Share-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary of recognized stock-based compensation expense

The following table summarizes share-based compensation expense recognized:

	Years ended December 31,
	2014		2013		2012
Restricted stock units	$	2,261	$	510	$	3,378
Stock options		-		18		73
Phantom stock units		131		108		93
Total	$	2,392	$	636	$	3,544

Schedule of unrecognized compensation cost, nonvested awards

The following table summarizes unrecognized compensation cost and the weighted average remaining amortization periods at December 31, 2014 (amortization periods in years):

	Unrecognized Compensation Cost		Weighted Average Remaining Amortization Periods
Stock options	$	-		0.0
Restricted stock units		10,118		0.9
Phantom stock units		-		0.0
Total	$	10,118

Schedule of share based compensation, stock options, activity

The following table summarizes the Company's stock option activity (number of options in thousands):

	Years ended December 31,
	2014					2013				2012
	Number of Options			Weighted Average Exercise Price		Number of Options		Weighted Average Exercise Price		Number of Options			Weighted Average Exercise Price
Outstanding:
Beginning of year		109		$	15.24		109	$	15.24		384		$	15.40
Granted		-			-		-		-		-			-
Exercised		(4	)		11.62		-		-		(22	)		7.89
Cancelled or forfeited		-			-		-		-		(253	)		16.12
End of year		105		$	15.38		109	$	15.24		109		$	15.24
Vested and expected to vest		105					109				109
Exercisable:
End of year		105					109				79

Stock options outstanding and exercisable summarized by ranges of exercise prices

The following table summarizes information concerning stock options outstanding and exercisable at December 31, 2014 (number of options in thousands, contractual life in years):

Options Outstanding & Exercisable
Exercise Price		Number of Options		Remaining Contractual Life
$	12.90		28		2.16
	16.29		77		2.39
$	15.38		105		2.33

Unvested stock options

The following table summarizes information concerning unvested stock options (number of options in thousands):

	Years ended December 31,
	2014				2013					2012
	Number of Options		Weighted Average Grant-date Fair Value		Number of Options			Weighted Average Grant-date Fair Value		Number of Options			Weighted Average Grant-date Fair Value
Unvested:
Beginning of year		-	$	-		30		$	10.14		61		$	9.96
Granted		-		-		-			-		-			-
Vested		-		-		(30	)		10.14		(31	)		9.79
End of year		-	$	-		-		$	-		30		$	10.14

Restricted Stock Units Activity

RSU activity for the years ended December 31, 2014, 2013, and 2012 is presented below (number of RSUs in thousands):

	Years ended December 31,
	2014					2013					2012
	Number of RSUs			Weighted Average Grant-date Fair Value		Number of RSUs			Weighted Average Grant-date Fair Value		Number of RSUs			Weighted Average Grant-date Fair Value
Outstanding:
Beginning of year		1,059		$	13.40		1,316		$	12.53		891		$	12.58
Granted		336			13.48		374			12.76		437			12.31
Vested*		(146	)		15.87		(598	)		10.92		(12	)		8.29
Cancelled or forfeited		(102	)		17.45		(33	)		16.54		-			-
End of year		1,147		$	12.75		1,059		$	13.40		1,316		$	12.53
Expected to vest		649					570					1,040

* The number of RSUs vested includes shares that the Company withheld on behalf of employees to satisfy statutory tax withholding requirements.

Schedule of share-based compensation arrangement by share-based payment award, performance-based units, vested and expected to vest

The number of performance-based RSUs scheduled to vest on January 1, 2015 is fixed based on the full achievement of the defined target performance criteria. The number of performance-based RSUs scheduled to vest on January 1, 2016 and January 1, 2017 increases ratably based on the achievement of defined performance criteria between the established target and maximum levels.  RSUs with performance-based vesting criteria are expected to vest as follows (number of RSUs in thousands):

Vesting Date	Expected to Vest		Not Expected to Vest		Total
January 1, 2015**		-		276		276
January 1, 2016		-		222		222
January 1, 2017		192		-		192

** The performance vesting criteria for the performance-based RSUs with a vesting date of January 1, 2015 were not achieved.

Phantom stock units activity under the 2007 Program

The following table summarizes the Company's phantom stock units activity for the years ended December 31, 2014, 2013, and 2012 (number of phantom stock units in thousands):

	Years ended December 31,
	2014				2013				2012
	Number of Phantom Stock Units		Grant- date Fair Value per Unit		Number of Phantom Stock Units		Grant- date Fair Value per Unit		Number of Phantom Stock Units		Grant- date Fair Value per Unit
Outstanding:
Beginning of year		107				97				87
Granted		10	$	13.12		10	$	10.75		10	$	9.33
Dividend equivalents issued		2				-				-
Redeemed for common stock		-				-				-
End of year		119				107				97