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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2016
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, 2016, 2015 and 2014, and changes during the years ended on those dates, are presented in the following table:

 

 

 

December 31,

 

 

 

2016

 

 

2015

 

 

2014

 

Beginning balance

 

 

1,393,030

 

 

 

1,437,784

 

 

 

1,253,624

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Granted - Performance

 

 

404,946

 

 

 

370,100

 

 

 

457,214

 

Granted - Non Performance

 

 

84,000

 

 

 

64,316

 

 

 

119,046

 

Total Granted

 

 

488,946

 

 

 

434,416

 

 

 

576,260

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Vested - Performance

 

 

(285,208

)

 

 

(136,160

)

 

 

(186,906

)

Vested - Non Performance

 

 

(55,000

)

 

 

(271,200

)

 

 

(180,526

)

Total Vested

 

 

(340,208

)

 

 

(407,360

)

 

 

(367,432

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Forfeited

 

 

(167,604

)

 

 

(71,810

)

 

 

(24,668

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance

 

 

1,374,164

 

 

 

1,393,030

 

 

 

1,437,784

 

 

Stock Options Outstanding

Stock options outstanding as of December 31, 2016, 2015 and 2014 are as follows:

 

 

 

December 31,

 

 

 

2016 (1)

 

 

2015

 

 

2014

 

 

 

 

 

 

 

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

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

 

 

$

 

 

 

(1,500

)

 

$

36.03

 

 

 

(5,250

)

 

$

29.11

 

Expired or forfeited

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance

 

 

 

 

$

 

 

 

 

 

$

 

 

 

1,500

 

 

$

36.03

 

Number of options exercisable

 

 

 

 

$

 

 

 

 

 

$

 

 

 

1,500

 

 

$

36.03

 

(1) – Our company has not recently issued stock options and does not currently have any options outstanding.