XML 54 R21.htm IDEA: XBRL DOCUMENT

Share-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2015

The fair value of option grants are estimated on the grant date using the Black-Scholes option-pricing model with the following weighted-average assumptions for option grants during the nine months ended September 30, 2015. No stock options were granted in the three or nine months ended September 30, 2014.


		2015
Expected volatility		47.15%
Expected dividends		0.00%
Expected term (in years)		6.15
Risk-free rate		1.62%

Summary of Company's Stock Option Plan Activity

The following table summarizes the stock option activity for the nine months ended September 30, 2015:


	Number of Shares			Weighted-Average Price Per Share		Weighted-Average Remaining Contractual Life (Years)		Aggregate Intrinsic Value
Options outstanding, beginning of the year		896		$	11.63
Granted		309			15.25
Exercised		(145	)		6.45
Forfeited		(17	)		15.96
Expired		—			—

Options outstanding at September 30, 2015		1,043		$	13.35		5.5	$	3,152

Options exercisable at September 30, 2015		585		$	10.75		2.9	$	2,986

Available for grant at September 30, 2015		563

Summary of Additional Stock Option Information

The following table provides additional stock option information:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2015		2014		2015		2014
Weighted-average grant date fair value per share	$	8.56	$	—	$	7.13	$	—
Intrinsic value of options exercised	$	630	$	319	$	1,524	$	319
Fair value of stock options that vested	$	42	$	698	$	892	$	698

Summary of Restricted Stock Unit Activity

The following table summarizes restricted stock unit activity during the nine months ended September 30, 2015. No restricted stock units were granted in the three or nine months ended September 30, 2014:


	Units			Weighted-Average Grant Date Fair Value
Non-vested units, beginning of the year		35		$	17.76
Granted		95			14.88
Vested		—			—
Forfeited		(7	)		17.76

Non-vested units, at September 30, 2015		123		$	15.54

Summary of Cash Settled Performance Shares Activity

The following table summarizes cash-settled performance unit activity during the nine months ended September 30, 2015. No cash-settled performance units were granted in the three or nine months ended September 30, 2014:


	Units			Weighted-Average Grant Date Fair Value
Non-vested units, beginning of the year		629		$	1.00
Granted		1,412			1.00
Vested		—			—
Forfeited		(125	)		1.00

Non-vested units, at September 30, 2015		1,916		$	1.00

Summary of Restricted Stock Activity

The following table summarizes restricted stock activity during the nine months ended September 30, 2015:


	Shares			Weighted-Average Grant Date Fair Value
Non-vested shares, beginning of the year		60		$	15.91
Granted		120			15.36
Vested		(145	)		15.17
Forfeited		(12	)		17.76

Non-vested shares, at September 30, 2015		23		$	16.74

Restricted Stock Units (RSUs) [Member]

Summary of Additional Restricted Stock Information

The following table provides additional restricted stock unit information:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2015		2014		2015		2014
Weighted-average grant date fair value per unit	$	19.01	$	—	$	14.88	$	—

Restricted Stock [Member]

Summary of Additional Restricted Stock Information

The following table provides additional restricted stock information:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2015		2014		2015		2014
Weighted-average grant date fair value per share	$	19.42	$	15.13	$	15.36	$	15.29
Fair value of restricted stock awards that vested	$	—	$	—	$	2,198	$	—