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STOCK COMPENSATION PLANS (Tables)
 12 Months Ended
Dec. 31, 2016
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, 2016, 2015 and 2014 was as follows (in thousands):

 

Year Ended December 31,    2016      2015      2014  

Cost of revenues

    $ 2,597      $ 2,478      $ 2,139  

Selling, general and administrative expenses

      4,054        4,719        4,318  
  

 

 

     

 

 

     

 

 

  
   $ 6,651      $ 7,197      $ 6,457  
  

 

 

     

 

 

     

 

 

  
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, 2016, 2015 and 2014, respectively and changes during the years then ended is presented below, appropriately adjusted, to reflect the 2014 stock split:

 

     2016      2015      2014  
     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

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

Granted

      415,519     $ 20.57        135,440     $ 46.73        293,904     $ 42.79  

Vested

      (198,725 )    $ 39.10        (205,233 )    $ 34.40        (227,882 )    $ 25.03  

Forfeited

      (12,528 )    $ 43.77        (29,231 )    $ 36.38        (3,000 )    $ 44.90  
  

 

 

    

 

 

     

 

 

    

 

 

     

 

 

    

 

 

  

Unvested at December 31

      669,556     $ 29.16        465,290     $ 41.47        564,314     $ 37.37