XML 39 R42.htm IDEA: XBRL DOCUMENT v2.4.1.9
Stock Option Plans, Stock Grants, Stock Appreciation Rights and Employee Stock Purchase Plan (Tables)
12 Months Ended
Dec. 31, 2014
Amounts Charged to Expense for Stock-based Compensation

The amounts charged to expense for stock-based compensation for the years ended December 31, 2014, 2013 and 2012 are presented in the following table:

 

     Year Ended December 31,  

In thousands

   2014      2013      2012  

Restricted stock units

   $ 11,507       $ 3,369       $ 7,380   

Directors restricted stock grants (1)

     420         413         390   

Employee stock purchase plan

     194         132         82   
  

 

 

    

 

 

    

 

 

 

Total stock-based compensation

$ 12,121    $ 3,914    $ 7,852   
  

 

 

    

 

 

    

 

 

 

 

(1) - Relates to non-employee directors serving on the Parent Company’s Board of Directors, all of whom have been elected by the Company’s stockholders, as well as non-employee directors serving on NUAL’s Board of Directors.
Unvested Restricted Stock Grants Outstanding

Unvested restricted stock units outstanding as of December 31, 2014, 2013 and 2012, and changes during the years ended on those dates, are presented in the following table:

 

     December 31,  
     2014      2013      2012  

Beginning balance

     626,812         587,629         526,972   

Granted - Performance

     228,607         114,463         97,145   

Granted - Non Performance

     59,523         155,463         146,915   
  

 

 

    

 

 

    

 

 

 

Total Granted

  288,130      269,926      244,060   

Vested - Performance Earned

  —        (15,714   —     

Vested - Performance Unearned

  (93,453   (57,585   (46,998

Vested - Non Performance

  (90,263   (60,183   (91,323
  

 

 

    

 

 

    

 

 

 

Total Vested

  (183,716   (133,482   (138,321

Forfeited

  (12,334   (97,261   (45,082
  

 

 

    

 

 

    

 

 

 

Ending balance

  718,892      626,812      587,629   
  

 

 

    

 

 

    

 

 

Stock Options Outstanding

Stock options outstanding as of December 31, 2014, 2013 and 2012 are as follows:

 


     December 31,  
     2014      2013      2012  
     # of Shares     Average
Exercise Price
     # of Shares     Average
Exercise Price
     # of Shares     Average
Exercise Price
 

Beginning balance

     6,750      $ 30.65         90,250      $ 29.94         105,250      $ 29.50   

Granted

     —          —           —          —           —          —     

Exercised

     (5,250   $ 29.11         (83,500   $ 29.88         (15,000   $ 26.90   

Expired or forfeited

     —          —           —          —           —        $ —     
  

 

 

      

 

 

      

 

 

   

Ending balance

  1,500    $ 36.03      6,750    $ 30.65      90,250    $ 29.94   
  

 

 

      

 

 

      

 

 

   

Number of options exercisable

  1,500    $ 36.03      6,750    $ 30.65      90,250    $ 29.94   
  

 

 

      

 

 

      

 

 

   
Summarized Information about Options Outstanding

The following table summarizes information about stock options outstanding as of December 31, 2014:

 

Price Range

   Outstanding
Options
     Average
Remaining
Contract Life
     Average
Exercise Price
     Average Aggregate
Intrinsic Value
     Exercisable
Options
     Average
Exercise Price
     Average Aggregate
Intrinsic Value
 

$31 to $37

     1,500         0.7       $ 36.03       $ 27.13         1,500       $ 36.03       $ 27.13   
  

 

 

             

 

 

       

Total

  1,500      0.7      1,500