XML 34 R37.htm IDEA: XBRL DOCUMENT v2.4.1.9
Equity Compensation Plans and Share-Based Compensation (Tables)
 12 Months Ended
Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Share-based Compensation, Shares Authorized under Stock Option and Warrant Plans, by Exercise Price Range
options outstanding as of December 31, 2014 are as follows (in thousands, except exercise price and life):

Range of
 
 
 
Weighted-Average
 
Currently
Exercise Prices
 
Options
 
Remaining Life
 
Exercisable
$
15.00

-
$
19.99

 
 
510

 
 
1.0
 
 
510

 
$
20.00

-
$
24.99

 
 
158

 
 
0.3
 
 
153

 
$
38.00

-
$
40.00

 
 
90

 
 
6.4
 
 
—

 
 
 
 
 
 
758

 
 
1.5
 
 
663

 
Schedule of Stock Options Activity
A summary of stock option activity for the years ended December 31, 2014, 2013 and 2012, is as follows (in thousands, except exercise price):
 
2014
 
2013
 
2012
 
 
 
Weighted-
 
 
 
Weighted-
 
 
 
Weighted-
 
 
 
Average
 
 
 
Average
 
 
 
Average
 
Underlying
 
Exercise
 
Underlying
 
Exercise
 
Underlying
 
Exercise
 
Shares
 
Price
 
Shares
 
Price
 
Shares
 
Price
Outstanding at beginning of year
1,052

 
$
19.90

 
1,635

 
$
18.51

 
2,109

 
$
16.39

Granted
—

 
—

 
—

 
—

 
—

 
—

Exercised
(294
)
 
17.93

 
(573
)
 
16.12

 
(474
)
 
9.06

Canceled or forfeited
—

 
—

 
(10
)
 
10.00

 
—

 
—

Outstanding at end of year
758

 
20.67

 
1,052

 
19.90

 
1,635

 
18.51

 
 
 
 
 
 
 
 
 
 
 
 
Exercisable at end of year
663

 
18.14

 
953

 
18.05

 
1,512

 
17.35
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs
The Company’s net income includes the following compensation costs related to share-based compensation arrangements (in thousands):
 
Year Ended December 31,
 
2014
 
2013
 
2012
Gross compensation costs:
 
 
 
 
 
Stock options
$
153

 
$
158

 
$
134

Nonvested stock
1,826

 
395

 
1,166

Total gross compensation costs
1,979

 
553

 
1,300

 
 
 
 
 
 
Income tax benefits:
 
 
 
 
 
Stock options
(54
)
 
(55
)
 
(45
)
Nonvested stock
(639
)
 
(138
)
 
(217
)
Total income tax benefits
(693
)
 
(193
)
 
(262
)
 
 
 
 
 
 
Net compensation expense
$
1,286

 
$
360

 
$
1,038

 
 
 
 
 
 
Tax benefit realized from stock options exercised during the year
$
4,141

 
$
7,805

 
$
5,841
Nonvested stock  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Nonvested Stock Options Activity
The following table summarizes the nonvested common stock award activity during 2014, 2013 and 2012 (in thousands, except fair value amounts):
 
2014
 
2013
 
2012
 
 
 
Weighted-
 
 
 
Weighted-
 
 
 
Weighted-
 
 
 
Average
 
 
 
Average
 
 
 
Average
 
Underlying
 
Fair Value
 
Underlying
 
Fair Value
 
Underlying
 
Fair Value
 
Shares
 
of Grant
 
Shares
 
of Grant
 
Shares
 
of Grant
Outstanding at beginning of year
117

 
$
39.91

 
153

 
$
39.24

 
76

 
$
30.74

Granted
47

 
51.08

 
1

 
51.70

 
108

 
43.45

Vested
(37
)
 
46.48

 
(8
)
 
32.97

 
(31
)
 
33.04

Canceled or forfeited
(40
)
 
42.14

 
(29
)
 
39.49

 
—

 
—

Outstanding at end of year
87

 
48.99

 
117

 
39.91

 
153

 
39.24