XML 43 R33.htm IDEA: XBRL DOCUMENT v3.8.0.1
Stock-based Compensation (Tables)
3 Months Ended
Mar. 31, 2018
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Stock Option Activity

Stock option activity from January 1, 2018 to March 31, 2018 follows:

 

 

 

 

 

Weighted

 

 

 

 

 

 

Average

 

 

Underlying

 

 

Exercise Price

 

 

Shares

 

 

Per Share

 

Outstanding at January 1, 2018

 

6,037,150

 

 

$

20.35

 

Exercised

 

(40,000

)

 

$

12.12

 

Outstanding at March 31, 2018

 

5,997,150

 

 

$

20.41

 

Exercisable at March 31, 2018

 

5,610,625

 

 

$

20.52

 

 

Restricted Stock Activity

Restricted stock activity from January 1, 2018 to March 31, 2018 follows:

 

 

 

 

 

Weighted

 

 

 

 

 

 

Average Grant

 

 

 

 

 

 

Date Fair Value

 

 

Shares

 

 

Per Share

 

Non-vested restricted stock outstanding at January 1, 2018

 

1,530,338

 

 

$

21.41

 

Vested

 

(72,087

)

 

$

22.79

 

Forfeited

 

(100

)

 

$

20.85

 

Non-vested restricted stock outstanding at March 31, 2018

 

1,458,151

 

 

$

21.34

 

 

Restricted Stock Unit Activity

Restricted stock unit activity from January 1, 2018 to March 31, 2018 follows:

 

 

 

 

 

Weighted

 

 

 

 

 

 

Average Grant

 

 

 

 

 

 

Date Fair Value

 

 

Shares

 

 

Per Share

 

Non-vested restricted stock units outstanding at January 1, 2018

 

1,337,273

 

 

$

19.80

 

Granted

 

397,340

 

 

$

18.44

 

Forfeited

 

(7,050

)

 

$

20.01

 

Non-vested restricted stock units outstanding at March 31, 2018

 

1,727,563

 

 

$

19.49

 

 

Performance Units

The total target number of shares with respect to the Performance Units for the awards granted in 2013-2017 is set forth below:

 

 

2017

 

 

2016

 

 

2015

 

 

2014

 

 

2013

 

 

Performance

 

 

Performance

 

 

Performance

 

 

Performance

 

 

Performance

 

 

Unit Awards

 

 

Unit Awards

 

 

Unit Awards

 

 

Unit Awards

 

 

Unit Awards

 

Target number of shares

 

186,198

 

 

 

185,000

 

 

 

190,600

 

 

 

154,000

 

 

 

236,500

 

 

Fair Value of Performance Units

The fair value of the Performance Units is set forth below (in thousands):

 

 

2017

 

 

2016

 

 

2015

 

 

2014

 

 

2013

 

 

Performance

 

 

Performance

 

 

Performance

 

 

Performance

 

 

Performance

 

 

Unit Awards

 

 

Unit Awards

 

 

Unit Awards

 

 

Unit Awards

 

 

Unit Awards

 

Fair value at date of grant

$

5,780

 

 

$

3,854

 

 

$

4,052

 

 

$

5,388

 

 

$

5,564

 

 

Compensation Expense Associated with Performance Units

Compensation expense associated with the Performance Units is shown below (in thousands):

 

 

2017

 

 

2016

 

 

2015

 

 

2014

 

 

2013

 

Performance

 

 

Performance

 

 

Performance

 

 

Performance

 

 

Performance

 

Unit Awards

 

 

Unit Awards

 

 

Unit Awards

 

 

Unit Awards

 

 

Unit Awards

Three months ended March 31, 2018

$

482

 

 

$

321

 

 

$

338

 

 

NA

 

 

NA

Three months ended March 31, 2017

NA

 

 

$

321

 

 

$

338

 

 

$

449

 

 

NA