Share-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2014

Share-based Compensation [Abstract]

Schedule of Cash Proceeds Received from Share-based Payment Awards

	Year Ended December 31,
	2014		2013		2012
	(Amounts in thousands)
Cash received from option exercises	$	6,247	$	1,446	$	2,492
Compensation cost	4,112		974		(370		)
Excess tax benefit	148		202		86

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

No stock options were awarded in 2014 and 2012. In 2013, the fair value of stock option awards was estimated on the date of grant using a closed-form option valuation model (Black-Scholes) based on the following table, which provides the weighted-average values of assumptions used in the calculation of grand-date fair values during the years ended December 31, 2013.

	2013
Weighted-average grant-date fair value	$7.11
Expected volatility	33.16% - 33.18%
Weighted-average expected volatility	33.17%
Risk-free interest rate	0.88% - 1.60%
Expected dividend yield	5.40% - 5.76%
Expected term in months	72

Summary of Stock Option Activity

A summary of the stock option activity under the Company’s plans as of December 31, 2014 and changes during the year then ended is presented below:

	Shares	Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value (in 000’s)
Outstanding at January 1, 2014	433,750	$	49.11
Granted	0
Exercised	(155,050)	$	46.34
Canceled or expired	(30,700)	$	57.10
Outstanding at December 31, 2014	248,000	$	49.85	3.7	$	1,774
Exercisable at December 31, 2014	188,000	$	51.86	2.2	$	985

Schedule of Options Authorized under Stock Option Plans, by Exercise Price Range

The following table presents information regarding stock options outstanding at December 31, 2014:

	Options Outstanding				Options Exercisable
Range of Exercise Prices	Number of Options	Weighted-Avg. Remaining Contractual Life (Years)	Weighted- Avg.  Exercise Price		Number of Options	Weighted- Avg. Exercise Price
$33.61-47.61	105,500	6.5	$	43.67	45,500	$	43.86
$50.01-52.13	63,500	2.2	$	51.03	63,500	$	51.03
$54.93-58.83	79,000	1.3	$	57.14	79,000	$	57.14

Summary of Grants

The following table presents the grants summary:

	Grant Year
	2014	2013	2012
Three-year performance period ending December 31,	2016	2015	2014
Vesting shares, target (net of forfeited)	86,500	80,500	80,500
Vesting shares, maximum (net of forfeited)	162,188	181,125	181,125

Summary of Vested And Unvested RSU

The restricted stock unit activity as of December 31, 2014, 2013, and 2012 and changes during the years then ended is as follows:

	2014			2013			2012
	Shares	Weighted- Average Fair Value per Share		Shares	Weighted- Average  Fair Value per Share		Shares	Weighted- Average  Fair Value per Share
Outstanding at January 1	170,500	$	39.64	169,000	$	42.22	135,000	$	40.70
Granted	93,500	$	45.17	84,500	$	36.82	92,000	$	44.01
Vested	0			0			0
Forfeited/Canceled	(16,500)	$	43.99	(3,000)	$	36.82	(3,000)	$	44.01
Expired	(80,500)	$	44.01	(80,000)	$	40.22	(55,000)	$	41.40
Outstanding at December 31	167,000	$	41.15	170,500	$	39.64	169,000	$	42.22