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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2016
Stock-Based Compensation  
Summary of stock option activity

 

 

 

 

 

 

 

 

 

 

 

 

 

Options Outstanding

 

 

 

 

 

 

 

Weighted-Average

 

 

 

 

 

 

 

 

 

 

Remaining

 

 

 

 

 

Number of Options

 

Weighted-Average 

 

Contractual Term

 

Aggregate Intrinsic 

 

    

(in millions)

    

Exercise Price

    

(in years)

    

Value (in millions)(1)

Outstanding — December 31, 2015

 

1.6

 

$

20.55

 

4.43

 

$

1.8

Exercised

 

(0.2)

 

 

17.38

 

 

 

 

 

Forfeited/Expired

 

(0.1)

 

 

25.89

 

 

 

 

 

Outstanding — December 31, 2016

 

1.3

 

$

20.74

 

3.50

 

$

10.9

 

 

 

 

 

 

 

 

 

 

 

Vested and Expected to Vest — December 31, 2016

 

1.3

 

$

20.74

 

3.50

 

$

10.9

Exercisable — December 31, 2016

 

1.3

 

$

20.74

 

3.50

 

$

10.9

(1)

Total pretax intrinsic value for stock options with an exercise price less than the Company’s calculated common stock price that option holders would have realized had they exercised their options as of that date.

Summary of restricted stock activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

 

 

 

 

Restricted Stock Awards

 

Restricted Stock Units

 

 

Number

 

Weighted-Average

 

Number

 

Weighted-Average

 

 

of 

 

Grant

 

of 

 

Grant

(in millions, except for weighted average grant date fair values)

    

Shares

    

Date Fair Value

    

Shares

    

Date Fair Value

Non-vested at December 31, 2015

 

0.1

 

$

14.60

 

1.7

 

$

32.67

Granted

 

 —

 

 

 —

 

1.6

 

 

17.04

Forfeited/Cancelled

 

 —

 

 

 —

 

(0.4)

 

 

31.79

Vested

 

(0.1)

 

 

14.27

 

(0.4)

 

 

30.88

Non-vested at December 31, 2016

 

 —

 

$

 —

 

2.5

 

$

23.24

 

Summary of additional information related to restricted stock awards and restricted stock units

 

 

 

 

 

 

 

 

 

 

 

    

 

 

 

 

 

 

 

Fiscal Years ended December 31,

(in millions, except for weighted average remaining periods)

 

2016

 

2015

 

2014

Fair value of restricted stock awards vested

 

$

1.3

 

$

4.0

 

$

5.6

Fair value of restricted stock units vested

 

 

6.2

 

 

8.3

 

 

6.3

Unrecognized compensation cost for restricted stock awards

 

 

 —

 

 

0.4

 

 

2.1

Unrecognized compensation cost for restricted stock units

 

$

30.6

 

$

29.2

 

$

24.0

Weighted average remaining period to expense for restricted stock awards (years)

 

 

 —

 

 

0.3

 

 

1.2

Weighted average remaining period to expense for restricted stock units (years)

 

 

2.4

 

 

2.3

 

 

2.3