XML 43 R33.htm IDEA: XBRL DOCUMENT v3.10.0.1
Stock-based Compensation (Tables)
9 Months Ended
Sep. 30, 2018
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Stock Option Activity

Stock option activity from January 1, 2018 to September 30, 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

 

Expired

 

(496,000

)

 

$

29.01

 

Outstanding at September 30, 2018

 

5,501,150

 

 

$

19.63

 

Exercisable at September 30, 2018

 

5,291,863

 

 

$

19.67

 

 

Restricted Stock Activity

Restricted stock activity from January 1, 2018 to September 30, 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

 

(1,021,465

)

 

$

21.46

 

Forfeited

 

(6,053

)

 

$

21.56

 

Non-vested restricted stock outstanding at September 30, 2018

 

502,820

 

 

$

21.31

 

 

Restricted Stock Unit Activity

Restricted stock unit activity from January 1, 2018 to September 30, 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

 

2,081,065

 

 

$

18.95

 

Vested

 

(415,333

)

 

$

19.58

 

Forfeited

 

(95,567

)

 

$

19.52

 

Non-vested restricted stock units outstanding at September 30, 2018

 

2,907,438

 

 

$

19.23

 

 

Performance Units

The total target number of shares with respect to the Performance Units for the awards granted in 2014-2018 is set forth below:

 

 

2018

 

 

2017

 

 

2016

 

 

2015

 

 

2014

 

 

Performance

 

 

Performance

 

 

Performance

 

 

Performance

 

 

Performance

 

 

Unit Awards

 

 

Unit Awards

 

 

Unit Awards

 

 

Unit Awards

 

 

Unit Awards

 

Target number of shares

 

310,700

 

 

 

186,198

 

 

 

185,000

 

 

 

190,600

 

 

 

154,000

 

 

Fair Value of Performance Units

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

 

 

2018

 

 

2017

 

 

2016

 

 

2015

 

 

2014

 

 

Performance

 

 

Performance

 

 

Performance

 

 

Performance

 

 

Performance

 

 

Unit Awards

 

 

Unit Awards

 

 

Unit Awards

 

 

Unit Awards

 

 

Unit Awards

 

Fair value at date of grant

$

8,004

 

 

$

5,780

 

 

$

3,854

 

 

$

4,052

 

 

$

5,388

 

 

Compensation Expense Associated with Performance Units

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

 

 

2018

 

 

2017

 

 

2016

 

 

2015

 

 

2014

 

 

Performance

 

 

Performance

 

 

Performance

 

 

Performance

 

 

Performance

 

 

Unit Awards

 

 

Unit Awards

 

 

Unit Awards

 

 

Unit Awards

 

 

Unit Awards

 

Three months ended September 30, 2018

$

667

 

 

$

482

 

 

$

321

 

 

NA

 

 

NA

 

Three months ended September 30, 2017

NA

 

 

$

482

 

 

$

321

 

 

$

338

 

 

NA

 

Nine months ended September 30, 2018

$

1,334

 

 

$

1,445

 

 

$

963

 

 

$

338

 

 

NA

 

Nine months ended September 30, 2017

NA

 

 

$

803

 

 

$

963

 

 

$

1,013

 

 

$

449