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EMPLOYEE COMPENSATION PLANS (TABLES)
12 Months Ended
Dec. 31, 2016
EMPLOYEE COMPENSATION PLANS [Abstract]  
Summary of non-vested RSU's and performance-based RSU's

 

 

 

 

 

 

 

 

    

 

    

Weighted

 

 

 

 

 

Average

 

 

 

 

 

Grant Date

 

 

 

Shares

 

Fair Value

 

 

 

 

 

 

 

 

Unvested as of December 31, 2015

 

1,555,466

 

$

25.25

 

Granted

 

462,694

 

$

26.60

 

Vested

 

(438,931)

 

$

24.61

 

Cancellations/expirations

 

(411,608)

 

$

26.10

 

Unvested as of December 31, 2016

 

1,167,621

 

$

25.29

 

 

Schedule of stock option assumptions

 

 

 

 

 

 

 

    

Year Ended December 31,

 

 

 

2011

 

Risk-free interest rate

 

 

 

2.1

%

Expected life in years

 

1.3

-

2.7

 

Expected volatility

 

 

 

54.4

%

Dividend yield

 

 

 

 —

%

Weighted-average volatility

 

 

 

54.4

%

 

Summary of stock option activity

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

    

 

 

    

Weighted

    

 

 

 

 

 

 

 

Weighted

 

Average

 

Aggregate

 

 

 

 

 

Average

 

Remaining

 

Intrinsic

 

 

 

 

 

Exercise

 

Contract

 

Value

 

 

 

Shares

 

Price

 

Term in Years

 

(000’s)

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding as of December 31, 2015

 

241,164

 

$

21.11

 

 

 

 

 

 

Exercises

 

(29,031)

 

$

12.98

 

 

 

$

400

 

Post-vest cancellations/expirations

 

(20,467)

 

$

16.46

 

 

 

 

 

 

Outstanding as of December 31, 2016

 

191,666

 

$

22.83

 

3.23

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Vested and exercisable as of December 31, 2016

 

75,000

 

$

31.42

 

0.68

 

$

(69)