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STOCK-BASED COMPENSATION (PREDECESSOR COMPANY) (Tables)
 12 Months Ended
Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of performance shares awarded and estimated fair value of the awards at grant date
Performance share awards and the estimated fair value of the awards at grant date are as follows:
Year Awarded
 
Performance
Shares
 
Estimated
Fair Value
 
 
 
 
(Dollars In Thousands)
2014
 
203,295

 
$
10,484
Schedule of the SARs activity as well as weighted-average base price
The SARs activity as well as weighted-average base price was as follows:
 
Weighted-Average
Base Price Per Share
 
No. of SARs
Balance at December 31, 2014
$
30.41

 
157,628
Schedule of outstanding SARs by base prices
The outstanding SARs as of December 31, 2014 (Predecessor Company), were at the following base prices:
Base Price
 
SARs
Outstanding
 
Remaining Life
in Years
 
Currently
Exercisable
$41.05
 
10,000

 
1
 
10,000

$43.46
 
22,300

 
3
 
22,300

$38.59
 
52,000

 
4
 
52,000

$3.50
 
46,110

 
5
 
46,110

$18.36
 
27,218

 
6
 
27,218
Schedule of equity compensation plans
The following table provides information as of December 31, 2014 (Predecessor Company), regarding equity compensation plans under which the Company's common stock was authorized for issuance:
Securities Authorized for Issuance under Equity Compensation Plans
Plan category
 
Number of securities
to be issued upon
exercise of
outstanding options,
warrants and rights as
of December 31, 2014 (a)
 
Weighted-average
exercise price of
outstanding options,
warrants and rights as
of December 31, 2014 (b)
 
Number of securities
remaining available
for future issuance
under equity
compensation plans
(excluding securities
reflected in
column (a)) as of
of December 31, 2014 (c)
 
Equity compensation plans approved by shareowners
 
1,960,959

(1)
$
22.07

(3)
4,092,546

(4)
Equity compensation plans not approved by shareowners
 
193,720

(2)
Not applicable

 
Not applicable

(5)
Total
 
2,154,679

 
$
22.07

 
4,092,546

 

(1)
Includes the following number of shares: (a) 102,458 shares issuable with respect to outstanding SARs (assuming for this purpose that one share of common stock will be payable with respect to each outstanding SAR); (b) 907,487 shares issuable with respect to outstanding performance share awards (assuming for this purpose that the awards are payable based on estimated performance under the awards as of September 30, 2014); (c) 313,199 shares issuable with respect to outstanding restricted stock units (assuming for this purpose that shares will be payable with respect to all outstanding restricted stock units); (d) 475,386 shares issuable with respect to stock equivalents representing previously earned awards under the LTIP that the recipient deferred under PLC's Deferred Compensation Plan for Officers; and (e) 162,429 shares issuable with respect to stock equivalents representing previous awards under PLC's Stock Plan for Non-Employee Directors that the recipient deferred under PLC's Deferred Compensation Plan for Directors Who Are Not Employees of PLC.
(2)
Includes the following number of shares of common stock: (a) 152,709 shares issuable with respect to stock equivalents representing (i) stock awards to PLC's Directors before June 1, 2004 that the recipient deferred pursuant to PLC's Deferred Compensation Plan for Directors Who Are Not Employees of PLC and (ii) cash retainers and fees that PLC's Directors deferred under the Company's Deferred Compensation Plan for Directors Who Are Not Employees of PLC, and (b) 41,011 shares issuable with respect to stock equivalents pursuant to PLC's Deferred Compensation Plan for Officers.
(3)
Based on exercise prices of outstanding SARs.
(4)
Represents shares of common stock available for future issuance under the LTIP and PLC's Stock Plan for Non-Employee Directors.
(5)
The plans listed in Note (2) do not currently have limits on the number of shares of common stock issuable under such plans. The total number of shares of common stock that may be issuable under such plans will depend upon, among other factors, the deferral elections made by the plans' participants.