XML 44 R47.htm IDEA: XBRL DOCUMENT v2.4.1.9
Capital Stock and Share Based Compensation Plans (Tables)
 12 Months Ended
Dec. 31, 2014
Equity [Abstract]  
Schedule of options outstanding and exercisable

Information about options outstanding and options exercisable by year of grant is as follows:
 
 
 
 
 
 
Options Outstanding and Exercisable
Year of Grant
 
Range of Exercise Prices
 
Average Remaining Term (in years)
 
Options on Shares Outstanding
 
Weighted Average Exercise Price
 
Aggregate Intrinsic Value (in millions)
 
 
 
 
 
 
 
 
 
 
 
2005 – expire in 2015
 
$10-11
 
0.28
 
33,799

 
$
10.89

 
$
0.4

2006 – expire in 2016
 
10
 
1.34
 
42,250

 
9.96

 
0.5

2007 – expire in 2015
 
9-10
 
0.18
 
190,679

 
10.15

 
2.3

2008 – expire in 2016
 
7-10
 
1.26
 
1,437,148

 
8.68

 
19.7

Total
 
$7-11
 
1.12
 
1,703,876

 
$
8.92

 
$
22.9

The following table summarizes information about stock option transactions:
 
 
Number
of Shares
 
Weighted-
Average
Exercise Price
 
Range of
Exercise
Prices
 
 
 
 
 
 
 
Outstanding at December 31, 2011
 
10,094,622

 
$
9.62

 
$7-11
Exercised in 2012
 
(2,046,309
)
 
9.03

 
8-10
Forfeited in 2012
 
(36,933
)
 
9.12

 
8-11
Outstanding at December 31, 2012
 
8,011,380

 
9.77

 
7-11
Exercised in 2013
 
(4,635,148
)
 
10.00

 
7-11
Forfeited in 2013
 
(6,184
)
 
10.23

 
9-11
Outstanding at December 31, 2013
 
3,370,048

 
9.46

 
7-11
Exercised in 2014
 
(1,662,055
)
 
10.01

 
9-11
Forfeited in 2014
 
(4,117
)
 
10.45

 
10-11
Outstanding at December 31, 2014
 
1,703,876

 
8.92

 
7-11
Schedule of cash proceeds received from exercises of stock options
The following table presents additional information about exercises of stock options:
 
 
For the years ended December 31,
(in thousands)
 
2014
 
2013
 
2012
 
 
 
 
 
 
 
Cash received upon exercise
 
$
16,579

 
$
46,624

 
$
18,215

Intrinsic value (market value on date of exercise less exercise price)
 
16,036

 
18,468

 
2,378

Tax benefits realized (1)
 
6,013

 
6,926

 
892

(1) Benefits for 2013 to be recognized in future years when realizable.
Restricted stock and restricted stock unit vesting activity
Information and activity for our restricted stock and RSUs is presented below:
 
 
 
 
Grant Date Fair Value
 
 
Number
of Shares
 
Weighted
Average
 
Range of
Prices
 
 
 
 
 
 
 
Unvested at December 31, 2011
 
3,982,532

 
$
3.53

 
$1-11
Awarded in 2012
 
877,349

 
9.77

 
8-11
Vested in 2012
 
(2,506,232
)
 
2.68

 
9-11
Forfeited in 2012
 
(24,247
)
 
8.19

 
1-10
Unvested at December 31, 2012
 
2,329,402

 
6.75

 
1-11
Awarded in 2013
 
757,229

 
11.71

 
11-20
Vested in 2013
 
(1,452,719
)
 
5.01

 
1-12
Forfeited in 2013
 
(47,071
)
 
10.35

 
9-12
Unvested at December 31, 2013
 
1,586,841

 
10.59

 
7-20
Awarded in 2014
 
567,695

 
16.52

 
16-22
Vested in 2014
 
(704,528
)
 
10.40

 
7-20
Forfeited in 2014
 
(225,487
)
 
11.75

 
9-18
Unvested at December 31, 2014
 
1,224,521

 
13.24

 
7-22
Additional information about restricted stock and restricted stock unit vesting
The following table presents additional information about restricted stock and restricted stock unit vesting:
 
 
For the years ended December 31,
(in thousands)
 
2014
 
2013
 
2012
 
 
 
 
 
 
 
Fair value of shares and units vested
 
$
12,906

 
$
16,565

 
$
23,326

Tax benefits realized on vesting (1)
 
4,840

 
6,212

 
8,747


(1) Benefits for 2013 to be recognized in future years when realizable.
Schedule of stock compensation costs
Share-based compensation costs were as follows:
 
 
For the years ended December 31,
(in thousands)
 
2014
 
2013
 
2012
 
 
 
 
 
 
 
RSUs
 
$
7,631

 
$
6,078

 
$
7,549

Share-based compensation, net of tax
 
4,769

 
3,799

 
4,718