STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2016

Summary of Activity in Stock Option Awards

A summary of the activity in the stock option awards for the last three years is presented below.

	2016					2015					2014
	Shares			Weighted Average Exercise Price		Shares			Weighted Average Exercise Price		Shares			Weighted Average Exercise Price
Outstanding at beginning of year		5,779,597		$	4.53		8,602,626		$	4.53		22,702,534		$	4.48
Granted		—			—		—			—		—			—
Forfeited		(108,818	)		5.04		(574,967	)		9.29		(1,323,664	)		10.46
Exercised		(1,614,243	)		1.89		(2,248,062	)		3.34		(12,776,244	)		3.83
Outstanding at end of year		4,056,536		$	5.56		5,779,597		$	4.53		8,602,626		$	4.53

Summary of Information About Stock Options Outstanding and Exercisable

The following table summarizes information about stock options outstanding and exercisable at December 31, 2016.

	Options Outstanding						Options Exercisable
Range of Exercise Prices	Number Outstanding		Weighted Average Remaining Contractual Life (in years)		Weighted Average Exercise Price		Number Exercisable		Weighted Average Remaining Contractual Life (in years)		Weighted Average Exercise Price
$0.83—$3.00		183,862		1.71		1.64		183,862		1.71		1.64
3.01—5.12		569,901		1.02		4.34		569,901		1.02		4.34
5.13		183,993		0.43		5.13		183,993		0.43		5.13
5.14—8.00		2,806,280		5.05		5.64		2,806,280		5.05		5.64
8.01—11.27		312,500		0.18		9.64		312,500		0.18		9.64
$0.83—$11.27		4,056,536		3.76		5.56		4,056,536		3.76		5.56

Summary of Status of Company's Nonvested Shares

A summary of the status of the Company’s nonvested shares and changes during 2016, 2015 and 2014 is presented below.

	2016					2015					2014
	Shares			Weighted Average Grant- Date Price		Shares			Weighted Average Grant- Date Price		Shares			Weighted Average Grant- Date Price
Outstanding at beginning of year		9,588,889		$	6.07		10,708,372		$	4.65		10,207,546		$	4.76
Granted		10,099,481			3.53		2,886,640			9.43		5,809,821			4.33
Vested		(3,521,765	)		5.31		(3,370,569	)		4.46		(4,179,789	)		4.75
Forfeited		(3,418,814	)		4.51		(635,554	)		5.94		(1,129,206	)		3.65
Outstanding at end of year		12,747,791		$	4.41		9,588,889		$	6.07		10,708,372		$	4.65

Summary of Performance Based Long Term Incentive Program

A summary of the activity in the performance-based long-term incentive program since inception is presented below.

	2016					2015					2014
	Shares			Weighted Average Grant- Date Price		Shares			Weighted Average Grant- Date Price		Shares			Weighted Average Grant- Date Price
Outstanding at beginning of the year		8,589,114		$	5.95		6,808,964		$	4.43		3,076,292		$	4.45
Granted		9,635,184			3.37		2,745,303			9.45		5,289,047			4.55
Vested		(161,408	)		4.32		(283,244	)		3.98		(1,246,006	)		3.74
Forfeited		(4,320,506	)		5.69		(681,909	)		5.67		(310,369	)		4.16
Outstanding at end of the year		13,742,384			4.66		8,589,114		$	5.95		6,808,964		$	4.43