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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2015
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Unvested Restricted Stock Units and Performance Units Grants Outstanding

Unvested restricted stock units and performance units outstanding as of December 31, 2015, 2014 and 2013, and changes during the years ended on those dates, are presented in the following table:

 

 

 

December 31,

 

 

 

2015

 

 

2014

 

 

2013

 

Beginning balance

 

 

718,892

 

 

 

626,812

 

 

 

587,629

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Granted - Performance

 

 

185,050

 

 

 

228,607

 

 

 

114,463

 

Granted - Non Performance

 

 

32,158

 

 

 

59,523

 

 

 

155,463

 

Total Granted

 

 

217,208

 

 

 

288,130

 

 

 

269,926

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Vested - Performance Earned

 

 

 

 

 

 

 

 

(15,714

)

Vested - Performance Unearned

 

 

(68,080

)

 

 

(93,453

)

 

 

(57,585

)

Vested - Non Performance

 

 

(135,600

)

 

 

(90,263

)

 

 

(60,183

)

Total Vested

 

 

(203,680

)

 

 

(183,716

)

 

 

(133,482

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Forfeited

 

 

(35,905

)

 

 

(12,334

)

 

 

(97,261

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance

 

 

696,515

 

 

 

718,892

 

 

 

626,812

 

 

Stock Options Outstanding

Stock options outstanding as of December 31, 2015, 2014 and 2013 are as follows:

 

 

 

December 31,

 

 

 

2015

 

 

2014

 

 

2013

 

 

 

 

 

 

 

Average

 

 

 

 

 

 

Average

 

 

 

 

 

 

Average

 

 

 

# of Shares

 

 

Exercise Price

 

 

# of Shares

 

 

Exercise Price

 

 

# of Shares

 

 

Exercise Price

 

Beginning balance

 

 

1,500

 

 

$

36.03

 

 

 

6,750

 

 

$

30.65

 

 

 

90,250

 

 

$

29.94

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

(1,500

)

 

$

36.03

 

 

 

(5,250

)

 

$

29.11

 

 

 

(83,500

)

 

$

29.88

 

Expired or forfeited

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance

 

 

 

 

$

 

 

 

1,500

 

 

$

36.03

 

 

 

6,750

 

 

$

30.65

 

Number of options exercisable

 

 

 

 

$

 

 

 

1,500

 

 

$

36.03

 

 

 

6,750

 

 

$

30.65