 (http://www.sec.gov/CIK)
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
 
Schedule of Fair Value Assumptions of Stock Options
The fair value of stock option awards is estimated on the grant date using the Black-Scholes valuation model with the following assumptions:
 
 
Year Ended December 31,
 
 
2016
 
2015
Expected volatility (1)
 
26.9
%
-
27.5%
 
34.0%
Expected dividend yield (2)
 
—%
 
—%
Expected option term (3)
 
6.0 years
 
5.0 years
Risk-free interest rate (4)
 
1.28
%
-
2.09%
 
1.72%
(1)    The expected volatility assumption was calculated based on a peer group analysis of stock price volatility with a six-year look back period ending on the grant date.
(2)    We have not paid and do not anticipate paying a cash dividend on our common stock.
(3)    We utilized the simplified method to determine the expected term of the stock options since we do not have sufficient historical exercise data to provide a reasonable basis upon which to estimate expected term.

(4)    The risk-free interest rate was based on the U.S. Treasury yield curve in effect at the time of grant, which
corresponds to the expected term of the stock options.
  
Schedule of Stock Option Activity
The following table summarizes the Company's stock option activity for the successor years ended December 31, 2016 and 2015:
 
 
Number of Options
 
Weighted Average Remaining Contractual Life (years)
 
Weighted Average Exercise Price
 
Weighted Average Grant Date Fair Value
Outstanding as of December 31, 2014
 
—

 
—

 
$
—

 
$
—

Granted
 
150,000

 
10.00

 
10.72

 
3.50

Exercised
 
—

 
—

 
—

 
—

Forfeited
 
—

 
—

 
—

 
—

Outstanding as of December 31, 2015
 
150,000

 
10.00

 
$
10.72

 
$
3.50

Granted
 
342,667

 
9.36

 
12.64

 
4.30

Exercised
 
—

 
—

 
—

 
—

Forfeited
 
(150,000
)
(1) 
8.96

 
10.72

 
3.50

Outstanding as of December 31, 2016
 
342,667

 
9.36

 
$
12.64

 
$
4.30

Exercisable as of December 31, 2016
 
37,500

(1) 
8.96

 
$
10.72

 
$
7.35



(1) 
During the year ended December 31, 2016, the Company accelerated vesting of 37,500 options concurrent with the termination of an employee and the original award of 150,000 options was forfeited. As a result, the Company reversed equity-based compensation expense of approximately $0.1 million previously recognized for the original unvested award and recognized equity-based compensation expense of approximately $0.3 million equal to the fair value of the modified award.

  
Schedule of Unvested Restricted Stock Units Activity
The following table summarizes the activity of the Company's unvested RSUs for the successor years ended December 31, 2016 and 2015:
 
 
Number of RSUs
 
Weighted Average Grant Date Fair Value
Unvested as of December 31, 2014
 
—

 
$
—

Issued
 
98,500

 
12.65

Forfeited
 
—

 
—

Vested
 
—

 
—

Unvested as of December 31, 2015
 
98,500

 
$
12.65

Issued
 
1,619,634

 
15.37

Forfeited (1)
 
(56,582
)
 
13.33

Vested
 
(21,251
)
 
12.65

Unvested as of December 31, 2016
 
1,640,301

 
$
15.31


(1)    Includes shares withheld to satisfy tax obligations upon vesting.
  
Schedule of Unvested Restricted Stock Award Activity
The following table summarizes the activity of the Company's unvested RSAs for the successor years ended December 31, 2016 and 2015:
 
 
Number of RSAs
 
Weighted Average Grant Date Fair Value
Unvested as of December 31, 2014
 
—

 
$
—

Issued (1)
 
6,343,036

 
1.37

Forfeited
 
(156,530
)
 
1.00

Vested
 
(1,194,648
)
 
1.10

Unvested as of December 31, 2015
 
4,991,858

 
1.45

Issued
 
—

 
—

Forfeited
 
(162,410
)
 
1.66

Vested
 
(1,880,453
)
 
1.47

Unvested as December 31, 2016
 
2,948,995

 
$
1.43


(1)    Issued in connection with the conversion of 12,182,050 Class C Units of Topco, the former parent entity of the
Company prior to the consummation of the Corporate Reorganization.