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Stock-Based Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2014
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of Non-Vested Restricted Stock Activity

The following table summarizes the non-vested restricted stock activity for the year ended December 31, 2014:

 

 

 

 

Weighted

 

 

 

 

Average

 

 

 

 

Grant Date

 

Non-vested restricted stock

Shares

 

Fair Value

 

 

 

 

 

 

 

Non-vested January 1, 2014

761,702

 

$

33.09

 

Granted

293,910

 

$

39.66

 

Vested

(236,015)

 

$

32.01

 

Forfeited

(90,927)

 

$

35.39

 

Non-vested at December 31, 2014

728,670

 

$

35.81

 

 

Schedule of Restricted Stock Granted

The following table summarizes the restricted stock granted during the respective years:

 

 

 

 

 

Restricted stock grants

2014

 

 

2013

 

 

2012

 

 

 

 

 

 

 

 

 

 

 

 

 

Employees

 

273,910

 

 

 

280,900

 

 

 

276,017

 

Outside directors

 

20,000

 

 

 

20,000

 

 

 

20,000

 

Total

 

293,910

 

 

 

300,900

 

 

 

296,017

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average grant date fair value

$

39.66

 

 

$

34.64

 

 

$

32.62

 

 

 

 

 

 

 

 

 

 

 

 

 

Vesting period

3-5 years

 

 

3-5 years

 

 

3-5 years