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Stock-Based Compensation Plans
3 Months Ended
Mar. 31, 2014
Stock-Based Compensation Plans [Abstract]  
Stock-Based Compensation Plans

13.         STOCK-BASED COMPENSATION PLANS

 

Stock-based compensation expense consists of the following:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(In millions)

 

For the Three Months Ended March 31,

 

 

2014

 

2013

Restricted stock

 

$

0.9 

 

$

0.6 

Restricted stock units

 

 

3.5 

 

 

0.9 

Total

 

$

4.4 

 

$

1.5 

 

A summary of the restricted stock unit activity is presented below:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in millions)

 

Number of Restricted Stock Units

 

Weighted Average Grant-Date Fair Value Per Share

Outstanding as of January 1, 2014

 

 

1,099,157 

 

$

48.23 

Granted

 

 

71,900 

 

 

130.16 

Converted

 

 

(300,875)

 

 

26.53 

Outstanding as of March 31, 2014

 

 

870,182 

 

$

62.50