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SHARE-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Transactions Involving Stock Units and Director Stock Grants
Transactions involving our stock units and director stock grants during the three months ended March 31, 2017 and 2016 are summarized below:
 
Three Months Ended
March 31, 2017
 
Three Months Ended
March 31, 2016
 
(unaudited)
 
(unaudited)
 
No. of Stock
Units
 
Weighted
Average
Fair Value
 
No. of Stock
Units
 
Weighted
Average
Fair Value
 
(in thousands)
 
 
 
(in thousands)
 
 
Stock and stock units, beginning of period
535

 
$
35.11

 
371

 
$
36.26

Changes during the period:
 
 
 
 
 
 
 
Granted
2

 
$
33.27

 
70

 
$
25.30

Assumed - Furmanite acquisition

 
$

 
40

 
$
25.63

Vested and settled
(21
)
 
$
25.33

 

 
$

Cancelled
(3
)
 
$
31.58

 
(3
)
 
$
28.09

Stock and stock units, end of period
513

 
$
35.55

 
478

 
$
33.83

Summary of Transactions Involving Performance Awards
Transactions involving our performance awards during the three months ended March 31, 2017 and 2016 are summarized below:
 
Three Months Ended
March 31, 2017
 
Three Months Ended
March 31, 2016
 
(unaudited)
 
(unaudited)
 
No. of Stock
Units
 
Weighted
Average
Fair Value
 
No. of Stock
Units
 
Weighted
Average
Fair Value
 
(in thousands)
 
 
 
(in thousands)
 
 
Long-term performance stock units, beginning of period
59

 
$
37.16

 
59

 
$
37.16

Changes during the period:
 
 
 
 
 
 
 
Granted
167

 
$
20.24

 

 
$

Vested and settled

 
$

 

 
$

Cancelled

 
$

 

 
$

Long-term performance stock units, end of period
226

 
$
24.64

 
59

 
$
37.16

Summary of Transactions Involving Stock Options
Transactions involving our stock options during the three months ended March 31, 2017 and 2016 are summarized below:
 
Three Months Ended
March 31, 2017
 
Three Months Ended
March 31, 2016
 
(unaudited)
 
(unaudited)
 
No. of
Options
 
Weighted
Average
Exercise Price
 
No. of
Options
 
Weighted
Average
Exercise Price
 
(in thousands)
 
 
 
(in thousands)
 
 
Shares under option, beginning of period
203

 
$
30.63

 
376

 
$
25.71

Changes during the period:
 
 
 
 
 
 
 
Granted

 
$

 

 
$

Assumed - Furmanite acquisition

 
$

 
132

 
$
33.20

Exercised
(16
)
 
$
27.91

 
(64
)
 
$
15.67

Cancelled

 
$

 
(2
)
 
$
50.10

Expired
(1
)
 
$
32.05

 
(5
)
 
$
30.33

Shares under option, end of period
186

 
$
30.87

 
437

 
$
29.26

Exercisable at end of period
185

 
$
30.71

 
419

 
$
28.92

Total Options Outstanding, Range of Exercise Prices and Remaining Contractual Lives
Options exercisable at March 31, 2017 had a weighted-average remaining contractual life of 2.6 years. For total options outstanding at March 31, 2017, the range of exercise prices and remaining contractual lives are as follows:
Range of Prices
No. of
Options
 
Weighted
Average
Exercise Price
 
Weighted
Average
Remaining
Life
 
(in thousands)
 
 
 
(in years)
$20.18 to $30.28
29

 
$
24.81

 
2.2
$30.29 to $40.38
150

 
$
31.08

 
2.5
$40.39 to $50.47
7

 
$
50.47

 
7.1
Total
186

 
$
30.87

 
2.6