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Equity-based Incentive Plans (Tables)
12 Months Ended
Dec. 31, 2017
Equity-based Incentive Plans [Abstract]  
Schedule of Restricted Stock Units Award Activity

A summary of the company’s RSU activity and outstanding RSUs as of December 31, 2017, are presented below (dollars in thousands except grant date fair value):



 

 

 

 

 

 

 

 

 

 



 

 

Weighted

 

Aggregate

 

 

 



Number

 

Average Grant

 

Intrinsic

 

Unrecognized



of RSUs

 

Date Fair Value

 

Value

 

Compensation

Outstanding RSUs as of January 1, 2015

2,011,226 

 

 

$19.85

 

$

39,702 

 

$

25,171 

Granted

1,589,309 

 

 

$16.70

 

 

 

 

 

 

Vested

(1,197,403)

 

 

$18.13

 

 

 

 

 

 

Forfeited

(124,428)

 

 

$19.89

 

 

 

 

 

 

As of December 31, 2015

2,278,704 

 

 

$18.55

 

$

40,720 

 

$

27,615 

Granted

852,063 

 

 

$32.40

 

 

 

 

 

 

Vested

(962,828)

 

 

$22.76

 

 

 

 

 

 

Forfeited

(139,922)

 

 

$18.50

 

 

 

 

 

 

As of December 31, 2016

2,028,017 

 

 

$22.38

 

$

72,157 

 

$

29,086 

Granted

828,955 

 

 

$36.29

 

 

 

 

 

 

Vested

(1,364,593)

 

 

$18.50

 

 

 

 

 

 

Forfeited

(78,737)

 

 

$23.52

 

 

 

 

 

 

As of December 31, 2017 (nonvested)

1,413,642 

 

 

$34.22

 

$

60,970 

 

$

32,017 



Schedule of Stock Options Activity

A summary of the company’s stock option activity and certain information concerning the company’s outstanding options are presented below.





 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



 

 

Weighted

 

Weighted Average

 



Number

 

Average

 

Grant Date

 



of Options

 

Exercise Price

 

Fair Value

 

Outstanding options as of January 1, 2015

1,398,515 

 

 

$14.62

 

 

$5.61

 

Exercised

(753,159)

 

 

$14.75

 

 

$5.75

 

Forfeited

(49,411)

 

 

$15.02

 

 

$5.87

 

As of December 31, 2015

595,945 

 

 

$14.43

 

 

$5.41

 

Exercised

(570,197)

 

 

$14.41

 

 

$5.40

 

Forfeited

(25,748)

 

 

$14.96

 

 

$5.62

 

As of December 31, 2016 and 2017

 -

 

 

N/A

 

 

N/A

 



Schedule Of LTIP Awards





 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

Maximum

 

 

 

 

 

 

 



 

Shares That

 

Award

 

 

 

 

 



 

Could Be Issued

 

Earned

 

Award Issued/Issuable

 



 

 

 

 

 

 

 

 

 



2013 LTIP Award:

 

 

 

 

 

 

 

 



Two-year performance period transition award

173,319 

 

159,457 

 

53,154 

 

March 2015

 



 

 

 

 

 

66,252 

 

March 2016

 



 

 

 

 

 

40,051 

 

March 2017

 



 

 

 

 

 

 

 

 

 



Three-year performance period award

173,319 

 

149,060 

 

74,179 

 

March 2016

 



 

 

 

 

 

37,441 

 

March 2017

 



 

 

 

 

 

37,440 

 

March 2018

 



 

 

 

 

 

 

 

 

 



2014 LTIP Award:

 

 

 

 

 

 

 

 



Three-year performance period award

204,741 

 

204,741 

 

68,249 

 

March 2017

 



 

 

 

 

 

68,247 

 

March 2018

 



 

 

 

 

 

68,245 

 

March 2019

 



2015 LTIP Award:

 

 

 

 

 

 

 

 



Three-year performance period award

236,434 

 

236,434 

 

78,813 

 

March 2018

 



 

 

 

 

 

78,812 

 

March 2019

 



 

 

 

 

 

78,809 

 

March 2020

 



 

 

 

 

 

 

 

 

 



2016 LTIP Award:

 

 

 

 

 

 

 

 



Three-year performance period award

324,469 

 

*

 

*

 

 

 



 

 

 

 

 

 

 

 

 



2017 LTIP Award:

 

 

 

 

 

 

 

 



Three-year performance period award

182,274 

 

*

 

*

 

 

 



 

 

 

 

 

 

 

 

 



Two-year performance period transition award

16,779 

 

*

 

*

 

 

 



 

 

 

 

 

 

 

 

 



One-year performance period transition award

28,379 

 

25,541 

 

8,514 

 

March 2018

 



 

 

 

 

 

8,514 

 

March 2019

 



 

 

 

 

 

8,513 

 

March 2020

 

* Not yet earned as performance period not complete.