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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2016
Postemployment Benefits [Abstract]  
Summary of Stock or Stock Option Activity under 2006 EIP and 2013 LTIP

The following table presents the stock or stock option activity under the 2006 EIP and 2013 LTIP for the six months ended June 30, 2016.

 

 

 

 

 

 

 

Options Outstanding

 

 

 

Stock or

Options

Available

for Grant

 

 

Number

of Shares

 

 

Weighted

Average

Exercise Price

 

Balance at January 1, 2016

 

 

5,868,283

 

 

 

2,280,030

 

 

$

27.08

 

Options exercised

 

 

 

 

 

(29,475

)

 

 

13.12

 

Options canceled or forfeited (2013 LTIP)

 

 

9,074

 

 

 

(9,074

)

 

 

23.40

 

Options canceled or forfeited (2006 EIP)

 

 

 

 

 

(17,807

)

 

 

33.27

 

Restricted stock granted

 

 

(625,389

)

 

 

 

 

 

 

Restricted stock canceled

 

 

52,604

 

 

 

 

 

 

 

Balance at June 30, 2016

 

 

5,304,572

 

 

 

2,223,674

 

 

$

27.23

 

 

Summary of Information Regarding Options Granted under Executive Incentive Plan

The following table presents information regarding the options granted under the 2006 EIP and 2013 LTIP at June 30, 2016:

 

Outstanding

 

 

Exercisable

 

Range of

Exercise Prices

 

Number of

Options

 

 

Weighted Average

Remaining

Contractual

Life (years)

 

 

Weighted

Average

Exercise

Price

 

 

Number of

Options

 

 

Weighted

Average

Exercise

Price

 

$0.00 - $13.12

 

 

39,661

 

 

 

0.43

 

 

$

13.12

 

 

 

39,661

 

 

$

13.12

 

13.13 - 28.88

 

 

1,674,014

 

 

 

5.98

 

 

 

25.10

 

 

 

1,481,267

 

 

 

25.30

 

28.89 - 50.88

 

 

492,626

 

 

 

5.08

 

 

 

33.81

 

 

 

492,626

 

 

 

33.81

 

50.89 - 84.80

 

 

17,373

 

 

 

4.15

 

 

 

77.48

 

 

 

17,373

 

 

 

77.48

 

$0.00 - $84.80

 

 

2,223,674

 

 

 

5.67

 

 

$

27.23

 

 

 

2,030,927

 

 

$

27.57