W&T Offshore, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 8 - Share-based Compensation and Cash-based Incentive Compensation (Tables)

Note 8 - Share-based Compensation and Cash-based Incentive Compensation (Tables)

6 Months Ended

Jun. 30, 2020

Notes Tables

Schedule of Unvested Restricted Stock Units Roll Forward [Table Text Block]

		*Restricted Stock Units*
						*Weighted Average*
						*Grant Date Fair*
		*Units*				*Value Per Unit*
Nonvested, December 31, 2019			1,614,722			$	5.73
Forfeited			(37,753	)			6.21
Nonvested, June 30, 2020			1,576,969				5.71

Schedule of Nonvested Restricted Stock Units, Vesting Schedule [Table Text Block]

		*Restricted Stock Units*
2020			794,814
2021			782,155
Total			1,576,969

Nonvested Restricted Stock Shares Activity [Table Text Block]

	*Restricted Shares*
				*Weighted Average*
				*Grant Date Fair*
	*Shares*			*Value Per Share*
Nonvested, December 31, 2019	123,180			$ 4.55
Vested	(78,428)			3.57
Nonvested, June 30, 2020	44,752			6.27

Schedule of Nonvested Restricted Stock, Vesting Schedule [Table Text Block]

		*Restricted Shares*
2021			29,300
2022			15,452
Total			44,752

Share-based Payment Arrangement, Cost by Plan [Table Text Block]

		*Three Months Ended June 30,*								*Six Months Ended June 30,*
		*2020*				*2019*				*2020*				*2019*
Share-based compensation expense from:
Restricted stock units ⁽¹⁾		$	949			$	1,189			$	1,927			$	1,041
Restricted Shares			70				70				140				140
Total		$	1,019			$	1,259			$	2,067			$	1,181

Schedule of Incentive Compensation Expense [Table Text Block]

		*Three Months Ended June 30,*								*Six Months Ended June 30,*
		*2020*				*2019*				*2020*				*2019*
Share-based compensation included in:
General and administrative expenses		$	1,019			$	1,259			$	2,067			$	1,181
Cash-based incentive compensation included in:
Lease operating expense ⁽¹⁾			—				402				849				279
General and administrative expenses ⁽¹⁾			159				1,243				3,790				3,338
Total charged to operating income		$	1,178			$	2,904			$	6,706			$	4,798