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Share-Based Payments (Tables)
12 Months Ended
Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Compensation Costs Related To Share-Based Payments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year ended December 31,

 

2015 

 

 

2014 

 

 

2013 

Stock option compensation expense

$

4,001 

 

$

3,710 

 

$

4,504 

Share unit expense

 

5,673 

 

 

5,864 

 

 

2,460 

Employee share purchase plan -

 

 

 

 

 

 

 

 

employer contributions

 

1,332 

 

 

1,272 

 

 

1,302 

 

$

11,006 

 

$

10,846 

 

$

8,266 

 

Summary Of Stock Option Activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

Weighted

average

 

 

 

 

Common

 

 

average

remaining

 

 

Aggregate

 

shares under

 

 

exercise

contractual

 

 

intrinsic

 

option

price

life (in years)

value

Outstanding, December 31, 2012

3,540,497 

 

$

20.27 

 

 

 

 

Granted

884,500 

 

 

21.34 

 

 

 

 

Exercised

(427,972)

 

 

14.37 

 

 

$

2,894 

Forfeited

(236,351)

 

 

21.88 

 

 

 

 

Expired

(11,100)

 

 

23.58 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding, December 31, 2013

3,749,574 

 

 

21.09 

 

 

 

 

Granted

837,364 

 

 

23.60 

 

 

 

 

Exercised

(663,152)

 

 

18.28 

 

 

$

4,304 

Forfeited

(25,995)

 

 

23.26 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding, December 31, 2014

3,897,791 

 

 

22.09 

 

 

 

 

Granted

880,706 

 

 

25.50 

 

 

 

 

Exercised

(1,412,535)

 

 

21.11 

 

 

$

9,426 

Forfeited

(89,884)

 

 

23.10 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding, December 31, 2015

3,276,078 

 

$

23.40  6.9 

 

$

4,246 

 

 

 

 

 

 

 

 

 

Exercisable, December 31, 2015

1,800,512 

 

$

22.46  5.4 

 

$

3,601 

 

Summary Of Share Unit Activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performance share units

 

Restricted share units

 

Deferred share units

 

 

 

 

WA grant

 

 

 

 

WA grant

 

 

 

 

WA grant

 

 

 

 

date fair

 

 

 

 

date fair

 

 

 

 

date fair

 

Number

 

 

value

 

Number

 

 

value

 

Number

 

 

value

Outstanding, December 31, 2012

 -

 

$

 -

 

 -

 

$

 -

 

 -

 

$

 -

Granted

78,831 

 

 

21.99 

 

278,771 

 

 

21.78 

 

19,624 

 

 

21.99 

Forfeited

(2,604)

 

 

22.01 

 

(6,847)

 

 

22.01 

 

 -

 

 

 -

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding, December 31, 2013

76,227 

 

 

21.99 

 

271,924 

 

 

21.78 

 

19,624 

 

 

21.99 

Granted

186,554 

 

 

23.82 

 

237,645 

 

 

22.86 

 

22,665 

 

 

22.66 

Vested and settled

(3,702)

 

 

22.22 

 

(65,293)

 

 

22.01 

 

 -

 

 

 -

Forfeited

(20,506)

 

 

22.38 

 

(40,689)

 

 

22.32 

 

 -

 

 

 -

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding, December 31, 2014

238,573 

 

 

23.38 

 

403,587 

 

 

22.32 

 

42,289 

 

 

22.33 

Granted

218,699 

 

 

24.57 

 

20,528 

 

 

26.38 

 

29,072 

 

 

26.07 

Vested and settled

(6,870)

 

 

22.22 

 

(28,887)

 

 

22.53 

 

(13,365)

 

 

22.34 

Forfeited

(28,817)

 

 

23.23 

 

(62,274)

 

 

21.56 

 

 -

 

 

 -

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding, December 31, 2015

421,585 

 

$

24.03 

 

332,954 

 

$

22.70 

 

57,996 

 

$

24.21 

 

Stock Option Plan [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary Of Stock Option And Performance Share Unit Pricing Assumptions

 

 

 

 

 

 

 

 

 

2015  2014  2013 

Risk free interest rate

1.8%  1.8%  0.9% 

Expected dividend yield

2.18%  2.31%  2.31% 

Expected lives of the stock options

5 years

5 years

5 years

Expected volatility

26.4%  29.3%  35.2% 

 

Performance Share Unit Plans [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary Of Stock Option And Performance Share Unit Pricing Assumptions

 

 

 

 

 

 

 

 

 

 

 

2015 

Risk free interest rate

 

 

1.3% 

Expected dividend yield

 

 

2.17% 

Expected lives of the PSUs

 

 

3 years

Expected volatility

 

 

29.4% 

Average expected volatility of comparable companies

 

 

32.8%