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STOCK COMPENSATION PLANS (Tables)
 12 Months Ended
Dec. 31, 2015
Stock-Based Compensation Impact on Company's Operations

The impact on the Company’s results of operations of recording stock-based compensation (including impact of restricted stock) for the years ended December 31, 2015, 2014 and 2013 was as follows (in thousands):

 

Year Ended December 31,    2015      2014      2013  

Cost of revenues

    $ 2,478       $ 2,139       $ 1,443   

Selling, general and administrative expenses

      4,719         4,318         3,289   
  

 

 

     

 

 

     

 

 

  
   $ 7,197       $ 6,457       $ 4,732   
  

 

 

     

 

 

     

 

 

  
Summary of Activity for Restricted Stock Awards Granted

A summary of the activity for restricted stock awards granted under our stock-based compensation plans as of December 31, 2015, 2014 and 2013 respectively and changes during the years then ended is presented below, appropriately adjusted, to reflect the 2014 stock split:

 

     2015      2014      2013  
     Number Of
Awards		     Weighted
Average
Grant
Date
Fair
Value		      Number
Of
Awards		     Weighted
Average
Grant
Date
Fair
Value		      Number Of
Awards		     Weighted
Average
Grant
Date
Fair
Value		  

Unvested at January 1

      564,314      $ 37.37         501,292      $ 28.64         521,716      $ 23.25   

Granted

      135,440      $ 46.73         293,904      $ 42.79         187,056      $ 36.53   

Vested

      (205,233 )    $ 34.40         (227,882 )    $ 25.03         (194,480 )    $ 22.07   

Forfeited

      (29,231 )    $ 36.38         (3,000 )    $ 44.90         (13,000 )    $ 24.10   
  

 

 

    

 

 

     

 

 

    

 

 

     

 

 

    

 

 

  

Unvested at December 31

      465,290      $ 41.47         564,314      $ 37.37         501,292      $ 28.64