Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2014

Stockholders' Equity [Abstract]

Summary of the stock option and RSA activity

A summary of the stock option and RSA activity for the years ended December 31, 2014 and 2013 is as follows:

	Options					RSAs
									Weighted Average
				Weighted Average					Grant Date
	Shares			Exercise Price		Shares			Fair Value
Outstanding at December 31, 2012		68,623		$	41.79		-		$	-
Granted		-			-		576,950			63.82
Forfeited		-			-		(10,000	)		57.86
Exercised / Vested		(2,623	)		28.95		-			-
Outstanding at December 31, 2013		66,000			42.49		566,950			63.93
Granted		-			-		158,600			80.23
Forfeited		-			-		(14,800	)		69.38
Exercised / Vested		(40,000	)		40.94		-			-
Outstanding at December 31, 2014		26,000		$	44.89		710,750		$	67.45
Shares available for future issuance at
December 31, 2014		1,829,925

Weighted average characteristics of outstanding employee stock options

The table below represents for various prices, the weighted average characteristics of outstanding employee stock options at December 31, 2014.

Exercise		Options		Weighted average remaining		Options currently		Exercise price of options
price		outstanding		contractual life		exercisable		currently exercisable
$	39.90		10,000		2.08		10,000	$	39.90
	45.77		10,000		6.08		7,500		45.77
$	51.74		6,000		3.33		6,000	$	51.74

The Company did not grant any options in 2014, 2013 or 2012.

Actual and projected stock-based compensation expense for RSA shares and options

The total compensation costs related to non-vested awards not yet recognized is approximately $31.8 million as of December 31, 2014. This will be recognized as expense in the following periods (in thousands):

2015		2016		2017		2018		2019
$	9,106	$	8,136	$	5,552	$	4,054	$	2,272
2020		2021		2022		2023		2024
$	1,160	$	778	$	472	$	201	$	33