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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summarizes Information Related to Restricted Stock
The following table summarizes information related to restricted stock held by the Company’s employees and directors for the periods presented:
 
 
Shares
 
Weighted Average
Grant Date
Fair Value per Share
Non-vested shares outstanding December 31, 2011
391,278

 
$
25.40

Granted
753,285

 
29.66

Vested
(396,073
)
 
26.04

Forfeited
(48,066
)
 
31.15

Non-vested shares outstanding December 31, 2012
700,424

 
29.22

Granted
594,895

 
38.64

Vested
(160,219
)
 
27.66

Forfeited
(144,628
)
 
28.99

Non-vested shares outstanding December 31, 2013
990,472

 
$
28.20

Summarizes Information Related to Performance Share Units
The following table summarizes information related to PSUs held by the Company’s officers for the periods presented:
 
 
Initial Unit Awards
 
Weighted Average
Grant Date
Fair Value per
Unit
Non-vested PSUs at December 31, 2011

 
$

Granted
155,220

 
26.22

Vested

 

Forfeited

 

Non-vested PSUs at December 31, 2012
155,220

 
26.22

Granted
135,620

 
42.01

Vested

 

Forfeited
(21,540
)
 
32.89

Non-vested PSUs at December 31, 2013
269,300

 
$
33.64

Summary of Assumptions
The following assumptions were used for the Monte Carlo model to determine the grant date fair value and associated stock-based compensation expense of the PSUs granted:
 
 
2013 PSUs
 
2012 PSUs
Forecast period (years)
4.00

 
4.01

Risk-free rate
0.65
%
 
0.46
%
Oasis volatility
47.48
%
 
51.00
%