XML 147 R58.htm IDEA: XBRL DOCUMENT v3.3.0.814
Stock Options and Other Equity-Based Incentive Instruments (Tables)
9 Months Ended
Sep. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock Option Activity

Stock option activity during the nine months ended September 30, 2015 is summarized in the following table:

 

     Number
of Shares
    

Option Price

per Share

     Weighted
Average
Exercise
Price
     Weighted
Average Fair
Value on
Date of Grant
 

Outstanding at December 31, 2014

     1,102,850       $ 12.63      to    $ 25.91       $ 18.25      

Options granted

     —           —        to      —           —           —     

Options exercised

     (68,000    $ 15.34      to    $ 22.54       $ 19.51      

Options forfeited

     —           —        to      —           —        
  

 

 

               

Outstanding at September 30, 2015

     1,034,850       $ 12.63      to    $ 25.91       $ 18.17      
  

 

 

               

 

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, 2015:

 

     Currently
Exercisable
     Currently Not
Exercisable
     Total
Outstanding
 

Number of options

     755,850         279,000         1,034,850   

Weighted average exercise price

   $ 18.52       $ 17.23       $ 18.17   

Intrinsic value (in thousands)

   $ 4,611       $ 2,047       $ 6,658   

Weighted average remaining contractual term (yrs.)

     4.1         6.8         4.8   
Restricted Stock Unit (RSU) Activity

Restricted stock unit (RSU) activity is summarized in the following table for the dates indicated:

 

     Service Condition Vesting RSUs      Market Plus Service Condition Vesting RSUs  
     Number
of RSUs
     Weighted
Average Fair
Value on
Date of Grant
    

Number

of RSUs

    

Weighted

Average Fair

Value on
Date of Grant

 

Outstanding at December 31, 2014

     30,920            15,366      

RSUs granted

     30,348       $ 23.45         18,348       $ 21.01   

RSUs added through dividend credits

     710            —        

RSUs released

     (11,652         —        

RSUs forfeited

     (2,643         —        
  

 

 

       

 

 

    

Outstanding at September 30, 2015

     47,683            33,714