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Common Shares And Stock-Based Awards Plans | 12 Months Ended
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Dec. 31, 2015
Stock-Based Compensation [Abstract] |
Stock-Based Compensation | Note 8—Common Shares and Stock-Based Awards Plans On both December 7, 2015 and December 4, 2014, the Board of Directors approved the repurchase of up to $100.0 million of the Company’s outstanding common shares. As of December 31, 2015, the Company had $100.0 million and $3 4.7 million, respectively, remaining under the program to repurchase additional shares. Share purchases may be made in the open market, in privately negotiated transactions or block transactions, at the discretion of the Company’s management and as market conditions warrant. Purchases will be funded from available cash and may be commenced, suspended or discontinued at any time without prior notice. Shares repurchased under the program will be retired. During 2015, the Company repurchased a total of 3.1 million common shares for $68.4 million at an average price of $22.27 per share. During 2014, the Company repurchased a total of 1.9 million common shares for $43.8 million at an average price of $23.51 per share. During 2013, the Company repurchased a total of 2.1 million common shares for $41.2 million at an average price of $19.65 per share. The Benchmark Electronics, Inc. 2000 Stock Awards Plan (the 2000 Plan) authorized, and the 2010 Plan authorizes, the C ompany, upon approval of the compensation committee of the Board of Directors, to grant a variety of awards, including stock options, restricted shares, restricted stock units, stock appreciation rights, performance compensation awards, phantom stock award s and deferred share units, or any combination thereof, to any director, officer, employee or consultant (including any prospective director, officer, employee or consultant) of the Company. Stock options are granted to employees with an exercise price equ al to the market price of the Company’s common shares on the date of grant, generally vest over a four-year period from the date of grant and have a term of ten years. Restricted shares and restricted stock units granted to employees generally vest over a four-year period from the date of grant, subject to the continued employment of the employee by the Company. The 2000 Plan expired in 2010, and no additional grants can be made under that plan. The 2010 Plan was approved by the Company’s shareholders in 20 10 and amended in 2014. Members of the Board of Directors who are not employees of the Company hold awards under the Benchmark Electronics, Inc. 2002 Stock Option Plan for Non-Employee Directors (the 2002 Plan) or the 2010 Plan. Stock options were granted pursuant to the 2002 Plan upon the occurrence of the non-employee director’s election or re-election to the Board of Directors. All awards under the 2002 Plan were fully vested upon the date of grant and have a term of ten years. The 2002 Plan was approved by the Company’s shareholders in 2002 and expired in 2012. No additional grants may be made under the 2002 Plan. Since 2011, awards under the 2010 Plan to non-employee directors have been in the form of restricted stock units, which vest in equal quarterl y installments over a one-year period, starting on the grant date. As of December 31, 2015, 3.7 million additional common shares were available for issuance under the Company’s 2010 Plan. The following table summarizes activities related to the Com pany’s stock options:
|  |  |  |  |  |  | Weighted- |  |  |
|  |  |  |  | Weighted- |  | Average |  |  |
|  |  |  |  | Average |  | Remaining |  |  | Aggregate
|  | Number of |  |  | Exercise |  | Contractual |  |  | Intrinsic
(in thousands, except per share data) |  | Options |  |  | Price |  | Term (Years) |  |  | Value
Outstanding as of December 31, 2012 |  | 4,240 |  | $ | 19.88 |  |  |  |  |
Granted |  | 348 |  |  | 17.37 |  |  |  |  |
Exercised |  | (713) |  |  | 15.72 |  |  |  |  |
Forfeited or expired |  | (791) |  |  | 22.88 |  |  |  |  |
Outstanding as of December 31, 2013 |  | 3,084 |  |  | 19.79 |  |  |  |  |
Granted |  | 378 |  |  | 22.94 |  |  |  |  |
Exercised |  | (940) |  |  | 20.06 |  |  |  |  |
Forfeited or expired |  | (85) |  |  | 22.61 |  |  |  |  |
Outstanding as of December 31, 2014 |  | 2,437 |  |  | 20.07 |  |  |  |  |
Granted |  | 289 |  |  | 23.14 |  |  |  |  |
Exercised |  | (114) |  |  | 17.39 |  |  |  |  |
Forfeited or expired |  | (32) |  |  | 23.40 |  |  |  |  |
Outstanding as of December 31, 2015 |  | 2,580 |  | $ | 20.49 |  | 4.65 |  | $ | 4,969
Exercisable as of December 31, 2015 |  | 1,802 |  | $ | 20.19 |  | 2.80 |  | $ | 4,078
The aggregate intrinsic value in the table above is before income taxes and is calculated as the difference between the exercise price of the underlying options and the Company’s closing stock price as of the last business day of 2015 for options that had exercise prices that were below the closing price. At December 31, 2015, 2014 and 2013, the number of options exercisable was 1.8 million, 1.6 million and 2.4 million, respectively, and the weighted-average exercise price o f those options was $20.19, $20.32 and $20.63, respectively. The following table summarizes the activities related to the Company’s restricted shares:
|  |  |  | Weighted-
|  |  |  | Average
|  | Number of |  | Grant Date
(in thousands, except per share data) |  | Shares |  | Fair Value
Non-vested shares outstanding as of December 31, 2012 |  | 340 | $ | 16.81
Vested |  | (106) |  | 17.42
Forfeited |  | (40) |  | 16.40
Non-vested shares outstanding as of December 31, 2013 |  | 194 |  | 16.56
Vested |  | (76) |  | 16.87
Forfeited |  | (9) |  | 16.85
Non-vested shares outstanding as of December 31, 2014 |  | 109 |  | 16.33
Vested |  | (70) |  | 16.84
Forfeited |  | (1) |  | 16.46
Non-vested shares outstanding as of December 31, 2015 |  | 38 | $ | 15.38
The following table summarizes the activities related to the Company’s time-based restrictive stock units:
|  |  |  | Weighted-
|  |  |  | Average
|  | Number of |  | Grant Date
(in thousands, except per share data) |  | Units |  | Fair Value
Non-vested awards outstanding as of December 31, 2012 |  | 103 | $ | 16.70
Granted |  | 277 |  | 17.66
Vested |  | (67) |  | 17.06
Forfeited |  | (10) |  | 17.36
Non-vested awards outstanding as of December 31, 2013 |  | 303 |  | 17.48
Granted |  | 246 |  | 22.92
Vested |  | (112) |  | 18.34
Forfeited |  | (25) |  | 19.99
Non-vested awards outstanding as of December 31, 2014 |  | 412 |  | 20.33
Granted |  | 228 |  | 23.06
Vested |  | (161) |  | 20.51
Forfeited |  | (12) |  | 21.03
Non-vested awards outstanding as of December 31, 2015 |  | 467 | $ | 21.59
The following table summarizes the activities related to the Company’s performance-based restricted stock units:
|  |  |  | Weighted-
|  |  |  | Average
|  | Number of |  | Grant Date
(in thousands, except per share data) |  | Units |  | Fair Value
Non-vested units outstanding as of December 31, 2012 |  | 164 | $ | 16.39
Granted(1) |  | 76 |  | 17.37
Forfeited |  | (25) |  | 16.03
Non-vested units outstanding as of December 31, 2013 |  | 215 |  | 16.78
Granted(1) |  | 88 |  | 22.92
Forfeited |  | (29) |  | 18.52
Non-vested units outstanding as of December 31, 2014 |  | 274 |  | 18.56
Granted(1) |  | 85 |  | 22.93
Forfeited |  | (53) |  | 18.57
Non-vested units outstanding as of December 31, 2015 |  | 306 | $ | 19.77
(1) Represents target number of units that can vest based on the achievement of the performance goals.

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- Definition The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 40 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6418621&loc=d3e17540-113929 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=51659978&loc=d3e25284-112666 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5444-113901 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 14 + Details
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