XML 35 R28.htm IDEA: XBRL DOCUMENT v2.4.1.9
Employer Share Plans (Tables)
3 Months Ended
Mar. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-Based Compensation Awards

Compensation expense for stock-based awards recognized during the three months ended March 31, 2015 and 2014 was as follows (in thousands):

 

     Three Months Ended
March 31,
 
     2015      2014  

Stock options

   $ 841       $ 649   

Restricted stock awards

     781         741   
  

 

 

    

 

 

 

Total stock-based compensation expense

$ 1,622    $ 1,390   
  

 

 

    

 

 

 
Stock Award Activity

Stock award activity during the three months ended March 31, 2015 was as follows (in thousands, except per share data):

 

     Stock
Options
     Restricted Stock
Awards
 
     Number
of
Options
     Weighted
Average
Exercise
Price Per
Share
     Number
of
Shares
     Weighted
Average
Grant-Date
Fair

Value (1)
 

Outstanding at beginning of year

     5,602       $ 7.06         1,039       $ 7.30   

Granted

     100       $ 8.48         94       $ 8.48   

Exercised or released

     (291    $ 7.31         (72    $ 7.44   

Expired or canceled

     (36    $ 6.81         (3    $ 6.36   
  

 

 

       

 

 

    

Outstanding at March 31, 2015

  5,375    $ 7.07      1,058    $ 7.40   
  

 

 

       

 

 

    

Exercisable at March 31, 2015

  2,266    $ 6.85   
  

 

 

          

 

(1) Represents weighted average market value of the shares; awards are granted at no cost to the recipients.