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SHARE-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Compensation cost arising from share-based arrangements
The Company recognized compensation expense from share-based arrangements shown in the following table:
 
Three Months Ended March 31,
 
2017
 
2016
 
(In thousands)
Recognition of fair value of restricted stock units, stock options and SARs over vesting period; and issuance of stock
$
1,347

 
$
1,114

Contributions of stock to the Company’s 401(k) plan

 
1,466

Total share-based compensation expense
$
1,347

 
$
2,580

Summary of Restricted Stock Unit activity
A summary of outstanding restricted stock units as of March 31, 2017 is as follows:
 
Units
 
Weighted Average Grant-Date Fair Value
 
Unamortized Compensation Expense (In thousands)
Non-vested at December 31, 2016
700,500

 
$
15.91

 

Vested
(1,252
)
 
13.01

 
 
Forfeited
(2,027
)
 
13.65

 
 
Non-vested at March 31, 2017
697,221

 
$
17.12

 
$
4,482



Summary of Stock Option Activity
A summary of stock options outstanding as of March 31, 2017 is as follows:
 
Stock Options
 
Weighted Average Exercise Price
 
Weighted Average Remaining
Contractual Life (In years)
 
Aggregate Intrinsic Value (In thousands)
 
Unamortized Compensation Expense (In thousands)
Outstanding at March 31, 2017
109,306

 
$
22.16

 
0.9

 
$

 
$