STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2015

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Total Stock-Based Compensation Expense Recognized

Total compensation expense recognized is as follows:

	2015		2014		2013
	(In thousands)
Stock options	$	770	$	1,747	$	4,321
Restricted stock and restricted stock units		14,395		14,417		12,326
Performance shares		1,428		352		4,453
Total	$	16,593	$	16,516	$	21,100

Total Gross Unrecognized Estimated Compensation Expense and Expected Weighted-Average Periods

The components of the total gross unrecognized estimated compensation expense and their expected remaining weighted-average periods for expense recognition are as follows:

	Amount (In thousands)		Weighted-Average Period (years)
Stock options	$	259		0.2
Restricted stock and restricted stock units		22,290		1.7
Performance shares		1,974		1.1
	$	24,523

Weighted Average Assumptions

The fair value of each option grant was estimated with the following weighted-average assumptions:

	Year Ended December 31,
	2015	2014	2013
Risk-free interest rate	-	-		0.68	%
Expected volatility	-	-		56	%
Expected life of the option in years	-	-		4.60
Expected dividend yield	-	-		0.0	%

Activity for Stock Option

The following table summarizes activity for our stock options for 2015 (share data in thousands):

	Number of Option Shares			Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term	Aggregate Intrinsic Value (in millions)
Outstanding at beginning of period		3,293		$	12.18
Granted		-			-
Exercised		(197	)		3.47
Cancelled/expired/forfeited		(200	)		12.34
Outstanding at end of period(1)		2,896		$	12.76	2.4 years	-
Exercisable at end of period		2,681		$	12.95	2.3 years	-

(1) Of the remaining outstanding options at the end of the period, we expect approximately 0.2 million shares underlying the options to vest at a weighted-average exercise price of $10.33.

Nonvested Restricted Stock, Restricted Stock Units and Changes

Nonvested restricted stock and restricted stock units and changes during 2015 were as follows (share data in thousands):

	Number of Shares			Weighted-Average Grant Date Fair Value
Nonvested at beginning of period		4,648		$	8.00
Granted		4,351			3.47
Vested		(1,688	)		8.45
Cancelled/forfeited		(622	)		5.82
Nonvested at end of period		6,689		$	5.15

Nonvested Performance Shares and Performance Unit Awards and Changes

Nonvested performance share awards and changes during the year ended December 31, 2015 were as follows (share data in thousands):

	Number of Shares			Weighted-Average Grant Date Fair Value
Nonvested at beginning of period		1,452		$	11.55
Granted		1,775			3.37
Cancelled/forfeited		(637	)		8.44
Nonvested at end of period		2,590		$	6.71