Annual report pursuant to Section 13 and 15(d)

Stock-Based Compensation (Tables)

v3.6.0.2
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2016
Share-based Compensation [Abstract]  
Summary of Stock Option Activity
A summary of the status of stock options and related activity for the years ended December 31, 2016, 2015 and 2014 is presented below:
 
Shares
 
Weighted
Average
Exercise Price
per Share
 
Weighted
Average
Remaining
Contractual Term
 
Aggregate
Intrinsic
Value (In thousands)
Options outstanding at January 1, 2014
210,241

 
$
3.50

 
1.07

 
$
12,538

Granted

 

 
 
 
 
Exercised
(205,241
)
 
3.36

 
 
 
12,822

Forfeited/expired

 

 
 
 
 
Options outstanding at December 31, 2014
5,000

 
9.07

 
0.69

 
$
163

Granted

 

 
 
 
 
Exercised
(5,000
)
 
9.07

 
 
 
124

Forfeited/expired

 

 
 
 
 
Options outstanding at December 31, 2015

 

 

 
$

Granted

 

 
 
 
 
Exercised

 

 
 
 

Forfeited/expired

 

 
 
 
 
Options outstanding at December 31, 2016

 
$

 

 
$

Options exercisable at December 31, 2016

 
$

 

 
$

Summary of Restricted Stock Award and Unit Activity
The following table summarizes restricted stock activity for the twelve months ended December 31, 2016, 2015 and 2014: 
 
Number of
Unvested
Restricted Shares
 
Weighted
Average
Grant Date
Fair Value
Unvested shares as of January 1, 2014
463,637

 
$
44.80

Granted
246,409

 
65.07

Vested
(272,665
)
 
45.76

Forfeited
(50,136
)
 
53.72

Unvested shares as of December 31, 2014
387,245

 
$
55.87

Granted
352,605

 
$
35.99

Vested
(236,812
)
 
52.39

Forfeited
(18,799
)
 
45.21

Unvested shares as of December 31, 2015
484,239

 
$
43.51

Granted
451,241

 
$
27.78

Vested
(252,566
)
 
43.94

Forfeited
(69,858
)
 
33.43

Unvested shares as of December 31, 2016
613,056

 
$
32.90