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Stock-based Compensation (Tables)
12 Months Ended
Dec. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock Options, Valuation Assumptions
The weighted-average fair value of options granted and the weighted-average assumptions used in the Black-Scholes-Merton option pricing model for such grants were as follows:
 
2017
2016
2015
Dividend Yield
0.4
%
0.4
%
0.3
%
Expected Volatility
32.8
%
34.2
%
28.9
%
Risk-free Interest Rate
1.9
%
1.3
%
1.6
%
Expected Term (in years)
5.3

5.3

5.2

Weighted-average Fair Value of Stock Options Granted
$
8.55

$
7.10

$
8.41

Summary Information about Stock Options Outstanding
The following table summarizes information about stock options outstanding at December 31, 2017:
 
Options Outstanding
 
Options Exercisable
Range of Exercise
Prices
Number Outstanding
December 31, 2017
 
Weighted Average Remaining Contractual
Life
(in Years)
 
Weighted Average
Exercise Price
 
Number Exercisable
December 31, 2017
 
Weighted Average
Exercise Price
$10.01-15.00
61

 
0.79
 
$
14.11

 
61

 
$
14.11

  15.01-20.00
49

 
2.15
 
19.92

 
49

 
19.92

  20.01-25.00
586

 
8.14
 
22.67

 
191

 
22.73

  25.01-30.00
780

 
8.37
 
27.50

 
244

 
28.09

  30.01-32.20
176

 
7.06
 
32.10

 
120

 
32.06

  10.01-32.20
1,652

 
7.69
 
25.56

 
665

 
25.39

Summary of Stock Option Activity
The table below summarizes option activity for the year ended December 31, 2017:
 
Options
(In Thousands)
 
Weighted Average
Exercise Price
 
Weighted Average
Remaining
Contractual Term
(in Years)
 
Aggregate
Intrinsic Value
(in Thousands)
 
Weighted
Average Fair
Value
Outstanding at January 1, 2017
1,407

 
$
24.21

 
 
 
 
 
 
Granted
518

 
27.18

 
 
 
 
 
 
Exercised
(184
)
 
18.83

 
 
 
 
 
 
Forfeited/expired
(89
)
 
27.52

 
 
 
 
 
 
Outstanding at December 31, 2017
1,652

 
25.56

 
7.69
 
$
23,607

 
$
8.12

Expected to Vest at December 31, 2017
894

 
25.65

 
8.56
 
12,694

 
7.95

Exercisable at December 31, 2017
665

 
25.39

 
6.36
 
9,616

 
8.35

Summary of Restricted Stock Activity
The following table summarizes information about restricted stock activity during 2017:
 
Restricted Stock
(In Thousands)
 
Weighted Average
Fair Value
Non-vested at January 1, 2017
953

 
$
27.45

Granted
375

 
29.27

Vested
(325
)
 
28.09

Forfeited
(56
)
 
27.27

Non-vested at December 31, 2017
947

1 
27.96


Summary of Performance Share Units
The following table summarizes information about performance share unit activity during 2017:
 
Performance Share Units
(In Thousands)
 
Weighted Average
Fair Value
Non-vested at January 1, 2017
693

 
$
25.67

Granted
479

 
27.00

Vested
(269
)
 
26.51

Forfeited/unearned
(81
)
 
25.74

Non-vested at December 31, 2017
822

 
26.31