Stock Options and Other Equity-Based Incentive Instruments (Tables)

9 Months Ended

Sep. 30, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock option activity during the nine months ended September 30, 2014 is summarized in the following table:


									Weighted		Weighted
									Average		Average Fair
	Number			Option Price					Exercise		Value on
	of Shares			per Share					Price		Date of Grant
Outstanding at December 31, 2013		1,246,370		$	12.63	to	$	25.91	$	18.04
Options granted		—			—	to		—		—		—
Options exercised		(166,020	)	$	14.54	to	$	20.58	$	17.32
Options forfeited		—			—	to		—		—
Outstanding at September 30, 2014		1,080,350		$	12.63	to	$	25.91	$	18.15

Summary of Options Outstanding

The following table shows the number, weighted-average exercise price, intrinsic value, and weighted average remaining contractual life of options exercisable, options not yet exercisable and total options outstanding as of September 30, 2014:


	Currently		Currently Not		Total
	Exercisable		Exercisable		Outstanding
Number of options		786,350		294,000		1,080,350
Weighted average exercise price	$	18.79	$	16.44	$	18.15
Intrinsic value (in thousands)	$	3,519	$	1,954	$	5,473
Weighted average remaining contractual term (yrs.)		4.7		7.6		5.5

Restricted Stock Unit (RSU) Activity

Restricted stock unit (RSU) activity during the nine months ended September 30, 2014 is summarized in the following table:


	Service Condition Vesting RSUs				Market Plus Service Condition Vesting RSUs
			Weighted				Weighted
			Average Fair				Average Fair
	Number		Value on		Number		Value on
	of RSUs		Date of Grant		of RSUs		Date of Grant
Outstanding at December 31, 2013		—		—		—		—
RSUs granted		29,025	$	22.34		13,749	$	20.92
RSUs added through dividend credits		141				—
RSUs released		—				—
RSUs forfeited/expired		—				—
Outstanding at September 30, 2014		29,166				13,749