XML 48 R33.htm IDEA: XBRL DOCUMENT v3.7.0.1

STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2016

Equity [Abstract]

Summary of Stock Option Activity

A summary of the Company’s stock option and SARs activities and related information for the year ended December 31, 2016, is as follows:

		Number of options and SAR units				Weighted average exercise price				Weighted average remaining contractual term				Aggregate intrinsic- value
Outstanding at the beginning of the year			2,406,455			$	18.15
Granted (1)			104,000				28.42
Exercised			(1,012,151	)			16.89
Forfeited or expired			(42,396	)			17.93
Outstanding at the end of the year (2)			1,455,908			$	19.76				4.7			$	20,077
Vested or expected to vest at the end of the year			1,422,492			$	19.78				4.7			$	19,587
Exercisable at the end of the year (3)			972,229			$	19.88				3.9			$	13,286

(1) In 2016, the Company granted 104,000 stock options only to non-employee directors of the Company. No SARs were granted during 2016.

(2) Due to the ceiling imposed on the SAR grants, the outstanding amount equals a maximum of 1,305,719 shares of the Company’s common stock issuable upon exercise.

(3) Due to the ceiling imposed on the SAR grants, the exercisable amount equals a maximum of 882,273 shares of the Company’s common stock issuable upon exercise.

Schedule of Options Granted, Classified into Range of Exercise Price

The options and SARs granted to employees of the Company and its subsidiaries and the options granted to non-employee directors of the Company which were outstanding as of December 31, 2016 have been classified into a range of exercise prices as follows:

		Outstanding												Exercisable
Exercise price (range)		Number of options				Weighted average remaining contractual life (years)				Weighted average exercise price				Number of options				Weighted average remaining contractual life (years)				Weighted average exercise price
12.60-15.54			396,969				4.7			$	14.63				237,614				4.1			$	14.59
16.08-18.62			381,257				4.1			$	16.72				292,617				4.1			$	16.73
19.36-24.86			438,579				4.4			$	21.65				306,895				3.4			$	22.26
27.01-32.34			239,103				6.4			$	29.67				135,103				3.9			$	30.62
			1,455,908				4.7			$	19.76				972,229				3.9			$	19.88

Summary of Restricted Stock Units Activity

A summary of the Company’s RSU activities and related information for the year ended December 31, 2016, is as follows:

		Number of RSUs				Weighted average Grant-Date fair value
Unvested as at the beginning of the year			234,000			$	19.89
Granted			394,417				22.05
Vested			(99,972	)			19.73
Forfeited			(23,303	)			20.16
Unvested at the end of the year			505,142			$	21.59
Expected to vest at the end of the year			463,757			$	21.58

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 number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms.

+ References

Reference 1: 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

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration