Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock-Based Compensation Expense, Income Tax Benefits Related to Stock-Based Compensation and Excess Tax Benefits (Provision) Recorded by Company

The following table summarizes the stock-based compensation expense (primarily in the Americas), income tax benefits related to the stock-based compensation and excess tax benefits (deficiencies) (in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2015			2014			2015			2014
Stock-based compensation (expense) (1)	$	(1,288	)	$	(937	)	$	(3,284	)	$	(1,691	)
Income tax benefit (2)		486			328			1,215			592
Excess tax benefit (deficiency) from stock-based compensation (3)		—			(84	)		169			(30	)

⁽¹⁾  Included in “General and administrative” costs in the accompanying Condensed Consolidated Statements of Operations.

⁽²⁾  Included in “Income taxes” in the accompanying Condensed Consolidated Statements of Operations.

⁽³⁾  Included in “Additional paid-in capital” in the accompanying Condensed Consolidated Statements of Changes in Shareholders’ Equity.

Summary of Assumptions Used to Estimate Fair Value

The following table summarizes the assumptions used to estimate the fair value of SARs granted:

	Six Months Ended June 30,
	2015			2014
Expected volatility		34.1	%		38.9	%
Weighted-average volatility		34.1	%		38.9	%
Expected dividend rate		0.0	%		0.0	%
Expected term (in years)		5.0			5.0
Risk-free rate		1.6	%		1.7	%

Summary of Stock Appreciation Rights Activity

The following table summarizes SARs activity as of June 30, 2015 and for the six months then ended:

Stock Appreciation Rights	Shares (000s)			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (in years)		Aggregate Intrinsic Value (000s)
Outstanding at January 1, 2015		959		$	—
Granted		217		$	—
Exercised		(81	)	$	—
Forfeited or expired		—		$	—
Outstanding at June 30, 2015		1,095		$	—		7.1	$	5,158
Vested or expected to vest at June 30, 2015		1,095		$	—		7.1	$	5,158
Exercisable at June 30, 2015		670		$	—		5.8	$	3,895

Weighted Average Grant Date of SARs Granted and Total Intrinsic Value of SARs Exercised

The following table summarizes information regarding SARs granted and exercised (in thousands, except per SAR amounts):

	Six Months Ended June 30,
	2015		2014
Number of SARs granted		217		246
Weighted average grant-date fair value per SAR	$	8.17	$	7.20
Intrinsic value of SARs exercised	$	734	$	333
Fair value of SARs vested	$	1,302	$	1,553

Summary of Nonvested Stock Appreciation Rights

The following table summarizes nonvested SARs activity as of June 30, 2015 and for the six months then ended:

Nonvested Stock Appreciation Rights	Shares (000s)			Weighted Average Grant- Date Fair Value
Nonvested at January 1, 2015		411		$	6.61
Granted		217		$	8.17
Vested		(203	)	$	6.41
Forfeited or expired		—		$	—
Nonvested at June 30, 2015		425		$	7.50

Summary of Nonvested Restricted Shares and Restricted Stock Units

The following table summarizes nonvested restricted shares/RSUs activity as of June 30, 2015 and for the six months then ended:

Nonvested Restricted Shares and RSUs	Shares (000s)			Weighted Average Grant- Date Fair Value
Nonvested at January 1, 2015		1,194		$	16.80
Granted		441		$	25.06
Vested		(125	)	$	16.10
Forfeited or expired		(264	)	$	15.71
Nonvested at June 30, 2015		1,246		$	20.03

Summary of Weighted Average Grant-Date Fair Value Granted and Total Fair Value of Restricted Shares and Restricted Stock Units Vested

The following table summarizes information regarding restricted shares/RSUs granted and vested (in thousands, except per restricted share/RSU amounts):

	Six Months Ended June 30,
	2015		2014
Number of restricted shares/RSUs granted		441		500
Weighted average grant-date fair value per restricted share/RSU	$	25.06	$	19.77
Fair value of restricted shares/RSUs vested	$	2,019	$	895

Summary of Nonvested Common Stock Units and Share Awards

The following table summarizes nonvested common stock share award activity as of June 30, 2015 and for the six months then ended:

Nonvested Common Stock Share Awards	Shares (000s)			Weighted Average Grant- Date Fair Value
Nonvested at January 1, 2015		12		$	20.24
Granted		32		$	24.70
Vested		(16	)	$	22.36
Forfeited or expired		—		$	—
Nonvested at June 30, 2015		28		$	24.19

Summary of Weighted Average Grant-Date Fair Value of Common Stock Units and Share Awards Granted and Total Fair Value of Common Stock Units and Share Awards Vested

The following table summarizes information regarding common stock share awards granted and vested (in thousands, except per share award amounts):

	Six Months Ended June 30,
	2015		2014
Number of share awards granted		32		36
Weighted average grant-date fair value per share award	$	24.70	$	20.15
Fair value of share awards vested	$	370	$	310

Summary of Nonvested Common Stock

The following table summarizes nonvested common stock activity as of June 30, 2015 and for the six months then ended:

Nonvested Common Stock	Shares (000s)			Weighted Average Grant- Date Fair Value
Nonvested at January 1, 2015		5		$	17.88
Granted		6		$	24.69
Vested		(7	)	$	23.56
Forfeited or expired		—		$	—
Nonvested at June 30, 2015		4		$	18.81

Summary of Weighted Average Grant-Date Fair Value of Common Stock Awarded and Cash Used to Settle Company's Obligation under Deferred Compensation

The following table summarizes information regarding shares of common stock granted and vested (in thousands, except per common stock amounts):

	Six Months Ended June 30,
	2015		2014
Number of shares of common stock granted		6		8
Weighted average grant-date fair value per common stock	$	24.69	$	20.43
Fair value of common stock vested	$	169	$	146
Cash used to settle the obligation	$	65	$	21