XML 51 R41.htm IDEA: XBRL DOCUMENT
v3.4.0.3

EMPLOYEE STOCK COMPENSATION (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Unrecognized Share-Based Compensation Expense | The following table presents unrecognized share-based compensation expense as of March 31, 2016:
| March 31, 2016
| Unrecognized Expense |  | Average Expected Recognition Period
| ($ in thousands)
Stock option awards | $ | 1,436 |  |  | 3.3 years
Restricted stock awards and restricted stock units | 13,833 |  |  | 3.7 years
Stock appreciation rights | 9 |  |  | 1.1 years
Total | $ | 15,278 |  |  | 3.7 years
Option Activity | The following table represents stock option activity as of and for the three months ended March 31, 2016:
| Three Months Ended March 31, 2016
| Number of Shares |  | Weighted- Average Exercise Price per Share |  | Weighted- Average Remaining Contract Term |  | Aggregated Intrinsic Value (In thousands)
Outstanding at beginning of period | 960,879 |  |  | $ | 12.86 |  |  | 6.9 years |  | $ | 796 |
Granted | 80,000 |  |  | $ | 14.62 |  |  | 9.8 years |  |  |
Exercised | — |  |  | $ | — |  |  | 0.0 years |  |  |
Forfeited | (30,000 | ) |  | $ | 11.36 |  |  | 6.7 years |  |  |
Outstanding at end of period | 1,010,879 |  |  | $ | 13.05 |  |  | 7.1 years |  | $ | 1,973 |
Exercisable at end of period | 410,863 |  |  | $ | 12.70 |  |  | 5.9 years |  | $ | 1,973 |
Nonvested Share | The following table represents changes in unvested stock options as of and for the three months ended March 31, 2016:
| Three Months Ended
| March 31, 2016
| Number of Shares |  | Weighted- Average Exercise Price per Share
Outstanding at beginning of period | 566,266 |  |  | $ | 12.99 |
Granted | 80,000 |  |  | $ | 14.62 |
Vested | (16,250 | ) |  | $ | 12.61 |
Forfeited | (30,000 | ) |  | $ | 11.36 |
Outstanding at end of period | 600,016 |  |  | $ | 13.29 |
Restricted Stock and Restricted Stock Units Activity | The following table represents unvested restricted stock awards and restricted stock units activity as of and for the three months ended March 31, 2016:
| Three Months Ended
| March 31, 2016
| Number of Shares |  | Weighted- Average Price per Share
Outstanding at beginning of period | 1,516,361 |  |  | $ | 12.40 |
Granted (1) | 729,587 |  |  | $ | 14.62 |
Vested | (143,808 | ) |  | $ | 15.17 |
Forfeited | (161,352 | ) |  | $ | 13.42 |
Outstanding at end of period | 1,940,788 |  |  | $ | 12.94 |
(1) | Aggregate performance-based shares of 672,757 are included in the number of granted shares, but not considered in the weighted average exercise price per share. These awards are linked to certain performance conditions relating to profitability and regulatory standing and actual amounts of stock released upon vesting will be determined by the Compensation, Nominating, and Corporate Governance Committee upon the Committee's certification of the satisfaction of the target level of performance.
Summary of all Outstanding SARs | The following table represents SARs activity as of and for the three months ended March 31, 2016:
| Three Months Ended March 31, 2016
| Number of Shares |  | Weighted- Average Exercise Price per Share |  | Weighted- Average Remaining Contract Term |  | Aggregated Intrinsic Value (In thousands)
Outstanding at beginning of period | 1,561,681 |  |  | $ | 11.60 |  |  | 6.6 years |  | $ | 4,716 |
Granted | — |  |  | $ | — |  |  | 0.0 years |  | $ | — |
Exercised | — |  |  | $ | — |  |  | 0.0 years |  | $ | — |
Forfeited | (2,222 | ) |  | $ | 10.09 |  |  | 6.4 years |  | $ | — |
Outstanding at end of period | 1,559,459 |  |  | $ | 11.60 |  |  | 6.4 years |  | $ | 9,198 |
Exercisable at end of period | 1,548,620 |  |  | $ | 11.61 |  |  | 6.4 years |  | $ | 9,117 |
The following table represents changes in unvested SARs as of and for the three months ended March 31, 2016:
| Three Months Ended
| March 31, 2016
| Number of Shares |  | Weighted- Average Exercise Price per Share
Outstanding at beginning of period | 25,963 |  |  | $ | 10.09 |
Granted | — |  |  | $ | — |
Vested | (12,902 | ) |  | $ | 10.09 |
Forfeited | (2,222 | ) |  | $ | 10.09 |
Outstanding at end of period | 10,839 |  |  | $ | 10.09 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested shares. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfNonvestedShareActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for stock appreciation rights awards that were outstanding at the beginning and end of the year, and the number of stock appreciation rights awards that were granted, exercised or converted, forfeited, and expired during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockAppreciationRightsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. + References No definition available. + Details
Name: | us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the total compensation cost related to nonvested awards not yet recognized and the weighted-average period over which it is expected to be recognized. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (i) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfUnrecognizedCompensationCostNonvestedAwardsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration