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Stock Incentive Plans (Tables)
12 Months Ended
Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Information Concerning Restricted Stock Awards

The following table summarizes certain information concerning restricted stock awards:

 

  2014   Weighted
Average
Grant
Price per
Share
  2013   Weighted
Average
Grant
Price per
Share
  2012   Weighted
Average
Grant
Price per
Share
 

Unvested shares outstanding at beginning of year

  1,729,033    $ 10.23      1,913,073    $ 9.17      1,846,115    $ 8.44   

Granted

  387,165      13.50      361,664      11.10      321,295      12.09   

Net adjustment due to performance

  (36,600   12.01      165,545      9.60      28,181      8.31   

Vested

  (707,074   8.81      (734,129   7.90      (179,767   8.24   

Forfeited

  (65,399   11.72      (37,828   10.42      (179,132   8.50   

Dividend reinvestment

  46,968      12.66      60,708      11.82      76,381      11.19   
 

 

 

     

 

 

     

 

 

   

Unvested shares outstanding at end of year

  1,354,093      11.86      1,729,033      10.23      1,913,073      9.17   
 

 

 

     

 

 

     

 

 

   

Components of Restricted Stock Awards

The components of the restricted stock awards as of December 31, 2014 are as follows:

 

     Service-
Based

Awards
     Performance-
Based
Awards
     Total  

Unvested shares

     513,886         840,207         1,354,093   

Unrecognized compensation expense

   $ 3,075       $ 2,167       $ 5,242   

Intrinsic value

   $ 6,845       $ 11,192       $ 18,037   

Weighted average remaining life (in years)

     2.14         1.95         2.02   
Summary of Information Concerning Stock Option Awards

The following table summarizes certain information concerning stock options:

 


  2014   Weighted
Average
Price per
Share
  2013   Weighted
Average
Price per
Share
  2012   Weighted
Average
Price per
Share
 

Options outstanding at beginning of year

  533,524    $ 11.50      640,050    $ 13.21      586,020    $ 14.93   

Assumed from acquisitions

  805,507      7.39      274,964      11.16      627,808      10.41   

Exercised

  (690,973   7.75      (69,429   7.46      (182,188   8.87   

Forfeited

  (79,224   21.40      (312,061   15.58      (391,590   13.32   
 

 

 

     

 

 

     

 

 

   

Options outstanding and exercisable at end of year

  568,834      8.86      533,524      11.50      640,050      13.21   
 

 

 

     

 

 

     

 

 

   
Summary of Stock Options Outstanding

The following table summarizes information about stock options outstanding at December 31, 2014:

 

Range of Exercise
Prices

Options
Outstanding

and Exercisable
  Weighted Average
Remaining
Contractual Years
  Weighted Average
Exercise Price
 

$3.45 - $5.18

  218,170      5.74    $ 4.79   

$5.19 - $7.78

  105,497      5.63      6.11   

$7.79 - $11.68

              

$11.69 - $17.54

  233,780      2.59      12.77   

$17.55 - $26.32

              

$26.33 - $36.42

  11,387      1.34      31.92   
  

 

 

       
  568,834   
  

 

 

    
Summary of Stock Options Exercised

The following table summarizes certain information relating to stock options exercised:

 

Year Ended December 31    2014      2013      2012  

Proceeds from stock options exercised

   $ 3,292       $ 365       $ 864   

Tax benefit recognized from stock options exercised

     808         79         96   

Intrinsic value of stock options exercised

     3,289         318         435