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Equity Compensation Plans (Tables)

12 Months Ended

Dec. 31, 2014

The unamortized compensation cost of awards issued under the Incentive Plan and purchases under the Employee Stock Purchase Plan totaled $20 million at December 31, 2014, as shown in the following table.


	Years Ended December 31, 2014
(In Thousands)	Stock Options		Restricted Stock			Deferred Stock Units			Performance Stock Units			Employee Stock Purchase Plan			Total
Unrecognized compensation cost at beginning of period	$	—	$	1,869		$	13,044		$	5,817		$	—		$	20,730
Equity grants		—		107			5,305			4,025			215			9,652
Equity grant forfeitures		—		(213	)		(150	)		.			—			(363	)
Equity compensation expense		—		(672	)		(5,895	)		(2,968	)		(215	)		(9,750	)

Unrecognized Compensation Cost at End of Period	$	—	$	1,091		$	12,304		$	6,874		$	—		$	20,269

Stock Options Activity

The following table summarizes the activity related to stock options for the years ended December 31, 2014, 2013, and 2012.

Stock Options Activity


	Years Ended December 31,
	2014					2013					2012
	Shares			Weighted Average Exercise Price		Shares			Weighted Average Exercise Price		Shares			Weighted Average Exercise Price
Outstanding at beginning of period		79,535		$	57.00		287,516		$	54.18		380,779		$	53.91
Granted		—			—		—			—		—			—
Exercised		—			—		—			—		—			—
Forfeited		—			—		(3,016	)		50.15		(4,500	)		49.73
Expired		(79,535	)		57.00		(204,965	)		53.15		(88,763	)		53.23

Outstanding at End of Period		—		$	—		79,535		$	57.00		287,516		$	54.18

Exercisable at End of Period		—		$	—		79,535		$	57.00		287,516		$	54.18

Restricted Stock Outstanding

The following table summarizes the activity related to restricted stock for the years ended December 31, 2014, 2013, and 2012.

Restricted Stock Activity


	Years Ended December 31,
	2014					2013					2012
	Shares			Weighted Average Grant Date Fair Market Value		Shares			Weighted Average Grant Date Fair Market Value		Shares			Weighted Average Grant Date Fair Market Value
Outstanding at beginning of period		166,941		$	15.01		190,088		$	13.12		184,409		$	12.87
Granted		2,574			19.42		52,103			18.71		43,111			16.47
Vested		(44,209	)		13.44		(48,615	)		12.63		(32,812	)		16.17
Forfeited		(15,842	)		13.45		(26,635	)		13.14		(4,620	)		12.57

Outstanding at End of Period		109,464		$	15.97		166,941		$	15.01		190,088		$	13.12

Deferred Stock Units Activity

The following table summarizes the activity related to DSUs for the years ended December 31, 2014, 2013, and 2012.

Deferred Stock Units Activity


	Years Ended December 31,
	2014					2013					2012
	Units			Weighted Average Grant Date Fair Market Value		Units			Weighted Average Grant Date Fair Market Value		Units			Weighted Average Grant Date Fair Market Value
Outstanding at beginning of period		2,266,473		$	15.41		2,361,285		$	14.46		2,476,171		$	15.23
Granted		350,769			19.62		552,250			19.31		503,174			15.17
Distributions		(440,548	)		14.82		(558,008	)		15.51		(520,909	)		19.10
Forfeitures		(7,870	)		19.06		(89,054	)		11.18		(97,151	)		12.98

Balance at End of Period ⁽¹⁾		2,168,824		$	16.20		2,266,473		$	15.41		2,361,285		$	14.46

(1)	PSU activity, including the number of PSUs outstanding, granted, distributed, and forfeited is not included in this table and is described below under the heading “Performance Stock Units”.

Summary of Activity Related to ESPP

The following table summarizes the activity related to the ESPP for the years ended December 31, 2014, 2013, and 2012.

Employee Stock Purchase Plan Activity


	Years Ended December 31,
(In Thousands)	2014			2013			2012
Balance at beginning of period	$	3		$	3		$	8
Employee purchases		494			518			474
Cost of common stock issued		(494	)		(518	)		(479	)

Balance at End of Period	$	3		$	3		$	3

Summary of Activity Related to Executive Deferred Compensation Plan

The following table summarizes the cash account activity related to the EDCP for the years ended December 31, 2014, 2013, and 2012.

EDCP Cash Accounts Activity


	Years Ended December 31,
(In Thousands)	2014			2013			2012
Balance at beginning of period	$	1,882		$	1,516		$	1,494
New deferrals		575			656			839
Accrued interest		70			58			44
Withdrawals		(478	)		(348	)		(861	)

Balance at End of Period	$	2,049		$	1,882		$	1,516

- Definition

Tabular disclosure of an equity-based arrangement (such as stock or unit options and stock or unit awards) with an individual employee, which is generally an employment contract between the entity and a selected officer or key employee containing a promise by the employer to pay certain equity-based awards at future dates, sometimes including a period after retirement, upon compliance with stipulated requirements. This type of arrangement is distinguished from broader based employee benefit plans as it is usually tailored to the employee. Disclosure also typically includes the amount of related compensation expense recognized during the reporting period, the number of shares or units issued during the period under such arrangements, and the carrying amount as of the balance sheet date of the related liability.

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