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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Share-based compensation arrangements, vested stock grants
The following is a summary of Company authorized vested stock grants to certain directors for the year ended December 31, 2016, 2015 and 2014. Stock-based compensation expense related to vested stock grants are included in General and administrative expenses within the Condensed Consolidated Statements of Income.
 
Year Ended December 31,
(millions, except stock grants)
2016

2015

2014
Vested stock grants
32,180


32,357


19,336

Stock-based compensation expense
$
0.7


$
0.7


$
0.5

Summary of the transactions pursuant to the stock option plans
A summary of the status of the stock option plans as of December 31, 2016, and changes during the years ended December 31, 2016, 2015 and 2014, are presented below:
 
Number of
Shares
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Term
(Years)
 
Aggregate
Intrinsic
Value
Outstanding at December 31, 2013
7,101

 
$
5.75

 
 

 
 

Granted

 
n/a

 
 

 
 

Exercised

 
n/a

 
 

 
 

Expired

 
n/a

 
 

 
 

Outstanding at December 31, 2014
7,101

 
$
5.75

 
 

 
 

Granted

 
n/a

 
 

 
 

Exercised
(7,101
)
 
5.75

 
 

 
 

Expired

 
n/a

 
 

 
 

Outstanding at December 31, 2015

 
$
5.75

 
 

 
 

Granted

 
n/a

 
 

 
 

Exercised

 
n/a

 
 

 
 

Expired

 
n/a

 
 

 
 

Vested and Exercisable at December 31, 2016

 
$

 

 
$

Summary of the status of the restricted stock units and changes during the period
A summary of the status of the restricted stock units as of December 31, 2016, and changes during the year ended December 31, 2016, 2015 and 2014, are presented below:
 
Shares
 
Weighted
Average
Grant-Date
Fair Value
Nonvested at December 31, 2013
704,751

 
$
20.00

Issued
31,099

 
22.20

Vested
(145,421
)
 
22.41

Forfeited
(34,729
)
 
23.88

Nonvested at December 31, 2014
555,700

 
$
19.57

Issued
12,589

 
23.65

Vested
(150,073
)
 
20.77

Forfeited
(16,500
)
 
19.45

Nonvested at December 31, 2015
401,716

 
$
19.25

Issued
4,020

 
24.87

Vested
(54,215
)
 
18.33

Forfeited
(17,324
)
 
19.68

Nonvested at December 31, 2016
334,197

 
$
19.45

Summary of compensation expense related to restricted stock units
The table below shows the Company's stock-based compensation expense related to the Performance-Based Incentive Program for the years ended December 31, 2016, 2015 and 2014, and is included in General and administrative expenses within the Condensed Consolidated Statements of Income.

Year Ended December 31,
(millions)
2016

2015

2014
Stock-based compensation
$
1.8


$
1.3


$
0.3

The table below shows the Company's stock-based compensation expense related to the restricted stock units for the years ended December 31, 2016, 2015 and 2014, and is included in General and administrative expenses within the Condensed Consolidated Statements of Income.
 
Year Ended December 31,
(millions)
2016
 
2015
 
2014
Stock-based compensation expense
$
0.9

 
$
1.6

 
$
2.4

Summary of unrecognized compensation expense related to share based payment
 
Year Ended December 31,
(millions)
2016
 
2015
 
2014
Stock-based compensation expense
$
0.9

 
$
1.6

 
$
2.4


Unrecognized stock-based compensation expense, net of estimated forfeitures, related to the restricted stock units for the years ended December 31, 2016, 2015 and 2014, is shown in the table below, along with the weighted average periods in which the expense will be recognized.

Year Ended December 31,
(millions)
2016

2015

2014
Unrecognized stock-based compensation
$
1.7


$
2.7


$
4.4

Weighted Average Years
2.8 years

3.8 years

4.0 years
Summary of the status of the performance stock units and changes during the period
A summary of the status of the performance share units as of December 31, 2016, and changes during the year ended December 31, 2016 and 2015 are presented below:
 
Shares
 
Weighted
Average
Grant-Date
Fair Value
Nonvested at December 31, 2014
79,430

 
$
18.96

Issued
125,392

 
21.64

Vested
(6,915
)
 
19.91

Forfeited
(24,056
)
 
20.30

Nonvested at December 31, 2015
173,851

 
20.63

Issued
99,466

 
23.72

Vested
(84,417
)
 
19.15

Forfeited
(29,423
)
 
22.52

Nonvested at December 31, 2016
159,477

 
$
22.99