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Stock Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2015
Stock Compensation Plans [Line Items]  
Schedule of stock-based compensation costs
Stock-based compensation costs for the years ended December 31, 2015, 2014 and 2013, are as follows:
 
 
Year Ended December 31,
In thousands
 
2015
 
2014
 
2013
Stock-based compensation expensed
 
 
 
 
 
 
General and administrative expenses
 
$
27,995

 
$
27,789

 
$
30,429

Lease operating expenses
 
2,609

 
2,724

 
2,574

Total stock-based compensation expensed
 
30,604

 
30,513

 
33,003

Stock-based compensation capitalized
 
8,681

 
9,019

 
9,088

Total cost of stock-based compensation arrangements
 
$
39,285

 
$
39,532

 
$
42,091

 
 
 
 
 
 
 
Income tax benefit recognized for stock-based compensation arrangements
 
$
11,630

 
$
11,595

 
$
12,541

Schedule of SARs valuation assumptions
 
 
Year Ended December 31,
 
 
2015
 
2014
 
2013
Weighted average fair value of SARs granted
 
$
1.77

 
$
3.55

 
$
6.72

Risk-free interest rate
 
1.29
%
 
1.31
%
 
0.67
%
Expected life
 
4.0 years

 
3.8 to 4.0 years

 
3.6 to 4.8 years

Expected volatility
 
39.4
%
 
38.0
%
 
50.4
%
Dividend yield
 
3.42
%
 
3.10
%
 
%
  
Summary of stock option and SARs activity
The following is a summary of our stock option and SAR activity:
 
 
Number
of Awards
 
Weighted
Average
Exercise Price
 
Weighted Average Remaining Contractual Life
(in years)
 
Aggregate Intrinsic Value
(in thousands)
Outstanding at December 31, 2014
 
7,468,733

 
$
16.90

 
 
 
 
Granted
 
3,509,159

 
7.30

 
 
 
 
Exercised
 
(74,660
)
 
7.58

 
 
 
 
Forfeited
 
(599,256
)
 
9.74

 
 
 
 
Expired
 
(1,400,462
)
 
16.37

 
 
 
 
Outstanding at December 31, 2015
 
8,903,514

 
13.76

 
3.3
 
$

 
 
 
 
 
 
 
 
 
Exercisable at end of period
 
5,214,820

 
$
17.40

 
1.5
 
$

Disclosure of intrinsic value of stock options exercised and grant-date fair value of awards vested
The following is a summary of the total intrinsic value of stock options and SARs exercised and grant-date fair value of stock options and SARs vested:
 
 
Year Ended December 31,
In thousands
 
2015
 
2014
 
2013
Intrinsic value of stock options and SARs exercised
 
$
60

 
$
7,985

 
$
17,287

Grant-date fair value of stock options and SARs vested
 
6,534

 
9,998

 
12,852

Summary of cash received from stock option exercises
The following is a summary of cash received from stock option exercises under share-based payment arrangements and tax benefits realized from the exercises of stock options and SARs:
 
 
Year Ended December 31,
In thousands
 
2015
 
2014
 
2013
Cash received from stock option exercises
 
$
562

 
$
7,022

 
$
5,487

Tax benefit realized for the exercises of stock options and SARs
 

 
212

 
437

Restricted Stock [Member]  
Stock Compensation Plans [Line Items]  
Summary of the total vesting date fair value of non-performance-based restricted stock and performance-based awards
The following is a summary of the total vesting date fair value of non-performance-based restricted stock:
 
 
Year Ended December 31,
In thousands
 
2015
 
2014
 
2013
Fair value of restricted stock vested
 
$
12,549

 
$
24,780

 
$
21,529

Summary of non-performance-based restricted stock activity
A summary of the status of our nonvested non-performance-based restricted stock grants issued, and the changes during the year ended December 31, 2015, is presented below:
 
 
Number
of Shares
 
Weighted
Average
Grant-Date
Fair Value
Nonvested at December 31, 2014
 
3,739,034

 
$
16.17

Granted
 
4,441,936

 
6.73

Vested
 
(1,718,669
)
 
16.67

Forfeited
 
(872,614
)
 
11.30

Nonvested at December 31, 2015
 
5,589,687

 
9.27

Performance equity awards [Member]  
Stock Compensation Plans [Line Items]  
Schedule of nonvested performance-based Units Activity
A summary of the status of the nonvested performance-based equity awards (presented at the target level) during the year ended December 31, 2015, is as follows:
 
 
Performance-Based
Operational Awards
 
Performance-Based
TSR Awards
 
 
Number
of Awards
 
Weighted
Average
Grant-Date Fair Value
 
Number
of Awards
 
Weighted
Average
Grant-Date Fair Value
Nonvested at December 31, 2014
 
451,398

 
$
16.65

 
533,611

 
$
20.66

Granted (1)
 
519,279

 
7.31

 
519,279

 
7.59

Vested (2)
 
(280,575
)
 
7.73

 
(82,213
)
 
7.29

Forfeited
 
(130,842
)
 
10.79

 
(202,122
)
 
14.98

Nonvested at December 31, 2015
 
559,260

 
13.82

 
768,555

 
14.75


(1)
Amounts granted reflect the number of performance units granted. The actual payout of the shares may be between 0% and 200% of the performance units granted.
(2)
During 2015, the service period lapsed on these performance unit awards. The lapsed units earned a weighted average of 135% and 50% of target for each vested performance-based operational and TSR award, respectively, representing 413,232 aggregate shares of common stock issued.

Performance-based TSR Awards [Member]  
Stock Compensation Plans [Line Items]  
Summary of Performance-Based TSR Awards Valuation Assumptions
The range of assumptions used in the Monte Carlo simulation valuation approach for Performance-Based TSR Awards (presented at the target level) are as follows:
 
 
Year Ended December 31,
 
 
2015
 
2014
 
2013
Weighted average fair value of Performance-Based TSR Awards granted
 
$
7.59

 
$
19.81

 
$
20.08

Risk-free interest rate
 
0.96
%
 
0.80
%
 
0.41
%
Expected life
 
3.0 years

 
3.0 years

 
3.0 years

Expected volatility
 
33.6
%
 
39.4
%
 
42.3
%
Dividend yield
 
3.42
%
 
2.50
%
 
%
Performance-based Operational Award [Member]  
Stock Compensation Plans [Line Items]  
Summary of the total vesting date fair value of non-performance-based restricted stock and performance-based awards
The following is a summary of the total vesting date fair value of performance-based equity awards:
 
 
Year Ended December 31,
In thousands
 
2015
 
2014
 
2013
Vesting date fair value of Performance-Based Operational Awards
 
$
2,861

 
$

 
$
2,541

Vesting date fair value of Performance-Based TSR Awards
 
300