STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2014

Recognition of Pre-Tax Compensation Expense

The Company recognized pre-tax compensation expense, excluding discontinued operations, in the consolidated statements of operations related to stock-based compensation as follows:

	The year ended December 31,
	2014		2013		2012
Non-vested stock, included in salaries and related	$	35,357	$	25,391	$	28,123
Stock options, included in salaries and related		—		—		51
Total	$	35,357	$	25,391	$	28,174

Non-Vested Stock Activity

The Company’s non-vested stock activity is as follows (shares in thousands):

	The year ended December 31,
	2014					2013					2012
	Shares			Weighted Average Fair Value at Grant Date		Shares			Weighted Average Fair Value at Grant Date		Shares			Weighted Average Fair Value at Grant Date
Non-vested at beginning of period		13,142		$	5.58		7,639		$	10.01		7,432		$	13.85
Granted RSAs		—			—		1,213			4.72		3,156			6.88
Granted RSUs		617			5.58		8,694			4.15		1,230			6.89
Forfeited		(472	)		5.41		(1,386	)		10.93		(1,102	)		12.14
Vested		(4,733	)		7.11		(3,018	)		5.10		(3,077	)		14.07
Non-vested at end of period		8,554		$	4.85		13,142		$	5.58		7,639		$	10.01

Stock Option Activity

The Company’s stock option activity is as follows (shares in thousands):

	The year ended December 31,
	2014					2013					2012
	Shares			Weighted Average Exercise Price		Shares			Weighted Average Exercise Price		Shares			Weighted Average Exercise Price
Outstanding as of the beginning of the period		928		$	29.68		1,029		$	29.04		1,560		$	24.10
Exercised		—			—		—			—		(3	)		9.11
Forfeited/expired/cancelled		(782	)		29.02		(101	)		23.27		(528	)		29.10
Outstanding at end of the period		146		$	32.32		928		$	29.68		1,029		$	29.04
Options exercisable at end of period		146		$	32.32		928		$	29.68		1,029		$	29.04
Aggregate intrinsic value of options exercised during the period	$	—				$	—				$	2