XML 49 R35.htm IDEA: XBRL DOCUMENT v2.4.1.9
Stock-Based Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2014
Stock-Based Compensation  
Schedule of unvested restricted stock unit activity
The following table summarizes the Company’s unvested restricted stock unit activity for the year ended December 31, 2014:
 

Shares
(in thousands)
 
Weighted-
Average
Price
 
Aggregate
Intrinsic
Value *
(in thousands)
Unvested Restricted Stock Units (RSUs)
 
 
Outstanding at January 1, 2014
448

 
$
32.48

 
$
16,447

Awarded
343

 
30.98

 
 

Vested
(284
)
 
32.06

 
 

Forfeited
(3
)
 
31.68

 
 

Outstanding at December 31, 2014
504

 
$
31.67

 
$
17,423

Outstanding and expected to vest at December 31, 2014
492

 
$
31.68

 
$
15,582


*  The intrinsic value is calculated using the closing price per share of $34.60 as reported by the New York Stock Exchange on December 31, 2014.
Non-Qualified Stock Options  
Stock-Based Compensation  
Summary of stock option activity
The following table summarizes the Company’s stock option activity for the year ended December 31, 2014:
 

Shares
(in thousands)
 
Weighted-
Average
Exercise
Price
 
Weighted-
Average
Remaining
Contractual
Life
 
Aggregate
Intrinsic
Value*
(in thousands)
Non-Qualified Stock Options
 
 
 
Outstanding at January 1, 2014
1,021

 
$
29.35

 
4.0
 
$
7,404

Exercised
(161
)
 
$
28.54

 
 
 
 

Forfeited
(5
)
 
$
32.92

 
 
 
 
Outstanding at December 31, 2014
855

 
$
29.48

 
3.1
 
$
4,381

Outstanding and expected to vest at December 31, 2014
847

 
$
29.48

 
3.1
 
$
4,341

Exercisable at December 31, 2014
756

 
$
29.45

 
3.0
 
$
3,889

 * The intrinsic value represents the amount by which the fair market value of the underlying common stock exceeds the exercise price of the option, using the closing price per share of $34.60 as reported by the New York Stock Exchange on December 31, 2014.
Unvested Stock Options  
Stock-Based Compensation  
Summary of stock option activity
A summary of the status of unvested stock options as of December 31, 2014, and changes during the year ended December 31, 2014, is presented below: 

Shares
(in thousands)
 
Weighted-
Average
Grant-Date
Fair Value
Unvested Options
 
Unvested at January 1, 2014
448

 
$
10.31

Vested
(348
)
 
$
10.31

Forfeited
(1
)
 
$
10.33

Unvested at December 31, 2014
99

 
$
10.33