Share-Based Compensation

9 Months Ended

Sep. 30, 2016

Share-Based Compensation [Abstract]

Share-Based Compensation

(7)Share-Based Compensation

The Company’s share-based compensation plan is described, and informational disclosures are provided, in the Notes to Consolidated Financial Statements included in the Form 10-K for the year ended December 31, 2015. During the first nine months of 2016 and 2015, the Company issued the following share-based instruments: (1) restricted stock units of483,387 and 321,500 at weighted-average per share prices of $19.14 and $23.07, respectively; (2) 274,000 and 259,000 stock options at weighted-average per share exercise prices of $16.20 and $16.07, respectively; and (3)64,603 and 68,160 unrestricted stock units at weighted-average per share prices of $21.67 and $21.93, respectively. Both the restricted stock units and options granted in 2016 and 2015 vest upon the achievement of defined performance targets.