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Stock Options and Restricted Stock (Tables)
12 Months Ended
Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock Options Outstanding

The following table summarizes information about the stock options outstanding under the 2005 Incentive Plan at December 31, 2012, 2013 and 2014:

 

              Shares             Weighted-
Average
Exercise
            Price             
  Weighted-
Average
Remaining
Contractual Life
            (in years)             
 

Outstanding at January 1, 2012

  919,348          10.37      5.5   

Granted

  —       —       —    

Exercised

  (86,800   9.00      —    

Canceled, forfeited, or expired

  —       —       —    
 

 

 

 

   

Outstanding at December 31, 2012

  832,548      10.51      4.6   
 

 

 

 

   

Exercisable at December 31, 2012

  779,948      10.08      4.4   
 

 

 

 

   

Outstanding at January 1, 2013

  832,548      10.51      4.6   

Granted

  —       —       —    

Exercised

  (256,300   9.00      —    

Canceled, forfeited, or expired

  —       —       —    
 

 

 

 

   

Outstanding at December 31, 2013

  576,248      11.12      3.8   
 

 

 

 

   

Exercisable at December 31, 2013

  557,448      10.91      3.7   
 

 

 

 

   

Outstanding at January 1, 2014

  576,248      11.12      3.8   

Granted

  —       —       —    

Exercised

  (294,165   9.09      —    

Canceled, forfeited, or expired

  —       —       —    
 

 

 

 

   

Outstanding at December 31, 2014

  282,083      11.30      3.6   
 

 

 

 

   

Exercisable at December 31, 2014

          282,083      11.30      3.6   
 

 

 

 

   

Weighted Average Grant Date Fair Values of Options Granted
  2014   2013 2012  
      (in thousands)    

Cash received from option exercises

 $         2,674     $             2,344     $             781   

Total tax benefits realized for tax deductions from options exercised

  2,797      2,002      405   

Total intrinsic value of options exercised

  9,145      6,654      1,468   

Grant date fair value of options vested

  144      226      310   

Aggregate intrinsic value of vested options outstanding

  8,763      17,467      13,393   

 

Restricted Stock Outstanding

The following table summarizes information about the restricted stock outstanding under the 2005 Incentive Plan at December 31, 2014:

 

          Shares         Weighted-Average
Grant-Date Fair
        Value per Share        
 

Nonvested balance at January 1, 2012

  —          —     

Granted

  8,000      27.47   

Vested

  —       —     

Forfeited

  —       —     
 

 

 

 

 

Nonvested balance at December 31, 2012

  8,000      27.47   
 

 

 

 

 

Granted

  —       —     

Vested

  (1,600   27.47   

Forfeited

  —       —     
 

 

 

 

 

Nonvested balance at December 31, 2013

  6,400      27.47   
 

 

 

 

 

Granted

  —       —     

Vested

  (800   27.35   

Forfeited

  (3,200   27.59   
 

 

 

 

 

Nonvested balance at December 31, 2014

          2,400      27.35   
 

 

 

 

 

 

          Shares         Weighted-Average
Grant-Date Fair
        Value per Share        
 

Nonvested balance at January 1, 2012

  9,513          22.06   

Granted

  7,833      26.79   

Vested

  (9,513   22.06   

Forfeited

  —       —    
 

 

 

 

 

Nonvested balance at December 31, 2012

  7,833      26.79   
 

 

 

 

 

Granted

  5,376      33.47   

Vested

  (7,833   26.79   

Forfeited

  —       —    
 

 

 

 

 

Nonvested balance at December 31, 2013

  5,376      33.47   
 

 

 

 

 

Granted

  5,229      37,27   

Vested

  (5,376   33.47   

Forfeited

  —       —    
 

 

 

 

 

Nonvested balance at December 31, 2014

          5,229      37.27   
 

 

 

 

 

 

  Shares Weighted-Average
Grant-Date Fair
Value per Share
 

Nonvested balance at January 1, 2012

  —       —    

Granted

  2,331      26.79   

Vested

  —       —    

Forfeited

  —       —    
  

 

 

 

 

Nonvested balance at December 31, 2012

  2,331      26.79   
  

 

 

 

 

Granted

  80,278      34.14   

Vested

  —       —    

Forfeited

  —       —    
  

 

 

 

 

Nonvested balance at December 31, 2013

  82,609      33.93   
  

 

 

 

 

Granted

  4,312      43.83   

Vested

  (14,000   33.58   

Forfeited

  —       —    
  

 

 

 

 

Nonvested balance at December 31, 2014

          72,921          34.59