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Stock-Based Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2015
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, 2015:

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

Average

 

 

 

 

 

 

Grant Date

 

Non-vested restricted stock

Shares

 

 

Fair Value

 

 

 

 

 

 

 

 

 

Non-vested January 1, 2015

 

728,670

 

 

$

35.81

 

Granted

 

338,531

 

 

$

37.60

 

Vested

(232,466)

 

 

$

34.49

 

Forfeited

(138,638)

 

 

$

36.33

 

Non-vested at December 31, 2015

 

696,097

 

 

$

37.02

 

 

Schedule of Restricted Stock Granted

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

 

Restricted stock grants

2015

 

 

2014

 

 

2013

 

 

 

 

 

 

 

 

 

 

 

 

 

Employees

 

316,531

 

 

 

273,910

 

 

 

280,900

 

Outside directors

 

22,000

 

 

 

20,000

 

 

 

20,000

 

Total

 

338,531

 

 

 

293,910

 

 

 

300,900

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average grant date fair value

$

37.60

 

 

$

39.66

 

 

$

34.64

 

 

 

 

 

 

 

 

 

 

 

 

 

Vesting period

3-5 years

 

 

3-5 years

 

 

3-5 years