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Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock Options Activity
The following table summarizes the Company’s stock option activity (number of options in thousands):
 
Years ended December 31,
 
2016
 
2015
 
2014
 
Number
of
Options
 
Weighted
Average
Exercise
Price
 
Number
of
Options
 
Weighted
Average
Exercise
Price
 
Number
of
Options
 
Weighted
Average
Exercise
Price
Outstanding:
 
 
 
 
 
 
 
 
 
 
 
Beginning of year
18

 
$
18.92

 
18

 
$
18.92

 
27

 
$
18.06

Granted

 

 

 

 

 

Exercised

 

 

 

 
(4
)
 
11.92

Expired

 

 

 

 
(5
)
 
20.58

End of year
18

 
$
18.92

 
18

 
$
18.92

 
18

 
$
18.92

 
 
 
 
 
 
 
 
 
 
 
 
Vested and expected to vest
18

 
 
 
18

 
 
 
18

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercisable:
 
 
 
 
 
 
 
 
 
 
 
End of year
18

 
 
 
18

 
 
 
18

 
 
Stock Options Outstanding and Exercisable
The following table summarizes information concerning stock options outstanding and exercisable at December 31, 2016 (number of options in thousands):
Ranges of Exercise Prices
 
Options Outstanding
 
Options Exercisable
 
 
Number of Options
 
Weighted Average Remaining Contractual Life
 
Weighted Average Exercise Price
 
Number of Options
 
Weighted Average Exercise Price
18.92
 
18

 
0.16
 
$
18.92

 
18

 
$
18.92

Restricted Stock Units Activity
RSU activity is presented below (number of RSUs in thousands):
 
Years ended December 31,
 
2016
 
2015
 
2014
 
Number
of
RSUs
 
Weighted
Average
Grant-date
Fair Value
 
Number
of
RSUs
 
Weighted
Average
Grant-date
Fair Value
 
Number
of
RSUs
 
Weighted
Average
Grant-date
Fair Value
Outstanding:

 

 

 

 

 

Beginning of year
278

 
$
15.04

 
236

 
$
14.89

 
146

 
$
14.72

Granted
129

 
11.69

 
94

 
15.90

 
112

 
15.30

Vested
(30
)
 
13.15

 
(52
)
 
15.93

 
(22
)
 
15.84

End of year
377

 
$
14.04

 
278

 
$
15.04

 
236

 
$
14.89

Restricted Stock Units Performance-based Vesting Criteria
RSUs with performance-based vesting criteria are expected to vest as follows (number of RSUs in thousands):
Vesting Date
 
Expected to Vest
 
Not Expected to Vest
 
Total
January 1, 2017
 
18

 
57

 
75

January 1, 2018
 
14

 
47

 
61

January 1, 2019
 
9

 
75

 
84

Pre-tax Share-based Compensation Expense Recognized
The following table summarizes pre-tax share-based compensation expense recognized (in thousands):
 
Years ended December 31,
 
2016
 
2015
 
2014
Stock options
$

 
$

 
$

Restricted stock units
37

 
1,083

 
1,008

Total
$
37

 
$
1,083

 
$
1,008