Quarterly report pursuant to Section 13 or 15(d)

Selling, General and Administrative Expense

v3.21.1
Selling, General and Administrative Expense
 3 Months Ended
Mar. 31, 2021
Other Income and Expenses [Abstract]  
Selling, General and Administrative Expense Selling, General and Administrative Expense
    Selling, general and administrative (“SG&A”) expense includes of the following (in thousands):
Three Months Ended March 31,
2021 2020
Cash expenses:
Compensation and benefits $ 4,694  $ 3,969 
Professional services 3,405  3,538 
Other(a)
2,342  2,309 
Total cash SG&A expense 10,441  9,816 
Non-cash expenses:
Bad debt provision 10,125  55 
Stock based compensation 282  900 
Total non-cash SG&A expense 10,407  955 
Total SG&A expense $ 20,848  $ 10,771 
a.    Includes travel-related costs, information technology expenses, rent, utilities and other general and administrative-related costs.
b. The bad debt provision for the three months ended March 31, 2021, includes $10.0 million related to the voluntary petitions for relief filed on November 13, 2020, by Gulfport and its subsidiaries. See Notes 2 and 18.