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EMPLOYEE STOCK COMPENSATION (Tables) | 6 Months Ended
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Jun. 30, 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 June 30, 2016:
| June 30, 2016
| Unrecognized Expense |  | Average Expected Recognition Period
| ($ in thousands)
Stock option awards | $ | 1,832 |  |  | 3.9 years
Restricted stock awards and restricted stock units | 16,362 |  |  | 2.5 years
Stock appreciation rights | 6 |  |  | 0.9 years
Total | $ | 18,200 |  |  | 2.7 years
Option Activity | The following table represents stock option activity as of and for the three months ended June 30, 2016:
| Three Months Ended June 30, 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 | 1,010,879 |  |  | $ | 13.05 |  |  | 7.1 years |  | $ | 1,973 |
Granted | 240,000 |  |  | $ | 17.50 |  |  | 9.8 years |  |  |
Cash settled | (55,826 | ) |  | $ | 14.33 |  |  | 2.3 years |  |
Forfeited | (83,743 | ) |  | $ | 14.33 |  |  | 2.3 years |  |  |
Expired | (2,053 | ) |  | $ | 13.88 |  |  | 0.0 years |  |
Outstanding at end of period | 1,109,257 |  |  | $ | 13.84 |  |  | 8.3 years |  | $ | 4,714 |
Exercisable at end of period | 466,979 |  |  | $ | 12.57 |  |  | 6.6 years |  | $ | 2,582 |
The following table represents stock option activity as of and for the six months ended June 30, 2016:
| Six Months Ended June 30,
| 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 | 320,000 |  |  | $ | 16.78 |  |  | 9.7 years |  |  |
Cash settled | (55,826 | ) |  | $ | 14.33 |  |  | 2.3 years |  |
Forfeited | (113,743 | ) |  | $ | 13.55 |  |  | 3.4 years |  |  |
Expired | (2,053 | ) |  | $ | 13.88 |  |  | 0.0 years |  |
Outstanding at end of period | 1,109,257 |  |  | $ | 13.84 |  |  | 8.3 years |  | $ | 4,714 |
Exercisable at end of period | 466,979 |  |  | $ | 12.57 |  |  | 6.6 years |  | $ | 2,582 |
Nonvested Share | The following table represents changes in unvested stock options as of and for the three and six months ended June 30, 2016:
| Three Months Ended |  | Six Months Ended
| June 30, 2016 |  | June 30, 2016
| Number of Shares |  | Weighted- Average Exercise Price per Share |  | Number of Shares |  | Weighted- Average Exercise Price per Share
Outstanding at beginning of period | 600,016 |  |  | $ | 13.29 |  |  | 566,266 |  |  | $ | 12.99 |
Granted | 240,000 |  |  | $ | 17.50 |  |  | 320,000 |  |  | $ | 16.78 |
Vested | (113,995 | ) |  | $ | 13.00 |  |  | (130,245 | ) |  | $ | 12.95 |
Forfeited | (83,743 | ) |  | $ | 14.33 |  |  | (113,743 | ) |  | $ | 13.55 |
Outstanding at end of period | 642,278 |  |  | $ | 14.78 |  |  | 642,278 |  |  | $ | 14.78 |
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 and six months ended June 30, 2016:
| Three Months Ended |  | Six Months Ended
| June 30, 2016 |  | June 30, 2016
| Number of Shares |  | Weighted Average Grant Date Fair Value Per Share |  | Number of Shares |  | Weighted Average Grant Date Fair Value Per Share
Outstanding at beginning of period | 1,940,788 |  |  | $ | 12.94 |  |  | 1,516,361 |  |  | $ | 12.40 |
Granted (1) | 761,976 |  |  | $ | 18.77 |  |  | 1,491,563 |  |  | $ | 18.01 |
Vested | (445,090 | ) |  | $ | 12.65 |  |  | (588,898 | ) |  | $ | 13.07 |
Forfeited (1) | (743,043 | ) |  | $ | 13.05 |  |  | (904,395 | ) |  | $ | 13.26 |
Outstanding at end of period | 1,514,631 |  |  | $ | 15.47 |  |  | 1,514,631 |  |  | $ | 15.47 |
(1) | The number of granted shares includes aggregate performance-based shares of 50,000 and 602,671 for the three and six months ended June 30, 2016. The number of forfeited shares includes aggregate performance-based shares of 615,223 for each of the three and six months ended June 30, 2016. The grant date fair value of the performance-based shares are not considered for the weighted average grant date fair value 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 June 30, 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 | 1,559,459 |  |  | $ | 11.60 |  |  | 6.6 years |  | $ | 9,198 |
Granted | — |  |  | $ | — |  |  | 0.0 years |  |  |
Exercised | — |  |  | $ | — |  |  | 0.0 years |  |  |
Forfeited | (219 | ) |  | $ | 10.09 |  |  | 6.4 years |  |  |
Outstanding at end of period | 1,559,240 |  |  | $ | 11.60 |  |  | 6.4 years |  | $ | 10,132 |
Exercisable at end of period | 1,549,874 |  |  | $ | 11.61 |  |  | 6.4 years |  | $ | 10,057 |
The following table represents SARs activity as of and for the six months ended June 30, 2016:
| Six Months Ended June 30,
| 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 | (2,441 | ) |  | $ | 10.09 |  |  | 6.4 years |  |  |
Outstanding at end of period | 1,559,240 |  |  | $ | 11.60 |  |  | 6.4 years |  | $ | 10,132 |
Exercisable at end of period | 1,549,874 |  |  | $ | 11.61 |  |  | 6.4 years |  | $ | 10,057 |
The following table represents changes in unvested SARs as of and for the three and six months ended June 30, 2016:
| Three Months Ended |  | Six Months Ended
| June 30, 2016 |  | June 30, 2016
| Number of Shares |  | Weighted- Average Exercise Price per Share |  | Number of Shares |  | Weighted- Average Exercise Price per Share
Outstanding at beginning of period | 10,839 |  |  | $ | 10.09 |  |  | 25,963 |  |  | $ | 10.09 |
Granted | — |  |  | $ | — |  |  | — |  |  | $ | — |
Vested | (1,254 | ) |  | $ | 10.09 |  |  | (14,156 | ) |  | $ | 10.09 |
Forfeited | (219 | ) |  | $ | 10.09 |  |  | (2,441 | ) |  | $ | 10.09 |
Outstanding at end of period | 9,366 |  |  | $ | 10.09 |  |  | 9,366 |  |  | $ | 10.09 |

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