Quarterly report pursuant to Section 13 or 15(d)

Selling, General and Administrative Expense

v3.21.2
Selling, General and Administrative Expense
 6 Months Ended
Jun. 30, 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 June 30, Six Months Ended June 30,
2021 2020 2021 2020
Cash expenses:
Compensation and benefits $ 3,333  $ 3,720  $ 8,027  $ 7,690 
Professional services 5,806  6,147  9,211  9,684 
Other(a)
2,464  2,100  4,806  4,409 
Total cash SG&A expense 11,603  11,967  22,044  21,783 
Non-cash expenses:
Bad debt provision 76  1,624  10,201  1,679 
Stock based compensation 304  135  586  1,035 
Total non-cash SG&A expense 380  1,759  10,787  2,714 
Total SG&A expense $ 11,983  $ 13,726  $ 32,831  $ 24,497 
a.    Includes travel-related costs, information technology expenses, rent, utilities and other general and administrative-related costs.
b. The bad debt provision for the six months ended June 30, 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.