XML 19 R54.htm IDEA: XBRL DOCUMENT v2.4.0.8
Employee compensation (Details) (Restricted Stock Awards, USD $)
0 Months Ended 12 Months Ended
Dec. 31, 2011
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Restricted Stock Awards
       
Restricted stock awards        
Outstanding at the beginning of the period (in shares) 0 1,195,000 911,000  
Exchanged (in shares) 912,000      
Vested (in shares) 1,000 636,000 [1] 397,000 [2]  
Granted (in shares)   1,469,000 932,000  
Forfeited (in shares)   (229,000) (251,000)  
Outstanding at the end of the period (in shares) 911,000 1,799,000 1,195,000 911,000
Weighted-average grant date fair value        
Outstanding at the beginning of the period (in dollars per share) $ 0.00 $ 15.06 $ 1.14  
Exchanged (in dollars per share) $ 1.14      
Vested (in dollars per share) $ 1.11 $ 18.69 [1] $ 1.03 [2]  
Granted (in dollars per share)   $ 18.17 $ 22.90  
Forfeited (in dollars per share)   $ 18.47 $ 15.61  
Outstanding at the end of the period (in dollars per share) $ 1.14 $ 19.17 $ 15.06 $ 1.14
Tax Basis   $ 0    
Tax Benefit Realized from Exercise of Stock Options   0    
Fair Value of awards   8,900,000    
Excess Income Tax Expense   400,000 0 0
Unrecognized equity and stock-based compensation expense   $ 23,300,000    
Weighted average period over which unrecognized equity and stock-based compensation expense is expected to be recognized   1 year 9 months 29 days    
[1] The vesting of certain restricted stock grants could result in federal and state income tax expense or benefits related to the difference between the market price of the common stock at the date of vesting and the date of grant. The total fair value of restricted stock vested during the year ended December 31, 2013 was $8.9 million. The Company recognized excess income tax expense of $0.4 million during the year ended December 31, 2013 related to restricted stock, which was recorded as an adjustment to deferred income taxes. There were no comparative amounts recorded in the years ended December 31, 2012 or 2011
[2] Vestings in the year ended December 31, 2012 related to restricted stock awards converted in the Corporate Reorganization. Such shares have a tax basis of zero to the grantee and therefore result in no tax benefit to the Company.