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Stock-Based Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2017
Stock-Based Compensation Plans  
Schedule of components of stock compensation expense

 

 

 

 

 

 

 

 

 

 

 

 

    

2017

 

2016

 

2015

 

 

 

(in thousands)

 

2007 Stock Incentive Plan

 

$

4,207

 

$

3,681

 

$

4,102

 

Employee Stock Purchase Plan

 

 

63

 

 

36

 

 

48

 

Total Stock Compensation Expense

 

$

4,270

 

$

3,717

 

$

4,150

 

 

Summary of restricted stock activity under the 2007 Plan

 

 

 

 

 

 

 

 

 

 

 

    

 

 

Weighted Average

 

Aggregate Grant

 

 

 

Number Outstanding

 

Grant Date Fair Value

 

Date Fair Value

 

Balance as of December 31, 2014

 

525,356

 

$

13.71

 

$

8,786,611

 

Shares granted

 

146,440

 

 

18.53

 

 

2,713,159

 

Shares forfeited

 

 —

 

 

 —

 

 

 —

 

Shares vested

 

(275,201)

 

 

15.87

 

 

(4,368,570)

 

Balance as of December 31, 2015

 

396,595

 

$

17.98

 

$

7,131,200

 

Shares granted

 

136,645

 

 

21.55

 

 

2,944,941

 

Shares forfeited

 

(20,377)

 

 

17.79

 

 

(362,536)

 

Shares vested

 

(213,528)

 

 

17.12

 

 

(3,655,269)

 

Balance as of December 31, 2016

 

299,335

 

$

20.24

 

$

6,058,336

 

Shares granted

 

215,603

 

 

24.89

 

 

5,365,731

 

Shares forfeited

 

(10,999)

 

 

24.38

 

 

(268,200)

 

Shares vested

 

(175,817)

 

 

19.61

 

 

(3,448,628)

 

Balance as of December 31, 2017

 

328,122

 

$

23.49

 

$

7,707,239