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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2013
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Performance Share Units

The following table summarizes PSUs held by the Company’s officers at March 31, 2013:

 

     PSUs      Weighted Average
Grant Date Fair Value
per Unit
 

Non-vested PSUs at December 31, 2012

     155,220       $ 26.22   

Granted

     135,620       $ 42.01   

Vested

     —        

Forfeited

     —        
  

 

 

    

 

 

 

Non-vested PSUs at March 31, 2013

     290,840       $ 33.58   
  

 

 

    

 

 

 
Summary of Assumptions

The following assumptions were used for the Monte Carlo models to determine the grant date fair value and associated stock-based compensation expense of the PSUs granted:

 

     2013 Grants     2012 Grants  

Forecast period (years)

     4.00        4.01   

Risk-free rate

     0.65     0.46

Oasis volatility

     47.48     51.00