Stock Based Compensation (Tables)

12 Months Ended

Dec. 31, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Weighted Average Assumptions Relevant to Determining the Fair Value at the Dates of Grant

The weighted average assumptions relevant to determining the fair value at the dates of grant are below:

	2015			2014			2013
Term		6 years			6 years			6 years
Risk free interest rate		1.43	%		1.75	%		0.87	%
Dividend yield		1.11	%		1.43	%		0.00	%
Expected volatility		59.22	%		56.75	%		57.00	%
Expected forfeiture rate		3.00	%		3.00	%		3.00	%

Reconciliation of Option Activity

The following table provides a reconciliation of option activity for the year ended December 31, 2015:

Options	Shares (000’s)			Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term		Aggregate Intrinsic Value ($000)
Outstanding at January 1, 2015		1,175		$	11.40
Granted		55		$	25.16
Exercised		179		$	11.42
Forfeited or expired		(17	)	$	13.44
Outstanding at December 31, 2015		1,034		$	12.09		5.8	$	4,867	(1)
Exercisable at December 31, 2015		832		$	10.94		5.2	$	556	(1)

⁽¹⁾  The intrinsic value is the amount by which the market price of our stock was greater than the exercise price of any individual option grant at December 31, 2015.

Schedule of Performance Based Awards Goals with Respect to TSR and ROIC

The following table establish the goals with respect to TSR and ROIC:

TSR:

Threshold Performance (50% of Shares)	Target Performance (100% of Shares)	Maximum Performance (150% of Shares)
35th Percentile	50th Percentile	75th Percentile

ROIC:

Threshold Performance (35% of Shares)			Target Performance (100% of Shares)			Maximum Performance (150% of Shares)
	11	%		12.5	%		14	%