Stock Based Compensation (Tables)

12 Months Ended

Dec. 31, 2016

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:

	2016			2015			2014
Term		6 years			6 years			6 years
Risk free interest rate		1.43	%		1.43	%		1.75	%
Dividend yield		2.48	%		1.11	%		1.43	%
Expected volatility		59.23	%		59.22	%		56.75	%
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, 2016:

Options	Shares (000)			Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (years)		Aggregate Intrinsic Value
Outstanding at January 1, 2016		1,034		$	12.09
Granted		167		$	11.31
Exercised		(270	)	$	10.49
Forfeited or expired		(34	)	$	17.52
Outstanding at December 31, 2016		897		$	12.22		5.9		6,479	(1)
Exercisable at December 31, 2016		686		$	11.59		4.9		5,267	(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, 2016.

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	%