XML 72 R52.htm IDEA: XBRL DOCUMENT v3.6.0.2
Stock Compensation and Share Repurchase Plan (Tables)
12 Months Ended
Dec. 31, 2016
Equity [Abstract]  
Summary of Stock Option Activity
The following table summarizes information about stock option activity for the years ended December 31, 2016, 2015 and 2014

(shares in thousands)
2016
 
2015
 
2014
 
Options
Outstanding
 
Weighted-Avg
Exercise Price
 
Options
Outstanding
 
Weighted-Avg
Exercise Price
 
Options
Outstanding
 
Weighted-Avg
Exercise Price
Balance, beginning of period
472

 
$
14.58

 
807

 
$
16.80

 
981

 
$
16.17

Granted/assumed

 
$

 

 
$

 
440

 
$
12.12

Exercised
(219
)
 
$
11.95

 
(83
)
 
$
11.06

 
(572
)
 
$
11.93

Forfeited/expired
(34
)
 
$
24.19

 
(252
)
 
$
22.88

 
(42
)
 
$
19.28

Balance, end of period
219

 
$
15.74

 
472

 
$
14.58

 
807

 
$
16.80

Options exercisable, end of period
211

 
$
15.88

 
437

 
$
14.78

 
676

 
$
17.71

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]
The following table summarizes information about outstanding stock options issued under all plans as of December 31, 2016:
(shares in thousands)
Options Outstanding
 
 Options Exercisable
Range of Exercise Prices
Options
Outstanding
 
Weighted Avg. Remaining Contractual Life
(Years)
 
Weighted Avg.
Exercise Price
 
Options
Exercisable
 
Weighted Avg.
Exercise Price
$9.23 to $11.89
76

 
3.01
 
$
11.50

 
76

 
$
11.50

$11.98 to $15.50
93

 
3.39
 
$
13.61

 
85

 
$
13.75

$26.12
50

 
0.18
 
$
26.12

 
50

 
$
26.12

 
219

 
2.52
 
$
15.74

 
211

 
$
15.88

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The following weighted average assumptions were used to determine the fair value at the acquisition date of stock option grants assumed from the Sterling Merger during the year ended December 31, 2014:
 
2014
Dividend yield
3.25
%
Expected life (years)
6.8

Expected volatility
31
%
Risk-free rate
0.91
%
Weighted average fair value of options on date of grant
$
3.22

Summary of Nonvested Restricted Share Activity
The following table summarizes information about nonvested restricted share activity for the year ended December 31: 

(shares in thousands)
2016
 
2015
 
2014
 
Restricted
Shares Outstanding
 
Weighted Average
Grant Date
Fair Value
 
Restricted Shares Outstanding
 
Weighted Average
Grant Date
Fair Value
 
Restricted
Shares Outstanding
 
Weighted Average
Grant Date
Fair Value
Balance, beginning of period
1,376

 
$
16.18

 
1,386

 
$
15.39

 
992

 
$
12.79

Granted
601

 
$
14.46

 
639

 
$
15.83

 
839

 
$
17.33

Vested/released
(766
)
 
$
15.87

 
(516
)
 
$
14.58

 
(399
)
 
$
12.42

Forfeited/expired
(115
)
 
$
14.70

 
(133
)
 
$
15.22

 
(46
)
 
$
12.99

Balance, end of period
1,096

 
$
15.61

 
1,376

 
$
16.18

 
1,386

 
$
15.39

Schedule of Share-based Compensation Restricted Stock Activity
The following table summarizes information about nonvested restricted stock units outstanding at December 31:

(shares in thousands)
2016
 
2015
 
2014
 
Restricted Stock Units Outstanding
 
Weighted Average Grant Date
Fair Value
 
Restricted Stock Units
Outstanding
 
Weighted Average
Grant Date
Fair Value
 
Restricted Stock Units
Outstanding
 
Weighted Average
Grant Date
Fair Value
Balance, beginning of period
263

 
$
18.58

 
675

 
$
18.03

 
95

 
$
10.41

Assumed

 
$

 

 
$

 
994

 
$
18.58

Released
(137
)
 
$
18.58

 
(254
)
 
$
17.99

 
(342
)
 
$
16.91

Forfeited/expired
(48
)
 
$
18.58

 
(158
)
 
$
18.48

 
(72
)
 
$
18.58

Balance, end of period
78

 
$
18.58

 
263

 
$
18.58

 
675

 
$
18.03