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STOCK COMPENSATION PLANS (Tables)
3 Months Ended
Mar. 31, 2014
Unrecognized Share-Based Compensation Expense

The following table presents unrecognized share-based compensation expense as of March 31, 2014:

 

     Unrecognized
Expense
     Average Expected
Recognition Period
 
     ($ in thousands)  

Stock option awards

   $ 1,345         4.14 years   

Restricted stock awards

     10,395         3.65 years   
  

 

 

    

Total

   $ 11,740         3.71 years   
  

 

 

    
Option Activity

The following table represents stock option activity as of and for the three months ended March 31, 2014:

 

     Number of
Shares
    Weighted-
Average
Exercise
Price per
Share
     Weighted-
Average
Remaining
Contractual
Term
     Aggregate
Intrinsic
Value
(In thousands)
 

Outstanding at beginning of period

     734,721      $ 12.73         7.5 years       $ 741   

Granted

     —        $ —           0 years       $ —     

Exercised

     (66,667   $ 11.36         0 years       $ —     

Forfeited

     —        $ —           0 years       $ —     
  

 

 

         

Outstanding at end of period

     668,054      $ 12.86         7.3 years       $ 188   
  

 

 

         

Exercisable at end of period

     335,000      $ 11.71         7.6 years       $ 188   
Restricted Stock Units
 
Nonvested Share

The following table represents restricted stock awards activity as of and for the three months ended March 31, 2014:

 

     Number of
Shares
    Weighted-
Average
Exercise
Price per
Share
 

Non-vested shares outstanding at beginning of period

     893,886      $ 13.78   

Granted

     95,719      $ 13.07   

Vested

     (22,879   $ 11.19   

Forfeited

     (83,184   $ 13.06   
  

 

 

   

Non-vested shares outstanding at end of period

     883,542      $ 13.83   
  

 

 

   
Stock Option
 
Nonvested Share

The following table represents changes in unvested stock options and related information as of and for the three months ended March 31, 2014:

 

     Number
of Shares
     Weighted-
Average
Exercise
Price per
Share
 

Non-vested outstanding at beginning of period

     419,569       $ 13.16   

Granted

     —         $ —     

Vested

     —         $ —     

Forfeited

     —         $ —     
  

 

 

    

Non-vested outstanding at end of period

     419,569       $  13.16