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Equity Compensation and Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2014
Compensation and Retirement Disclosure [Abstract]  
Equity Compensation Expense And Related Income Tax Benefit Recognized
The following table summarizes the equity compensation expense and related income tax benefit recognized in the Consolidated Statements of Income (in thousands):
 
 
Years Ended December 31,
 
 
2014
 
2013
 
2012
Stock options:
 
 
 
 
 
 
Pre-tax compensation expense
 
$
116

 
$
84

 
$
379

Tax benefit
 
46

 
31

 
154

Stock option expense, net of tax
 
$
70

 
$
53

 
$
225

Restricted awards:
 
 
 
 
 
 
Pre-tax compensation expense
 
$
4,134

 
$
4,727

 
$
4,223

Tax benefit
 
1,622

 
1,831

 
1,710

Restricted stock expense, net of tax
 
$
2,512

 
$
2,896

 
$
2,513

Performance awards:
 
 
 
 
 
 
Pre-tax compensation expense
 
$
1,859

 
$

 
$

Tax benefit
 
724

 

 

Restricted stock expense, net of tax
 
$
1,135

 
$

 
$

Schedule Of Equity Compensation Stock Options Activity
The following table summarizes stock option activity for the year ended December 31, 2014:
 
Number of
Options
(in thousands)
 
Weighted
Average
Exercise
Price ($)
 
Weighted
Average
Remaining
Contractual
Term
(Years)
 
Aggregate
Intrinsic Value
(in thousands)
Outstanding at beginning of period
653

 
$
17.85

 

 

Options granted

 

 

 

Options exercised
(398
)
 
17.61

 

 

Options forfeited
(7
)
 
20.07

 

 

Options expired

 

 

 

Outstanding at end of period
248

 
18.18

 
3.81
 
$
3,223

Exercisable at end of period
201

 
17.71

 
3.38
 
$
2,703

Intrinsic Value Of Stock Options Exercised
The total intrinsic value of stock options exercised was as follows (in thousands):
2014
$
3,687

2013
896

2012
1,537

Schedule Of Equity Compensation Restricted Stock Activity
The following table summarizes restricted award activity for the year ended December 31, 2014:
 
Number of
Restricted
Awards (in
thousands)
 
Weighted
Average Grant
Date Fair
Value ($)
Nonvested at beginning of period
698

 
$
21.04

Shares granted
140

 
29.54

Shares vested
(192
)
 
20.88

Shares forfeited
(3
)
 
23.12

Nonvested at end of period
643

 
22.92

Schedule Of Equity Compensation Award Restricted Stock Valuation Assumptions
The following table summarizes the number of restricted awards granted (in thousands) and the weighted-average assumptions used to calculate the present value of estimated future dividends:
 
 
 
 
Years Ended December 31,
 
 
 
 
2014
 
2013
 
2012
Number of shares granted
 
 
 
140

 
115

 
268

Dividends per share (quarterly amounts)
 
 
 
$
0.05

 
$
0.05

 
$
0.05

Risk-free interest rate
 
 
 
1.6
%
 
1.4
%
 
0.7
%
Schedule Of Equity Compensation Performance Shares Activity
The following table summarizes performance award activity for the year ended December 31, 2014:
 
Number of
Performance Awards (in
thousands)
 
Weighted
Average Grant
Date Fair
Value ($)
Nonvested at beginning of period

 
$

Shares granted
183

 
25.06

Shares vested

 

Shares forfeited

 

Nonvested at end of period
183

 
25.06

Schedule Of Equity Compensation Performance Shares Valuation Assumptions
The following table summarizes the number of performance awards granted (in thousands) and the assumptions used to calculate the present value of estimated future dividends:
 
 
 
 
Year Ended December 31,
 
 
 
 
2014
Number of shares granted
 
 
 
183

Dividends per share (quarterly amounts)
 
 
 
$
0.05

Risk-free interest rate
 
 
 
1.5
%
Contributions For Employee Stock Purchase Plan
Our contributions for the Purchase Plan were as follows (in thousands):
2014
$
188

2013
210

2012
204

Contributions And Administrative Expenses Under 401(k) Retirement Savings Plan
Salaries, wages and benefits expense in the accompanying Consolidated Statements of Income includes our 401(k) Plan contributions and administrative expenses, which were as follows (in thousands): 
2014
$
1,812

2013
1,722

2012
1,612

Deferred Compensation Assets And Liabilities
The accumulated benefit obligation and aggregate market value of the life insurance policies were as follows (in thousands):
 
December 31,
 
2014
 
2013
Accumulated benefit obligation
$
6,785

 
$
5,773

Aggregate market value
6,055

 
5,186