XML 55 R37.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Stockholders' Equity (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2016
Equity [Abstract] |
Cumulative Convertible Preferred Stock | The following table provides certain information for the convertible Series A preferred stock as of the dates presented (in thousands, except conversion factor):
|  | As of December 31, |
|  | 2016 |  |  | 2015 |
Shares issued and outstanding |  |  | 10 |  |  |  | 10 |
Conversion factor |  |  | 2.50 |  |  |  | 2.50 |
Common shares resulting if converted |  |  | 25 |  |  |  | 25 |
Activity Relating to Common Shares and Contingently Redeemable Common Shares | The following table summarizes the activity relating to shares of the Company’s Common Stock and Contingently Redeemable Common Stock during the periods presented (in thousands):
|  | Issued |  |  | Treasury |  |  | Outstanding |
|  | Shares |  |  | Shares |  |  | Shares |
Balance, as of December 31, 2013 |  |  | 43,641 |  |  |  | (8,275 | ) |  |  | 35,366 |
Conversion of preferred stock |  |  | 65 |  |  |  | — |  |  |  | 65 |
Shares repurchased |  |  | — |  |  |  | (2,392 | ) |  |  | (2,392 | )
Treasury shares reissued and classified as contingently redeemable common stock (1) |  |  | — |  |  |  | 1,000 |  |  |  | 1,000 |
Options exercised |  |  | 1,900 |  |  |  | — |  |  |  | 1,900 |
Restricted stock grant |  |  | 950 |  |  |  | — |  |  |  | 950 |
Shares acquired through cashless exercise (2) |  |  | — |  |  |  | (1,787 | ) |  |  | (1,787 | )
Shares cancelled |  |  | (1,787 | ) |  |  | 1,787 |  |  |  | — |
Balance, as of December 31, 2014 |  |  | 44,769 |  |  |  | (9,667 | ) |  |  | 35,102 |
Shares repurchased |  |  | — |  |  |  | (748 | ) |  |  | (748 | )
Options exercised |  |  | 751 |  |  |  | — |  |  |  | 751 |
Restricted stock grant |  |  | 615 |  |  |  | — |  |  |  | 615 |
Shares acquired through cashless exercise (2) |  |  | — |  |  |  | (610 | ) |  |  | (610 | )
Shares cancelled |  |  | (610 | ) |  |  | 610 |  |  |  | — |
Balance, as of December 31, 2015 |  |  | 45,525 |  |  |  | (10,415 | ) |  |  | 35,110 |
Shares repurchased |  |  | — |  |  |  | (441 | ) |  |  | (441 | )
Shares reissued |  |  | — |  |  |  | 584 |  |  |  | 584 |
Options exercised |  |  | 124 |  |  |  | — |  |  |  | 124 |
Shares acquired through cashless exercise (2) |  |  | — |  |  |  | (325 | ) |  |  | (325 | )
Shares cancelled |  |  | (325 | ) |  |  | 325 |  |  |  | — |
Balance, as of December 31, 2016 |  |  | 45,324 |  |  |  | (10,272 | ) |  |  | 35,052 |
(1) | Privately negotiated transaction at $19.00 per share, subject to holding period restrictions as of December 31, 2014. Subsequent to December 31, 2014, such restrictions were removed and contingently redeemable common stock was reclassified to common stock.
(2) | All shares acquired represent shares tendered to cover the strike price for options and tax withholdings on the intrinsic value of options exercised or restricted stock (as defined in “—Note 9 (Share-Based Compensation)”) vested. These shares have been cancelled by the Company.
Summary of Dividends Declared on its Outstanding Shares of Common Stock to its Shareholders | The Company declared dividends on its outstanding shares of common stock to its shareholders of record as follows for the periods presented (in thousands, except per share amounts):
|  | For the Years Ended December 31, |
|  | 2016 |  |  | 2015 |  |  | 2014 |
|  | Per Share |  |  | Aggregate |  |  | Per Share |  |  | Aggregate |  |  | Per Share |  |  | Aggregate |
|  | Amount |  |  | Amount |  |  | Amount |  |  | Amount |  |  | Amount |  |  | Amount |
First Quarter |  | $ | 0.14 |  |  | $ | 4,915 |  |  | $ | 0.12 |  |  | $ | 4,237 |  |  | $ | 0.10 |  |  | $ | 3,464 |
Second Quarter |  | $ | 0.14 |  |  | $ | 4,913 |  |  | $ | 0.12 |  |  | $ | 4,283 |  |  | $ | 0.10 |  |  | $ | 3,502 |
Third Quarter |  | $ | 0.14 |  |  |  | 4,903 |  |  | $ | 0.12 |  |  | $ | 4,275 |  |  | $ | 0.10 |  |  | $ | 3,429 |
Fourth Quarter |  | $ | 0.27 |  |  |  | 9,461 |  |  | $ | 0.27 |  |  | $ | 9,492 |  |  | $ | 0.25 |  |  | $ | 8,845 |

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the change in common stock outstanding. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCommonStockOutstandingRollForwardTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information related to converting stock into another financial instrument(s) in a noncash (or part noncash) transaction. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4304-108586 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4313-108586 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4332-108586 + Details
Name: | us-gaap_ScheduleOfConversionsOfStockTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of all or some of the information related to dividends declared, but not paid, as of the financial reporting date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4304-108586 + Details
Name: | us-gaap_ScheduleOfDividendsPayableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration