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SHARE-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2013
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Stock Option Activity under Plan

A summary of stock option activity under the 2009 Plan during the year ended December 31, 2013 is as follows (amounts in table represent actual values except where indicated otherwise):

 

     Number
of
Options
    Wgtd.
Avg.

Exercise
Price
     Wgtd.
Avg.

Term
   Aggregate
Intrinsic
Value
(in thousands)
 

Options outstanding, beginning of period

     411,794      $ 39.04         

Granted

     —          —           

Exercised

     —          —           

Forfeited

     (15,250     42.45         

Expired

     (65,370     36.56         
  

 

 

         

Options outstanding, end of period

     331,174        39.37       2.2 years    $ 1,708   
  

 

 

         

Options exercisable, end of period

     318,279        40.62       2.1 years      1,373   
  

 

 

         

Options unvested, end of period

     12,895        8.64       5.0 years      335   
  

 

 

         

Exercise prices for stock options outstanding at December 31, 2013 range from $6.97 to $53.20.

A summary of stock option activity under the 2009 Plan during the year ended December 31, 2012 is as follows (amounts in table represent actual values except where indicated otherwise):

 

     Number
of
Options
    Wgtd.
Avg.

Exercise
Price
     Wgtd.
Avg.

Term
   Aggregate
Intrinsic
Value
(in thousands)
 

Options outstanding, beginning of period

     438,394      $ 38.76         

Granted

     —          —           

Exercised

     —          —           

Forfeited

     (4,200     35.54         

Expired

     (22,400     34.25         
  

 

 

         

Options outstanding, end of period

     411,794        39.04       2.8 years    $ 766   
  

 

 

         

Options exercisable, end of period

     378,004        41.00       2.5 years      459   
  

 

 

         

Options unvested, end of period

     33,790        17.17       5.4 years      307   
  

 

 

         

A summary of stock option activity under the 2009 Plan during the year ended December 31, 2011 is as follows (amounts in table represent actual values except where indicated otherwise):

 

     Number
of
Options
    Wgtd.
Avg.

Exercise
Price
     Wgtd.
Avg.

Term
   Aggregate
Intrinsic
Value
(in thousands)
 

Options outstanding, beginning of period

     484,694      $ 39.43         

Granted

     —          —           

Exercised

     —          —           

Forfeited

     (13,300     37.98         

Expired

     (33,000     48.85         
  

 

 

         

Options outstanding, end of period

     438,394        38.76       3.6 years    $ 1,143   
  

 

 

         

Options exercisable, end of period

     378,710        41.66       3.1 years      457   
  

 

 

         

Options unvested, end of period

     59,684        20.36       6.1 years      686   
  

 

 

         

 


Summary of Restricted Stock Activity Under Plan

A summary of the restricted stock activity under the 2009 Plan for the years ended December 31, 2013, 2012 and 2011 is as follows (amounts in table represent actual values):

 

     2013      2012      2011  
     Number of
Restricted
Shares
    Wgtd.
Avg.

Fair Value
Per Share
     Number of
Restricted
Shares
    Wgtd.
Avg.

Fair Value
Per Share
     Number of
Restricted
Shares
    Wgtd.
Avg.

Fair Value
Per Share
 

Restricted stock outstanding, beginning of period

     1,108,874      $ 27.56         923,740      $ 20.08         783,606      $ 17.24   

Issuances

     848,498        20.61         670,818        31.43         597,062        23.62   

Lapse of restrictions

     (534,041     25.45         (462,141     18.29         (419,543     19.91   

Forfeitures

     (165,278     26.43         (23,543     26.10         (37,385     18.92   
  

 

 

      

 

 

      

 

 

   

Restricted stock outstanding, end of period

     1,258,053      $ 23.92         1,108,874      $ 27.56         923,740      $ 20.08