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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2016
STOCK-BASED COMPENSATION  
Summary of restricted stock units, performance-based stock units, and weighted average grant date fair values

 

 

Employee Service-Based
Awards

 

Employee Performance-
Based Awards

 

Director Awards

 

 

 

Units

 

Weighted
Average
Grant Date
Fair Value

 

Units

 

Weighted
Average
Grant Date
Fair Value

 

Units

 

Weighted
Average
Grant Date
Fair Value

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nonvested at December 31, 2014

 

670,735

 

$

28.99

 

75,661

 

$

24.70

 

72,832

 

$

29.46

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Granted

 

474,108

 

24.48

 

120,178

 

25.95

 

92,155

 

14.46

 

Vested

 

(281,587

)

27.46

 

(49,775

)

24.37

 

(56,797

)

26.17

 

Forfeited

 

(52,416

)

28.73

 

(613

)

29.66

 

(14,021

)

19.48

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nonvested at December 31, 2015

 

810,840

 

26.90

 

145,451

 

25.83

 

94,169

 

18.25

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Granted

 

631,011

 

6.90

 

192,600

 

6.90

 

71,000

 

6.53

 

Vested

 

(279,421

)

26.64

 

(19,722

)

23.99

 

(93,704

)

18.16

 

Forfeited

 

(95,832

)

20.69

 

(192,600

)

6.90

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nonvested at December 31, 2016

 

1,066,598

 

$

16.30

 

125,729

 

$

26.11

 

71,465

 

$

6.72

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Summary of option activity and weighted average exercise prices

(dollars in thousands)

 

Director Awards

 

Weighted Average Exercise Price

 

Shares

 

Weighted Average
Exercise Price

 

Aggregate
Intrinsic Value

 

Weighted Average
Remaining
Contractual Term
(Years)

 

 

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2014

 

7,947

 

$

5.09

 

$

 

 

Exercised

 

(7,947

)

5.09

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2015

 

 

$

 

$