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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Restricted Stock Unit Awards

The activity related to our Company’s restricted stock unit awards was as follows:

 

 

 

Year Ended December 31, 2017

 

 

 

Number of Awards

 

 

Weighted Average Grant Date Fair Value (1)

 

Nonvested at the beginning of the year

 

 

197,422

 

 

$

37.24

 

Granted

 

 

35,297

 

 

$

56.05

 

Vested

 

 

(59,930

)

 

$

36.21

 

Forfeited

 

 

(13,250

)

 

$

39.41

 

Nonvested at the end of the year

 

 

159,539

 

 

$

41.60

 

 

(1) Fair value is based on the closing price of our common shares on the NASDAQ on the grant date.

Performance-based Equity Awards

The activity related to our Company’s performance-based equity awards was as follows:

 

 

 

Year Ended December 31, 2017

 

 

 

Number of Awards

 

 

Weighted Average Grant Date Fair Value (1)

 

Nonvested at the beginning of the year

 

 

1,176,742

 

 

$

35.85

 

Granted

 

 

253,333

 

 

$

55.70

 

Performance Adjustment

 

 

83,071

 

 

$

30.49

 

Vested

 

 

(520,285

)

 

$

30.38

 

Forfeited

 

 

(26,500

)

 

$

41.60

 

Nonvested at the end of the year

 

 

966,361

 

 

$

43.39

 

(1) Fair value is based on the closing price of our common shares on the NASDAQ on the grant date.