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SHARE-BASED COMPENSATION (Tables)
 12 Months Ended
Dec. 31, 2016
SHARE-BASED COMPENSATION  
Summary of the Company's restricted stock unit award program

 

 

 

 

 

    

Units

 

 

 

 

 

Outstanding – January 1, 2016

 
1,313,550

 

Granted

 
536,440

 

Vested

 
(236,105)

 

Forfeited

 
(136,348)

 

Outstanding – December 31, 2016

 
1,477,537

 

 

Schedule of restricted stock units granted during the year

The Compensation Committee of the Company’s Board of Directors granted restricted stock units under the 2005 Plan during the years ended December 31, 2016, 2015, and 2014 as follows:

 

k

 

 

 

 

 

 

 

 

 

 

 

Weighted-Average

 

 

 

 

 

Grant Date

 

 

    

Units

    

Fair Value

 

2016

 
536,440

 

$
15.89

 

2015

 
269,660

 

$
35.50

 

2014

 
232,450

 

$
40.19