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Employer Share Plans (Tables)
3 Months Ended
Mar. 31, 2014
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of Share-Based Compensation Awards

Compensation expense for stock-based awards recognized during the three months ended March 31, 2014 and 2013 was as follows (in thousands):

 

     Three Months Ended
March 31,
 
     2014      2013  

Stock options

   $ 649       $ 719   

Restricted stock awards

     741         717   
  

 

 

    

 

 

 

Total stock-based compensation expense

   $ 1,390       $ 1,436   
  

 

 

    

 

 

 
Stock Award Activity

Stock award activity during the three months ended March 31, 2014 was as follows (in thousands, except per share data):

 

     Stock
Options
     Restricted Stock
Awards
 
     Number
of
Options
    Weighted
Average
Exercise
Price Per
Share
     Number
of
Shares
    Weighted
Average
Grant-
Date Fair

Value (1)
 

Outstanding at beginning of year

     6,035      $ 6.88         1,083      $ 6.48   

Granted

     —          —           84      $ 8.86   

Exercised or released

     (757   $ 7.88         (77   $ 6.32   

Expired or canceled

     (13   $ 6.81         —          —     
  

 

 

      

 

 

   

Outstanding at March 31, 2014

     5,265      $ 6.74         1,090      $ 6.67   
  

 

 

      

 

 

   

Exercisable at March 31, 2014

     1,936      $ 7.12        
  

 

 

        

 

(1) Represents weighted average market value of the shares; awards are granted at no cost to the recipients.