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STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2015
STOCK-BASED COMPENSATION  
Summary of stock options activity

 

The following table presents the activity for the Company’s stock options as of and for the three months ended March 31, 2015:

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares

 

Weighted
Average
Exercise
Price

 

Weighted
Average
Remaining
Contractual
Term

 

Aggregate
Intrinsic
Value
(In thousands)

 

Outstanding at beginning of period

 

42,116 

 

$

20.75 

 

 

$

 —

 

Granted

 

 

 

 

 

Exercised

 

(39,751)

 

21.09 

 

 

 

Expired

 

 

 

 

 

Outstanding at end of period

 

2,365 

 

$

14.95 

 

0.77 years

 

$

60 

 

Vested or expected to vest at end of period

 

2,365 

 

$

14.95 

 

0.77 years

 

$

60 

 

Exercisable at end of period

 

2,365 

 

$

14.95 

 

0.77 years

 

$

60 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of time-based and performance-based restricted stock awards activity

 

 

 

 

 

 

March 31, 2015

 

 

 

Restricted Stock Awards

 

 

 

Time-Based

 

Performance-Based

 

 

 

Shares

 

Weighted
Average
Price

 

Shares

 

Weighted
Average
Price

 

Outstanding at beginning of period

 

751,020 

 

 $

30.61 

 

518,553 

 

 $

29.64 

 

Granted

 

411,802 

 

38.85 

 

149,284 

 

39.95 

 

Vested

 

(207,495)

 

23.27 

 

(144,445)

 

22.05 

 

Forfeited

 

(13,119)

 

34.05 

 

 

 

Outstanding at end of period

 

942,208 

 

 $

35.78 

 

523,392 

 

 $

35.64