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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock-Based Compensation Expense, Income Tax Benefits Related to Stock-Based Compensation and Excess Tax Benefits (Provision) Recorded by Company

The following table summarizes the stock-based compensation expense (primarily in the Americas), income tax benefits related to the stock-based compensation and excess tax benefits (deficiencies) (in thousands):

 

     Years Ended December 31,  
     2015     2014     2013  

Stock-based compensation (expense) (1)

   $ (8,749   $ (6,381   $ (4,873

Income tax benefit (2)

     3,281        2,233        1,706   

Excess tax benefit (deficiency) from stock-based compensation (3)

     422        (82     (187

 

(1) 

Included in “General and administrative” costs in the accompanying Consolidated Statements of Operations.

 

(2) 

Included in “Income taxes” in the accompanying Consolidated Statements of Operations.

 

(3) 

Included in “Additional paid-in capital” in the accompanying Consolidated Statements of Changes in Shareholders’ Equity.

Summary of Assumptions Used to Estimate Fair Value

The following table summarizes the assumptions used to estimate the fair value of SARs granted:

 

     Years Ended December 31,  
     2015     2014     2013  

Expected volatility

     34.1     38.9     45.2

Weighted-average volatility

     34.1     38.9     45.2

Expected dividend rate

     0.0     0.0     0.0

Expected term (in years)

     5.0        5.0        5.0   

Risk-free rate

     1.6     1.7     0.8
Summary of Stock Appreciation Rights Activity

The following table summarizes SARs activity as of December 31, 2015 and for the year then ended:

 

Stock Appreciation Rights

   Shares (000s)     Weighted
Average
Exercise Price
     Weighted
Average
Remaining
Contractual
Term (in
years)
     Aggregate
Intrinsic
Value (000s)
 

Outstanding at January 1, 2015

     959      $ —           

Granted

     217      $ —           

Exercised

     (695   $ —           

Forfeited or expired

     —        $ —           
  

 

 

         

Outstanding at December 31, 2015

     481      $ —           8.1       $ 4,366   
  

 

 

   

 

 

    

 

 

    

 

 

 

Vested or expected to vest at December 31, 2015

     481      $ —           8.1       $ 4,366   
  

 

 

   

 

 

    

 

 

    

 

 

 

Exercisable at December 31, 2015

     57      $ —           4.7       $ 508   
  

 

 

   

 

 

    

 

 

    

 

 

 
Weighted Average Grant Date of SARs Granted and Total Intrinsic Value of SARs Exercised

The following table summarizes information regarding SARs granted and exercised (in thousands, except per SAR amounts):

 

     Years Ended December 31,  
     2015      2014      2013  

Number of SARs granted

     217         246         318   

Weighted average grant-date fair value per SAR

   $ 8.17       $ 7.20       $ 6.08   

Intrinsic value of SARs exercised

   $ 5,957       $ 391       $ 488   

Fair value of SARs vested

   $ 1,302       $ 1,553       $ 1,298   
Summary of Nonvested Stock Appreciation Rights

The following table summarizes nonvested SARs activity as of December 31, 2015 and for the year then ended:

 

Nonvested Stock Appreciation Rights

   Shares (000s)     Weighted
Average Grant-
Date Fair
Value
 

Nonvested at January 1, 2015

     411      $ 6.61   

Granted

     217      $ 8.17   

Vested

     (204   $ 6.41   

Forfeited or expired

     —        $ —     
  

 

 

   

Nonvested at December 31, 2015

     424      $ 7.50   
  

 

 

   
Summary of Nonvested Restricted Shares and Restricted Stock Units

The following table summarizes nonvested restricted shares/RSUs activity as of December 31, 2015 and for the year then ended:

 

Nonvested Restricted Shares and RSUs

   Shares (000s)     Weighted
Average Grant-
Date Fair
Value
 

Nonvested at January 1, 2015

     1,194      $ 16.80   

Granted

     441      $ 25.06   

Vested

     (125   $ 16.10   

Forfeited or expired

     (264   $ 15.71   
  

 

 

   

Nonvested at December 31, 2015

     1,246      $ 20.03   
  

 

 

   
Summary of Weighted Average Grant-Date Fair Value Granted and Total Fair Value of Restricted Shares and Restricted Stock Units Vested

The following table summarizes information regarding restricted shares/RSUs granted and vested (in thousands, except per restricted share/RSU amounts):

 

     Years Ended December 31,  
     2015      2014      2013  

Number of restricted shares/RSUs granted

     441         500         706   

Weighted average grant-date fair value per restricted share/RSU

   $ 25.06       $ 19.77       $ 15.25   

Fair value of restricted shares/RSUs vested

   $ 2,019       $ 895       $ 366   
Summary of Nonvested Common Stock Units and Share Awards

The following table summarizes nonvested common stock share award activity as of December 31, 2015 and for the year then ended:

 

Nonvested Common Stock Share Awards

   Shares (000s)     Weighted
Average Grant-
Date Fair
Value
 

Nonvested at January 1, 2015

     12      $ 20.24   

Granted

     32      $ 24.70   

Vested

     (33   $ 23.43   

Forfeited or expired

     —        $ —     
  

 

 

   

Nonvested at December 31, 2015

     11      $ 23.74   
  

 

 

   
Summary of Weighted Average Grant-Date Fair Value of Common Stock Units and Share Awards Granted and Total Fair Value of Common Stock Units and Share Awards Vested

The following table summarizes information regarding common stock share awards granted and vested (in thousands, except per share award amounts):

 

     Years Ended December 31,  
     2015      2014      2013  

Number of share awards granted

     32         36         37   

Weighted average grant-date fair value per share award

   $ 24.70       $ 20.15       $ 16.01   

Fair value of share awards vested

   $ 790       $ 630       $ 669   
Summary of Nonvested Common Stock

The following table summarizes nonvested common stock activity as of December 31, 2015 and for the year then ended:

 

Nonvested Common Stock

   Shares (000s)     Weighted
Average Grant-
Date Fair
Value
 

Nonvested at January 1, 2015

     5      $ 17.88   

Granted

     8      $ 25.06   

Vested

     (10   $ 23.12   

Forfeited or expired

     —        $ —     
  

 

 

   

Nonvested at December 31, 2015

     3      $ 19.53   
  

 

 

   
Summary of Weighted Average Grant-Date Fair Value of Common Stock Awarded and Cash Used to Settle Company's Obligation under Deferred Compensation

The following table summarizes information regarding shares of common stock granted and vested (in thousands, except per common stock amounts):

 

     Years Ended December 31,  
     2015      2014      2013  

Number of shares of common stock granted

     8         10         13   

Weighted average grant-date fair value per common stock

   $ 25.06       $ 20.54       $ 16.76   

Fair value of common stock vested

   $ 244       $ 212       $ 257   

Cash used to settle the obligation

   $ 65       $ 1,493       $ 1,014