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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2019
Stock-Based Compensation  
Schedule of stock option activity

Stock option activity for the year ended December 31, 2019 was as follows:

    

    

    

Weighted

    

Average

Shares

Weighted

Remaining

Aggregate

Subject to

Average

Contractual

Intrinsic Value

Options

Option Price

Term (Yrs)

(in millions) (b)

Outstanding at December 31, 2018

 

2,593,310

$

21.41

 

Granted

 

112,232

44.17

Exercised

 

(626,796)

19.22

Forfeited/Expired

 

(90,050)

22.50

Outstanding at December 31, 2019

 

1,988,696

$

23.43

4.9

$

54.8

Exercisable at December 31, 2019

 

1,537,624

$

20.97

4.7

$

46.1

Exercisable and expected to vest at December 31, 2019 (a)

 

1,951,167

$

23.27

4.9

$

54.1

(a)In addition to the options that are vested at December 31, 2019, the Company expects a portion of the unvested options to vest in the future. Options expected to vest in the future are determined by applying an estimated forfeiture rate to the options that are unvested as of December 31, 2019.
(b)The aggregate intrinsic value is based on the positive difference between the fair value of the Company’s common stock price of $50.97 on December 31, 2019, or the date of exercises, as appropriate, and the exercise price of the underlying stock options.
Restricted stock awards  
Stock-Based Compensation  
Schedule of restricted stock award and restricted stock unit activity

The following table summarizes information about restricted stock award activity during the year ended December 31, 2019:

Weighted

Shares

Average Grant

Subject to

Date Fair

    

Restriction

    

Value

Outstanding at December 31, 2018

 

24,633

$

19.82

Vested

 

(24,633)

19.82

Outstanding at December 31, 2019

 

$

Restricted stock units  
Stock-Based Compensation  
Schedule of restricted stock award and restricted stock unit activity

The following table summarizes information about restricted stock unit activity for year ended December 31, 2019:

Weighted

Average Grant

Shares Subject

Date Fair

    

 to Restriction

    

Value

Outstanding at December 31, 2018

806,249

$

29.88

Granted

366,526

41.07

Vested

(268,014)

29.47

Forfeited

(39,660)

30.12

Outstanding at December 31, 2019

865,101

$

34.73