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)

9 Months Ended

Sep. 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			(51,915	)			6.10
Nonvested, September 30, 2020			1,562,807				5.71

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

		*Restricted Stock Units*
2020		787,203
2021		775,604
Total		1,562,807

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
Granted			109,376				2.53
Vested			(78,428	)			3.57
Nonvested, September 30, 2020			154,128			$	3.61

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

		*Restricted Shares*
2021		138,676
2022		15,452
Total		154,128

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

		*Three Months Ended September 30,*								*Nine Months Ended September 30,*
		*2020*				*2019*				*2020*				*2019*
Share-based compensation expense from:
Restricted stock units (1)		$	927			$	1,178			$	2,854			$	2,219
Restricted Shares			148				70				288				210
Total		$	1,075			$	1,248			$	3,142			$	2,429

Schedule of Incentive Compensation Expense [Table Text Block]

		*Three Months Ended September 30,*								*Nine Months Ended September 30,*
		*2020*				*2019*				*2020*				*2019*
Share-based compensation included in:
General and administrative expenses		$	1,075			$	1,248			$	3,142			$	2,429
Cash-based incentive compensation included in:
Lease operating expense (1)			—				672				849				951
General and administrative expenses (1)			154				1,679				3,944				5,017
Total charged to operating income		$	1,229			$	3,599			$	7,935			$	8,397