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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2014
Shareholders' Equity  
Schedule of outstanding awards issued pursuant to plans

 

 

 

 

 

 

 

 

 

 

 

 

    

 

    

 

    

 

    

Remaining

 

 

 

 

 

 

 

 

shares of

 

 

 

 

 

 

 

 

common stock

 

 

Restricted

 

 

 

SSAR

 

available for

Plan name

 

Stock

 

RSUs

 

Awards

 

future issuance

2006 Plan (1)

 

1,496 

 

785 

 

232 

 

3,263 

 

As of December 31, 2014, unvested restricted stock will vest between February 2015 and May 2019, unvested RSUs will vest between March 2015 and May 2019 and the outstanding SSAR Awards will expire between May 2015 and May 2018. RSUs granted to non‑employee directors under the 2006 Plan prior to 2011 remain outstanding until the date the non‑employee director ceases, for any reason, to be a member of the Board of Directors.

Schedule of unvested restricted stock outstanding

 

 

 

 

 

 

 

 

 

 

 

Unvested Restricted Stock Outstanding

 

    

 

    

 

 

    

 

 

    

Weighted

 

 

 

 

Weighted

 

 

 

 

Average

 

 

 

 

Average

 

 

 

 

Remaining

 

 

Unvested

 

Grant-date

 

 

Aggregate

 

Vesting

 

 

Restricted

 

Fair Value

 

 

Intrinsic

 

Term

 

 

Stock

 

Price

 

 

Value

 

(in Years)

As of December 31, 2011

 

446 

 

$

34.07 

 

$

18,707 

 

2.2 

Granted

 

798 

 

 

40.19 

 

 

 

 

 

Vested

 

(128)

 

 

26.26 

 

 

 

 

 

Forfeited

 

(16)

 

 

37.24 

 

 

 

 

 

As of December 31, 2012

 

1,100 

 

 

39.38 

 

 

45,295 

 

3.4 

Granted

 

342 

 

 

41.83 

 

 

 

 

 

Vested

 

(43)

 

 

37.00 

 

 

 

 

 

Forfeited

 

(25)

 

 

38.89 

 

 

 

 

 

As of December 31, 2013

 

1,374 

 

 

40.07 

 

 

59,307 

 

2.7 

Granted

 

308 

 

 

44.18 

 

 

 

 

 

Vested

 

(160)

 

 

38 

 

 

 

 

 

Forfeited

 

(26)

 

 

39.58 

 

 

 

 

 

As of December 31, 2014

 

1,496 

 

$

41.18 

 

$

70,212 

 

2.1 

 

Schedule of RSUs

 

 

 

 

 

 

 

 

 

 

 

RSUs Outstanding

 

    

 

    

 

 

    

 

 

    

Weighted

 

 

 

 

 

 

 

 

 

 

Average

 

 

 

 

Weighted

 

 

 

 

Remaining

 

 

 

 

Average

 

 

Aggregate

 

Contractual

 

 

 

 

Grant-date

 

 

Intrinsic

 

Life

 

 

RSUs

 

Fair Value

 

 

Value

 

(in Years)

As of December 31, 2011

 

901 

 

$

25.59 

 

$

37,373 

 

1.7 

Granted

 

369 

 

 

40.98 

 

 

 

 

 

Issued

 

(275)

 

 

16.12 

 

 

 

 

 

Forfeited

 

(14)

 

 

30.74 

 

 

 

 

 

As of December 31, 2012

 

981 

 

 

34.06 

 

 

39,888 

 

1.5 

Granted

 

98 

 

 

40.59 

 

 

 

 

 

Issued

 

(287)

 

 

32.00 

 

 

 

 

 

Forfeited

 

(45)

 

 

35.92 

 

 

 

 

 

As of December 31, 2013

 

747 

 

 

35.61 

 

 

31,775 

 

1.3 

Granted

 

310 

 

 

44.34 

 

 

 

 

 

Issued

 

(238)

 

 

36.67 

 

 

 

 

 

Forfeited

 

(34)

 

 

40.25 

 

 

 

 

 

As of December 31, 2014

 

785 

 

$

38.55 

 

$

36,872 

 

1.5 

 

Schedule of outstanding and exercisable SSAR Awards

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SSAR Awards Outstanding

 

SSAR Awards Exercisable

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

Average

 

 

 

 

 

 

 

Average

 

 

 

 

Weighted

 

 

 

Remaining

 

 

 

Weighted

 

 

 

Remaining

 

 

 

 

Average

 

Aggregate

 

Contractual

 

 

 

Average

 

Aggregate

 

Contractual

 

 

SSAR

 

Exercise

 

Intrinsic

 

Life

 

SSAR

 

Exercise

 

Intrinsic

 

Life

 

    

Awards

    

Price

    

Value

    

(in Years)

    

Awards

    

Price

    

Value

    

(in Years)

As of December 31, 2011

 

517 

 

$

15.06 

 

$

13,921 

 

1.4 

 

410 

 

$

15.39 

 

$

10,895 

 

1.4 

Exercised

 

(95)

 

 

16.76 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2012

 

422 

 

 

15.30 

 

 

10,927 

 

0.6 

 

322 

 

 

16.02 

 

 

8,108 

 

0.7 

Granted

 

218 

 

 

41.42 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

(366)

 

 

14.07 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Forfeited

 

(2)

 

 

37.34 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2013

 

272 

 

 

37.69 

 

 

1,594 

 

3.6 

 

56 

 

 

23.25 

 

 

1,124 

 

1.0 

Exercised

 

(36)

 

 

22.26 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Forfeited

 

(4)

 

 

40.91 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2014

 

232 

 

$

40.06 

 

$

1,595 

 

3.0 

 

54 

 

$

35.81 

 

$

600 

 

2.2 

 

Schedule of unrecognized compensation cost

 

 

 

 

Year Ended December 31,

    

    

 

2015

 

$

14,438 

2016

 

 

10,133 

2017

 

 

2,889 

2018

 

 

2,575 

2019

 

 

561 

 

 

$

30,596 

 

Schedule of components of other comprehensive income and accumulated other comprehensive loss

 

 

 

 

 

 

 

 

 

 

 

    

Foreign

    

 

 

    

Accumulated

 

 

Currency

 

 

 

 

Other

 

 

Translation

 

Cash

 

Comprehensive

 

 

Adjustments

 

Flow Hedges

 

Loss

Balance as of December 31, 2012

 

$

(16,130)

 

$

112 

 

$

(16,018)

Other comprehensive loss

 

 

(13,189)

 

 

(112)

 

 

(13,301)

Balance as of December 31, 2013

 

 

(29,319)

 

 

 —

 

 

(29,319)

Other comprehensive loss

 

 

(30,896)

 

 

 —

 

 

(30,896)

Balance as of December 31, 2014

 

$

(60,215)

 

$

 —

 

$

(60,215)