XML 56 R39.htm IDEA: XBRL DOCUMENT v3.3.1.900
Equity Compensation Plans and Share-Based Compensation (Tables)
 12 Months Ended
Dec. 31, 2015
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

Stock options outstanding as of December 31, 2015 are as follows (in thousands, except exercise price and life):

 
 
 
 
 
 
Weighted-Average
 
Currently
Exercise Price
 
Options
 
Remaining Life
 
Exercisable
 
$
24.57

 
 
 
13

 
 
1.3
 
 
13

 
 
$
38.00

 
 
 
40

 
 
5.9
 
 
—

 
 
$
40.00

 
 
 
50

 
 
5.0
 
 
—

 
 
 
 
 
 
103

 
 
4.9
 
 
13

 
Schedule of Stock Options Activity
A summary of stock option activity for the years ended December 31, 2015, 2014 and 2013, is as follows (in thousands, except exercise price):
 
2015
 
2014
 
2013
 
 
 
Weighted-
 
 
 
Weighted-
 
 
 
Weighted-
 
 
 
Average
 
 
 
Average
 
 
 
Average
 
Underlying
 
Exercise
 
Underlying
 
Exercise
 
Underlying
 
Exercise
 
Shares
 
Price
 
Shares
 
Price
 
Shares
 
Price
Outstanding at beginning of year
758

 
$
20.67

 
1,052

 
$
19.90

 
1,635

 
$
18.51

Granted
—

 
—

 
—

 
—

 
—

 
—

Exercised
(655
)
 
18.06

 
(294
)
 
17.93

 
(573
)
 
16.12

Canceled or forfeited
—

 
—

 
—

 
—

 
(10
)
 
10.00

Outstanding at end of year
103

 
37.34

 
758

 
20.67

 
1,052

 
19.90

 
 
 
 
 
 
 
 
 
 
 
 
Exercisable at end of year
13

 
24.57

 
663

 
18.14

 
953

 
18.05
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,
 
2015
 
2014
 
2013
Gross compensation costs:
 
 
 
 
 
Stock options
$
149

 
$
153

 
$
158

Nonvested stock
280

 
1,826

 
395

Total gross compensation costs
429

 
1,979

 
553

 
 
 
 
 
 
Income tax benefits:
 
 
 
 
 
Stock options
(52
)
 
(54
)
 
(55
)
Nonvested stock
(98
)
 
(639
)
 
(138
)
Total income tax benefits
(150
)
 
(693
)
 
(193
)
 
 
 
 
 
 
Net compensation expense
$
279

 
$
1,286

 
$
360

 
 
 
 
 
 
Tax benefit realized from stock options exercised during the year
$
5,126

 
$
4,141

 
$
7,805
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 2015, 2014 and 2013 (in thousands, except fair value amounts):
 
2015
 
2014
 
2013
 
 
 
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
87

 
$
48.99

 
117

 
$
39.91

 
153

 
$
39.24

Granted
45

 
47.08

 
47

 
51.08

 
1

 
51.70

Vested
(5
)
 
43.26

 
(37
)
 
46.48

 
(8
)
 
32.97

Canceled or forfeited
(48
)
 
49.26

 
(40
)
 
42.14

 
(29
)
 
39.49

Outstanding at end of year
79

 
48.10

 
87

 
48.99

 
117

 
39.91