XML 25 R46.htm IDEA: XBRL DOCUMENT v2.4.0.8
Stock-Based Compensation (Details) (USD $)
3 Months Ended 9 Months Ended 1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended 1 Months Ended 9 Months Ended
Sep. 30, 2013
Restricted Stock Awards
Sep. 30, 2013
Restricted Stock Awards
Mar. 31, 2013
Restricted Stock Awards
Awarded in 2009 and 2010
Sep. 30, 2013
Stock options
Sep. 30, 2013
Stock options
Dec. 31, 2009
Stock options
Mar. 31, 2013
Stock options
Awarded in 2009
Sep. 30, 2013
Stock options
Awarded in 2009
item
Sep. 30, 2013
Plan
Share-Based Compensation                  
Number of shares authorized for grant                 6,900,000
Number of shares of common stock exchanged for each award   1              
Aggregate number of shares approved 5,033,333 5,033,333   2,410,465 2,410,465        
Number of restricted stock units for which performance targets established (in shares)     178,335            
Compensation expense $ 1,500,000 $ 5,000,000   $ 500,000 $ 1,600,000        
Unrecognized compensation cost related to the unvested awards 2,700,000 2,700,000   900,000 900,000        
Weighted average period over which unrecognized compensation cost is expected to be recognized   2 years 1 month 6 days     2 years        
Number of Shares                  
Granted and unvested, beginning of period (in shares)   1,141,666              
Vested (in shares)   (514,999)              
Granted (in shares)   196,668              
Forfeited (in shares)   (66,667)              
Total granted and unvested (in shares) 756,668 756,668              
Approved for grant (in shares) 852,500 852,500              
Total awarded and unvested, end of period (in shares) 1,609,168 1,609,168              
Weighted Average Grant Date Fair Value                  
Total Granted and Unvested, beginning of period, weighted average grant date fair value (in dollars per share)   $ 18.12              
Vested, weighted average grant date fair value (in dollars per share)   $ 20.72              
Granted, weighted average grant date fair value (in dollars per share)   $ 19.27              
Forfeited, weighted average grant date fair value (in dollars per share)   $ 14.23              
Total Granted and Unvested, end of period, weighted average grant date fair value (in dollars per share) $ 16.99 $ 16.99              
Aggregate Intrinsic Value                  
Total Granted and Unvested, beginning of period, aggregate intrinsic value   15,641,000              
Vested, aggregate intrinsic value   9,560,000              
Granted, aggregate intrinsic value   4,193,000              
Total Granted and Unvested, aggregate intrinsic value 16,132,000 16,132,000              
Approved for grant, aggregate intrinsic value 18,175,000 18,175,000              
Total Awarded and Unvested, end of period, aggregate intrinsic value 34,307,000 34,307,000              
Vesting schedule of outstanding unvested restricted stock awards                  
2013 (in shares) 185,000 185,000              
2014 (in shares) 546,668 546,668              
2015 (in shares) 187,500 187,500              
2016 (in shares) 202,500 202,500              
2017 (in shares) 442,500 442,500              
2018 (in shares) 36,000 36,000              
2019 (in shares) 9,000 9,000              
Total (in shares) 1,609,168 1,609,168              
Number of unvested stock awards that will vest subject to the satisfaction of service-based requirements (in shares)   160,000              
Number of unvested stock awards that will vest subject to the satisfaction of service-based requirements and the achievement of performance metrics (in shares)   1,449,168              
Term of Stock Options         10 years        
Number of stock option awards subject to achievement of pre-tax income performance targets (in shares)           750,000 150,000    
Number of Shares                  
Total Granted and Outstanding, beginning of period (in shares)         1,315,465        
Granted (in shares)         150,000        
Exercised (in shares)         (40,465)        
Forfeited (in shares)         (50,000)        
Total granted and outstanding (in shares)       1,375,000 1,375,000        
Approved for grant (in shares)       725,000 725,000        
Total Awarded and Unvested, end of period (in shares)       2,100,000 2,100,000        
Weighted Average Grant Date Fair Value                  
Total Granted and Outstanding, beginning of period, grant date value (in dollars per share)         $ 9.72        
Granted, grant date value (in dollars per share)         $ 6.93        
Exercised, grant date value (in dollars per share)         $ 6.18        
Forfeited, grant date value (in dollars per share)         $ 7.25        
Total Granted and Outstanding, end of period, grant date value (in dollars per share)       $ 9.61 $ 9.61        
Weighted Average Exercise Price                  
Total granted and outstanding, beginning of period, weighted average exercise price (in dollars per share)         $ 18.91        
Granted, weighted average exercise price (in dollars per share)         $ 20.33        
Exercised, weighted average exercise price (in dollars per share)         $ 13.77        
Total Granted and Outstanding, weighted average exercise price (in dollars per share)       $ 19.45 $ 19.45        
Approved for grant, weighted average exercise price (in dollars per share)       $ 11.61 $ 11.61        
Total Awarded and Outstanding, end of period, weighted average exercise price (in dollars per share)       $ 16.75 $ 16.75        
Number of vested and exercisable stock options (in shares)       860,000 860,000        
Vested and exercisable stock options, weighted average exercise price (in dollars per share)       $ 22.10 $ 22.10        
Number of unvested stock option awards that will vest subject to the satisfaction of service-based requirements (in shares)       282,500 282,500        
Number of unvested stock option awards that will vest subject to the satisfaction of service-based requirements and the achievement of performance metrics (in shares)       957,500 957,500        
Intrinsic value of outstanding stock options       $ 3,800,000 $ 3,800,000        
Weighted average remaining contractual term of outstanding stock options         5 years 9 months 18 days        
Number of installments for vesting of stock awards               5  
Key assumptions used in estimating the grant date fair values of stock option awards granted                  
Risk-free interest rate (as a percent)               0.48%  
Expected life of options               3 years 7 months 6 days  
Expected volatility of underlying stock (as a percent)               51.00%  
Expected quarterly dividends (as a percent)               0.00%