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Stock-Based Compensation Plans (Tables)
6 Months Ended
Jun. 30, 2016
Stock-Based Compensation Plans [Abstract]  
Schedule Of Stock-Based Compensation Expense



 

 

 

 

 

 

 

 

 

 

 



Quarter Ended June 30,

 

Six Months Ended June 30,

(in thousands)

2016

 

2015

 

2016

 

2015

Stock-based compensation expense

$

7,226 

 

$

9,721 

 

$

18,893 

 

$

20,050 



Schedule Of Shares And Units Of Restricted Common Stock



 

 

 

 

 

 

 

 

 

 

 



 

Quarter Ended June 30,

 

 

2016

 

 

2015

(in thousands, except per share amounts)

 

Number of Shares/Units

 

Weighted Average Fair Value

 

 

Number of Shares/Units

 

Weighted Average Fair Value

Restricted stock awards granted under the:

 

 

 

 

 

 

 

 

 

 

 

Incentive Plans — non-executive employees, service condition

 

85 

 

$

12.33 

 

 

226 

 

$

22.68 

Incentive Plans — non-executive employees, market and service condition

 

46 

 

 

12.33 

 

 

 

 

Incentive Plans — executive officers, service condition

 

150 

 

 

15.12 

 

 

25 

 

 

22.61 

Incentive Plans — executive officers,  market and service condition

 

75 

 

 

15.12 

 

 

 

 

Incentive Plans — non-employee directors

 

39 

 

 

12.78 

 

 

 

 

Director Plan — non-employee directors

 

24 

 

 

12.78 

 

 

24 

 

 

22.61 

Total restricted stock awards

 

419 

 

$

13.90 

 

 

275 

 

$

22.67 



 

 

 

 

 

 

 

 

 

 

 



 

Six Months Ended June 30,



 

2016

 

 

2015

(in thousands, except per share amounts)

 

Number of Shares/Units

 

Weighted Average Fair Value

 

 

Number of Shares/Units

 

Weighted Average Fair Value

Restricted stock awards granted under the:

 

 

 

 

 

 

 

 

 

 

 

Incentive Plans — non-executive employees, service condition

 

85 

 

$

12.33 

 

 

439 

 

$

25.86 

Incentive Plans — non-executive employees, market and service condition

 

46 

 

 

12.33 

 

 

 

 

Incentive Plans — executive officers, service condition

 

150 

 

 

15.12 

 

 

85 

 

 

27.50 

Incentive Plans — executive officers,  market and service condition

 

75 

 

 

15.12 

 

 

 

 

Incentive Plans — non-employee directors

 

64 

 

 

10.79 

 

 

 

 

Director Plan — non-employee directors

 

24 

 

 

12.78 

 

 

24 

 

 

22.61 

Total restricted stock awards

 

444 

 

$

13.55 

 

 

548 

 

$

26.00 



Schedule Of Weighted-Average Fair Value Assumptions



 

 

 

 

 

 

 

 

 

 

 



Quarter Ended June 30,

 

Six Months Ended June 30,



2016

 

2015

 

2016

 

2015

Stock option assumptions:

 

 

 

 

 

 

 

 

 

 

 

Weighted-average fair value

$

7.54 

 

$

 

$

7.54 

 

$

Expected volatility

 

60.0% 

 

 

 

 

60.0% 

 

 

Risk-free interest rate

 

0.76%-1.46%

 

 

 

 

0.76%-1.46%

 

 

Expected dividend yield

 

0% 

 

 

 

 

0% 

 

 

Derived term in years

 

3-4 

 

 

 

 

3-4 

 

 



Schedule Of Stock Option Activity



 

 

 

 

 

 

 

 

 

 

 



 

Six Months Ended June 30, 2016

 

 

(in thousands, except per share amounts)

 

Number of Shares

 

Weighted Average Exercise

 

 

Weighted Average Remaining Term (in years)

 

 

Stock option activity:

 

 

 

 

 

 

 

 

 

 

 

Outstanding at beginning of period

 

 

$

 

 

 

 

 

 

Granted

 

720 

 

 

14.27 

 

 

 

 

 

 

Exercised

 

 

 

 

 

 

 

 

 

Forfeited and expired

 

 

 

 

 

 

 

 

 

Outstanding at end of period

 

720 

 

$

14.27 

 

 

10 

 

 

 

Exercisable at end of period

 

720 

 

$

14.27 

 

 

10