XML 35 R29.htm IDEA: XBRL DOCUMENT v3.2.0.727

Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2015

Restricted Stock Units (RSU) and Performance Share Awards (PSAs) [Member]

Summary of Stock Option Activity

The following table summarizes RSU and PSA activity during periods indicated:

Units		2015				2014
Balance at January 1,			888,942				1,001,814
Granted			152,531				167,255
Forfeited			(77,652	)			(38,458	)
Shares delivered			(283,627	)			(239,394	)
Balance at June 30,			680,194				891,217

Compensation Expense for Stock Option Activity

The following table sets forth aggregate RSU and PSA compensation expense for the periods indicated:

		June 30
In thousands		2015				2014
Three months ended		$	453			$	441
Six months ended			820				1,020

Stock Only Stock Appreciation Rights (SOSARs) [Member]

Summary of Stock Option Activity

The following table sets forth information related to outstanding SOSARS.

		2015								2014
SOSARS		Shares				Wtd Avg Exercise Price				Shares				Wtd Avg Exercise Price
Outstanding at January 1,			1,864,707			$	16.20				1,977,133			$	13.91
Granted			406,142				24.94				275,529				29.89
Exercised			(58,343	)			13.52				(19,199	)			15.57
Canceled / forfeited			(3,349	)			26.53				(24,719	)			18.85
Outstanding at June 30,			2,209,157			$	17.87				2,208,744			$	15.83
SOSAR Grants
Weighted average grant date fair value per share		$	7.54							$	9.85
Aggregate grant date fair value (in thousands)		$	3,063							$	2,713
Black-Scholes assumptions
Dividend yield			1.92	%							1.47	%
Risk free rate of return			1.64	%							1.73	%
Volatility			36.48	%							37.59	%
Expected life			6 yrs								6 yrs

Compensation Expense for Stock Option Activity

The following table sets forth SOSAR compensation expense for the periods indicated:

		June 30
In thousands		2015				2014
Three months ended		$	680			$	559
Six months ended			1,268				1,008

X

- Definition

Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

+ 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



Reference 2: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 718



-SubTopic 10



-Section 50



-Paragraph 1



-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901

+ Details

Name:	us-gaap_DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock
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

X

- Details

Name:	us-gaap_AwardTypeAxis=glt_RestrictedStockUnitsAndPerformanceShareAwardsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_AwardTypeAxis=us-gaap_StockAppreciationRightsSARSMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: