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Share-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2016
Summary of RSUs Outstanding Under LTIP

A summary of the RSUs outstanding under the LTIP for the six months ended June 30, 2016 is as follows:

 

     Restricted Share Units  
     Performance             Total      Weighted-Average  
     and Service      Service      Restricted      Grant-Date  
     Required      Required      Share Units      Fair Value  

Nonvested as of January 1, 2016

     91,603         10,872         102,475       $ 53.88   

Granted

     79,241         9,901         89,142         33.73   

Vested

     0         0         0         0.00   

Forfeited

     0         0         0         0.00   
  

 

 

    

 

 

    

 

 

    

 

 

 

Nonvested as of June 30, 2016

     170,844         20,773         191,617       $ 44.51   
  

 

 

    

 

 

    

 

 

    

 

 

 
Long Term Incentive Plan [Member]  
Activity in Company's Plan

Activity in the Company’s LTIP plan for six months ended June 30, 2016 was as follows:

 

    Number of
Shares
    Weighted
Average
Exercise Price
per Share
    Weighted
Average
Remaining
Contractual
Term (Years)
    Aggregate
Intrinsic
Value
 

Outstanding at January 1, 2016

    56,250      $ 55.30       

Granted

    0      $ 0.00       

Exercised

    0      $ 0.00       

Forfeited

    (3,000   $ 71.62       
 

 

 

       

Outstanding (vested and expected to vest) at June 30, 2016

    53,250      $ 54.38        6.3      $ 5   
 

 

 

       

Exercisable at June 30, 2016

    30,500      $ 58.24        7      $ 0   
 

 

 

       
Stock Options [Member]  
Activity in Company's Plan

Activity in the Company’s 1999 Stock Option Plan for the six months ended June 30, 2016 was as follows:

 

     Number of
Shares
     Weighted
Average
Exercise Price
per Share
     Weighted
Average
Remaining
Contractual
Term (Years)
     Aggregate
Intrinsic
Value
 

Outstanding at January 1, 2016

     12,000       $ 41.44         

Granted

     0       $ 0.00         

Exercised

     0       $ 0.00         

Forfeited

     0       $ 0.00         
  

 

 

          

Outstanding (exercisable and vested) at June 30, 2016

     12,000       $ 41.44         1.3       $ 33