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Share-Based Compensation (Tables)
6 Months Ended
Jun. 30, 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

 

 

Six Months Ended

 

 

June 30,

 

 

June 30,

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Cost of goods sold

$

122

 

 

$

107

 

 

$

245

 

 

$

203

 

Selling, general and administrative

 

3,389

 

 

 

2,979

 

 

 

6,594

 

 

 

5,829

 

Research and development

 

364

 

 

 

305

 

 

 

716

 

 

 

578

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total share-based compensation expense

$

3,875

 

 

$

3,391

 

 

$

7,555

 

 

$

6,610

 

 

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

 

 

(534

)

 

 

15.49

 

 

 

 

 

 

 

6,976

 

Forfeited or expired

 

 

(16

)

 

 

-

 

 

 

 

 

 

 

 

 

Outstanding at June 30, 2015

 

 

2,186

 

 

$

22.65

 

 

 

4

 

 

$

6,309

 

Exercisable at June 30,  2015

 

 

1,849

 

 

$

22.37

 

 

 

4

 

 

$

5,833

 

 

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

 

 

312

 

 

 

26.19

 

 

 

 

 

Vested

 

 

(116

)

 

 

25.72

 

 

 

3,016

 

Forfeited

 

 

(27

)

 

 

26.00

 

 

 

 

 

Non-vested at June 30, 2015

 

 

1,704

 

 

$

23.70

 

 

$

40,936