XML 63 R47.htm IDEA: XBRL DOCUMENT v3.8.0.1
Share-Based Compensation (Tables)
 12 Months Ended
Dec. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Shares of Common Stock Available Under Share-Based Plans
Shares of Common Stock Available Under Share-Based Plans
 
 
As of December 31, 2017
 
 
Shares
Authorized
 
Shares Available
For Grant
Omnibus Plan
 
8,631,641

 
1,835,929

Directors Plan
 
481,250

 
104,782
Nonqualified Stock Option Transactions
Nonqualified Stock Option Transactions
(Amounts in thousands, except per share data)
 
 
Year Ended December 31, 2017
 
 
Number of Options
 
Weighted Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Term (1)
 
Aggregate
Intrinsic
Value (2)
Options outstanding beginning balance
 
486

 
$
31.77

 
 
 
 

Expired
 
(254
)
 
37.78

 
 
 
 

Options outstanding ending balance
 
232

 
$
25.19

 
0.75
 
$
513

Exercisable at the end of the year
 
232

 
$
25.19

 
0.75
 
$
513

(1) 
Represents the average remaining contractual life in years.
(2) 
Aggregate intrinsic value represents the total pre-tax intrinsic value that would have been received by the option holders if they had exercised their options on December 31, 2017. Intrinsic value equals the difference between the Company's average of the high and low stock price on the last trading day of the year and the option exercise price, multiplied by the number of shares. This amount will fluctuate with changes in the fair value of the Company's common stock.
Restricted Stock, Restricted Stock Unit, and Performance Share Award Transactions
Restricted Stock, Restricted Stock Unit, and Performance Share Award Transactions
(Amounts in thousands, except per share data)
 
 
Year Ended December 31, 2017
 
 
Restricted Stock/Unit Awards
 
Performance Shares
 
 
Number of
Shares/Units
 
Weighted
Average
Grant Date
Fair Value
 
Number of
Shares
 
Weighted
Average
Grant Date
Fair Value
Non-vested awards beginning balance
 
989

 
$
16.95

 
408

 
$
15.78

Granted
 
477

 
24.71

 
145

 
24.71

Vested
 
(367
)
 
16.79

 
(54
)
 
16.79

Forfeited
 
(46
)
 
19.80

 
(33
)
 
19.80

Non-vested awards ending balance
 
1,053

 
$
20.36

 
466

 
$
18.16
Schedule of Other Share-based Compensation, Activity
Other Restricted Stock, Restricted Stock Unit, and Performance Share Award Information
(Amounts in thousands, except per share data)
 
 
Years Ended December 31,
 
 
2017
 
2016
 
2015
Weighted-average grant date fair value of restricted stock, restricted stock unit, and
  performance share awards granted during the year
 
$
24.71

 
$
17.28

 
$
16.95

Total fair value of restricted stock, restricted stock unit, and performance share
  awards vested during the year
 
13,760

 
12,231

 
7,615

Income tax benefit realized from the vesting/release of restricted stock, restricted
  stock unit, and performance share awards
 
4,007

 
2,529

 
2,368
Effect of Recording Share-Based Compensation Expense
Effect of Recording Share-Based Compensation Expense
(Dollar amounts in thousands)
 
 
Years ended December 31,
 
 
2017
 
2016
 
2015
Total share-based compensation expense (1)
 
$
11,223

 
$
7,879

 
$
7,242

Income tax benefit
 
4,601

 
3,152

 
2,962

Share-based compensation expense, net of tax
 
$
6,622

 
$
4,727

 
$
4,280

Unrecognized compensation expense
 
$
13,266

 
$
9,990

 
$
8,644

Weighted-average amortization period remaining (in years)
 
1.3

 
1.3

 
1.4


(1) 
Comprised of restricted stock, restricted stock unit, and performance share awards expense.