XML 36 R29.htm IDEA: XBRL DOCUMENT

Equity-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2014

Additional Information Related to Equity-Based Compensation

Equity-Based Compensation (in thousands, except weighted average years):

	Three Months Ended March 31,				Unrecognized Equity-Based Compensation as of		Weighted Average Years Remaining of Equity-Based Compensation as of
	2014		2013		Mar. 31, 2014		Mar. 31, 2014
SARs	$	250	$	601	$	1,088		1.7
Restricted Stock		3,293		1,189		53,844		2.9
DSUs		146		90		314		0.8
		3,689		1,880		55,246
Equity-Based Compensation for Consolidated Businesses		187		183		1,255		2.1
Total Equity-Based Compensation	$	3,876	$	2,063	$	56,501

Changes in Stock Appreciation Rights

Activity with respect to SARs during the three months ended March 31, 2014 and 2013 was as follows:

	Three Months Ended March 31,
	2014						2013
	Number of SARs		Weighted Average Base Price		Weighted Average Fair Value		Number of SARs		Weighted Average Base Price		Weighted Average Fair Value
Exercised ⁽¹⁾		293,925	$	8.07	$	4.70		126,624	$	7.40	$	4.45

⁽¹⁾	The exercise of SARs listed in this table resulted in the issuance of 120,459 shares and 37,233 shares of ICG’s Common Stock during the three months ended March 31, 2014 and 2013, respectively.

Changes in Restricted Stock

Share activity with respect to restricted stock awards for the three months ended March 31, 2014 and 2013 was as follows:

	Three Months Ended March 31,
	2014				2013
	Number of Shares		Weighted Average Grant Date Fair Value		Number of Shares		Weighted Average Grant Date Fair Value
Granted		3,095,948	$	17.21		168,190	$	13.06
Vested		175,771	$	12.68		75,446	$	9.76
Forfeited		366,666	$	9.96		8,677	$	10.63

Summary of Share Activity with Respect to Deferred Stock Units

Share activity with respect to periodically-issued DSUs for the three months ended March 31, 2014 and 2013 was as follows:

	Three Months Ended March 31,
	2014				2013
	Number of DSUs		Grant Date Fair Value		Number of DSUs		Grant Date Fair Value
Granted		22,500	$	17.63		29,250	$	13.09
Vested		29,250	$	13.09		41,250	$	8.40

Changes in Deferred Stock Units Related to Quarterly Grants

Activity related to grants of DSUs for service in lieu of cash for the three months ended March 31, 2014 and 2013 was as follows:

	Three Months Ended March 31,
	2014				2013
	Number of DSUs		Expense Recognized (in thousands)		Number of DSUs		Expense Recognized (in thousands)
Granted and vested		5,913	$	79		7,484	$	95

- Definition

Tabular disclosure of an equity-based arrangement (such as stock or unit options and stock or unit awards) with an individual employee, which is generally an employment contract between the entity and a selected officer or key employee containing a promise by the employer to pay certain equity-based awards at future dates, sometimes including a period after retirement, upon compliance with stipulated requirements. This type of arrangement is distinguished from broader based employee benefit plans as it is usually tailored to the employee. Disclosure also typically includes the amount of related compensation expense recognized during the reporting period, the number of shares or units issued during the period under such arrangements, and the carrying amount as of the balance sheet date of the related liability.

+ References+ Details