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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Reconciliation of Option Activity

The following table provides a reconciliation of option activity for the three months ended March 31, 2016:

 

Options

   Shares (000)      Weighted-
Average
Exercise
Price
     Weighted-
Average
Remaining
Contractual
Term
     Aggregate
Intrinsic Value
 

Outstanding at January 1, 2016

     1,034       $ 12.09         

Granted

     167       $ 11.31         

Exercised

     —         $ —           

Forfeited or expired

     (10    $ 17.98         
  

 

 

    

 

 

       

Outstanding at March 31, 2016

     1,191       $ 11.93         6.2       $ 3,312 (1) 
  

 

 

    

 

 

    

 

 

    

 

 

 

Exercisable at March 31, 2016

     963       $ 11.35         5.3       $ 2,916 (1) 
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1)  The intrinsic value is the amount by which the market price of our stock was greater than the exercise price of any individual option grant at March 31, 2016.