XML 56 R40.htm IDEA: XBRL DOCUMENT v3.6.0.2
Stock Options and Restricted Stock (Tables)
12 Months Ended
Dec. 31, 2016
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Stock Options Outstanding

The following table summarizes information about the stock options outstanding under the 2005 Incentive Plan at December 31, 2014, 2015 and 2016:

 

  

 

Shares

 

 

Weighted-

Average

Exercise Price

 

 

Weighted-

Average

Remaining

Contractual

Life (in years)

 

Outstanding at January 1, 2014

 

 

576,248

 

 

 

11.12

 

 

 

3.8

 

Granted

 

 

 

 

 

 

 

 

 

Exercised

 

 

(294,165

)

 

 

9.09

 

 

 

 

Canceled, forfeited, or expired

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2014

 

 

282,083

 

 

 

11.30

 

 

 

3.6

 

Exercisable at December 31, 2014

 

 

282,083

 

 

 

11.30

 

 

 

3.6

 

Outstanding at January 1, 2015

 

 

282,083

 

 

 

11.30

 

 

 

3.6

 

Granted

 

 

 

 

 

 

 

 

 

Exercised

 

 

(193,204

)

 

 

9.55

 

 

 

 

Canceled, forfeited, or expired

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2015

 

 

88,879

 

 

 

12.10

 

 

 

4.3

 

Exercisable at December 31, 2015

 

 

88,879

 

 

 

12.10

 

 

 

4.3

 

Outstanding at January 1, 2016

 

 

88,879

 

 

 

12.10

 

 

 

4.3

 

Granted

 

 

 

 

 

 

 

 

 

Exercised

 

 

(68,879

)

 

 

12.14

 

 

 

3.3

 

Canceled, forfeited, or expired

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2016

 

 

20,000

 

 

 

8.71

 

 

 

3.1

 

Exercisable at December 31, 2016

 

 

20,000

 

 

 

8.71

 

 

 

3.1

 

 

Weighted Average Grant Date Fair Values of Options Granted

  

 

2016

 

 

2015

 

 

2014

 

 

 

(in thousands)

 

Cash received from option exercises

 

$

837

 

 

$

1,844

 

 

$

2,674

 

Total tax benefits realized for tax deductions from

   options exercised

 

 

833

 

 

 

2,109

 

 

 

2,797

 

Total intrinsic value of options exercised

 

 

2,967

 

 

 

6,969

 

 

 

9,145

 

Grant date fair value of options vested

 

 

 

 

 

 

 

 

144

 

Aggregate intrinsic value of vested options outstanding

 

 

1,073

 

 

 

3,448

 

 

 

8,763

 

 

Restricted Stock Outstanding

The following table summarizes information about the restricted stock outstanding under the 2005 Incentive Plan at December 31, 2016:

 

  

 

Shares

 

 

Weighted-

Average Grant-

Date Fair Value

per Share

 

Nonvested balance at January 1, 2014

 

 

6,400

 

 

 

27.47

 

Granted

 

 

 

 

 

 

Vested

 

 

(800

)

 

 

27.35

 

Forfeited

 

 

(3,200

)

 

 

27.59

 

Nonvested balance at December 31, 2014

 

 

2,400

 

 

 

27.35

 

Granted

 

 

 

 

 

 

Vested

 

 

(800

)

 

 

27.35

 

Forfeited

 

 

 

 

 

 

Nonvested balance at December 31, 2015

 

 

1,600

 

 

 

27.35

 

Granted

 

 

 

 

 

 

Vested

 

 

(800

)

 

 

27.35

 

Forfeited

 

 

 

 

 

 

Nonvested balance at December 31, 2016

 

 

800

 

 

 

27.35

 

The following table summarizes information about the restricted stock outstanding under the Non-Employee Director Restricted Stock Plan at December 31, 2016:

  

 

Shares

 

 

Weighted-

Average Grant-

Date Fair Value

per Share

 

Nonvested balance at January 1, 2014

 

 

5,376

 

 

 

33.47

 

Granted

 

 

5,229

 

 

 

37.27

 

Vested

 

 

(5,376

)

 

 

33.47

 

Forfeited

 

 

 

 

 

 

Nonvested balance at December 31, 2014

 

 

5,229

 

 

 

37.27

 

Granted

 

 

7,112

 

 

 

44.26

 

Vested

 

 

(5,229

)

 

 

37.27

 

Forfeited

 

 

 

 

 

 

Nonvested balance at December 31, 2015

 

 

7,112

 

 

 

44.26

 

Granted

 

 

5,952

 

 

 

63.57

 

Vested

 

 

(7,488

)

 

 

44.54

 

Forfeited

 

 

 

 

 

 

Nonvested balance at December 31, 2016

 

 

5,576

 

 

 

64.50

 

The following table summarizes information about the restricted stock outstanding under the 2012 Incentive Plan at December 31, 2016:

  

 

Shares

 

 

Weighted-

AverageGrant-

Date Fair Value

per Share

 

Nonvested balance at January 1, 2014

 

 

82,609

 

 

 

33.93

 

Granted

 

 

4,312

 

 

 

43.83

 

Vested

 

 

(14,000

)

 

 

33.58

 

Forfeited

 

 

 

 

 

 

Nonvested balance at December 31, 2014

 

 

72,921

 

 

 

34.59

 

Granted

 

 

50,461

 

 

 

45.80

 

Vested

 

 

(27,537

)

 

 

37.27

 

Forfeited

 

 

(18,317

)

 

 

35.48

 

Nonvested balance at December 31, 2015

 

 

77,528

 

 

 

40.57

 

Granted

 

 

27,077

 

 

 

54.44

 

Vested

 

 

(26,294

)

 

 

45.18

 

Forfeited

 

 

(1,919

)

 

 

 

Nonvested balance at December 31, 2016

 

 

76,392

 

 

 

43.91