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Share-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2015
Share Based Compensation [Abstract]  
Schedule of Share-Based Compensation Expense

The following table shows the total compensation expensed for share-based compensation plans, including stock options and share grants, recognized in the statements of operations (in thousands):

 

 

Three Months Ended

 

 

March 31,

 

 

2015

 

 

2014

 

Cost of goods sold

$

123

 

 

$

96

 

Selling, general and administrative

 

3,205

 

 

 

2,850

 

Research and development

 

352

 

 

 

273

 

 

 

 

 

 

 

 

 

Total share-based compensation expense

$

3,680

 

 

$

3,219

 

 

Schedule of Share Based Compensation Stock Options Activity

A summary of the stock option grants is as follows:

 

Stock Options

 

Shares (000)

 

 

Weighted Average Exercise Price

 

 

Weighted Average Remaining Contractual Term (yrs)

 

 

Aggregate Intrinsic Value ($000)

 

Outstanding at January 1, 2015

 

 

2,736

 

 

$

21.26

 

 

 

4

 

 

$

17,840

 

Granted

 

 

-

 

 

 

-

 

 

 

 

 

 

 

 

 

Exercised

 

 

(368

)

 

 

15.36

 

 

 

 

 

 

 

5,279

 

Forfeited or expired

 

 

-

 

 

 

-

 

 

 

 

 

 

 

 

 

Outstanding at March 31, 2015

 

 

2,368

 

 

$

22.18

 

 

 

4

 

 

$

15,276

 

Exercisable at March 31,  2015

 

 

1,840

 

 

$

21.51

 

 

 

3

 

 

$

13,094

 

 

Schedule Of Nonvested Restricted Stock Units Activity

A summary of our non-vested share grants is as follows:

 

Share Grants

 

Shares (000)

 

 

Weighted Average Grant-Date Fair Value

 

 

Aggregate Intrinsic Value ($000)

 

Non-vested at January 1, 2015

 

 

1,535

 

 

$

23.32

 

 

$

42,324

 

Granted

 

 

4

 

 

 

27.35

 

 

 

 

 

Vested

 

 

(5

)

 

 

24.70

 

 

 

134

 

Forfeited

 

 

(9

)

 

 

25.93

 

 

 

 

 

Non-vested at March 31, 2015

 

 

1,525

 

 

$

23.67

 

 

$

43,544