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Stock-Based Compensation Plan (Tables)
12 Months Ended
Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary Of Fair Value Assumptions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

2013

 

2012

Stock price

$

22.09 

 

 

$

26.41 

 

 

$

17.77 

 

Exercise price

$

22.09 

 

 

$

26.41 

 

 

$

17.77 

 

Expected term:

 

 

 

 

 

 

 

 

 

 

 

Employees

 

6.25 years

 

 

 

6.25 years

 

 

 

6.25 years

 

Directors

 

5.5 years

 

 

 

5.5 years

 

 

 

5.5 years

 

Expected volatility:

 

 

 

 

 

 

 

 

 

 

 

Employees

 

53.50 

%

 

 

56.70 

%

 

 

49.50 

%

Directors

 

44.80 

%

 

 

58.60 

%

 

 

50.20 

%

Dividend yield

 

 -

%

 

 

 -

%

 

 

 -

%

Risk free rate:

 

 

 

 

 

 

 

 

 

 

 

Employees

 

1.98 

%

 

 

1.35 

%

 

 

0.75 

%

Directors

 

1.79 

%

 

 

1.16 

%

 

 

0.75 

%

 

Employee Stock Option [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary Of Stock Option Plan And Restricted Stock Activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

Average

 

 

 

 

 

 

Weighted

 

Remaining

 

Aggregate

 

 

 

Average

 

Contractual

 

Intrinsic

 

Number of

 

Exercise

 

Term

 

Value

 

Shares

 

Price

 

(in years)

 

(in thousands)

Options outstanding, December 31, 2011

1,192,680 

 

$

12.89 

 

 

 

 

 

 

Options granted - employees

111,000 

 

$

17.77 

 

 

 

 

 

 

Options granted - directors

40,000 

 

$

17.77 

 

 

 

 

 

 

Options forfeited - employees

(8,000)

 

$

17.77 

 

 

 

 

 

 

Options outstanding, December 31, 2012

1,335,680 

 

$

13.41 

 

 

 

 

 

 

Options granted - employees

51,300 

 

$

26.41 

 

 

 

 

 

 

Options granted - directors

40,000 

 

$

26.41 

 

 

 

 

 

 

Options forfeited - employees

(3,501)

 

$

14.87 

 

 

 

 

 

 

Options exercised - employees

(159,994)

 

$

9.53 

 

 

 

 

 

 

Options outstanding, December 31, 2013

1,263,485 

 

$

14.84 

 

 

 

 

 

 

Options granted - employees

120,000 

 

$

22.09 

 

 

 

 

 

 

Options granted - directors

50,000 

 

$

22.09 

 

 

 

 

 

 

Options forfeited - employees

(5,417)

 

$

22.55 

 

 

 

 

 

 

Options exercised - employees

(7,319)

 

$

15.60 

 

 

 

 

 

 

Options outstanding, December 31, 2014

1,420,749 

 

$

15.67 

 

 

5.4 

 

$

11,270 

Options exercisable at December 31, 2014

1,169,312 

 

$

14.28 

 

 

4.6 

 

$

10,887 

Expected to vest after December 31, 2014

251,437 

 

$

22.16 

 

 

8.9 

 

$

382 

 

Restricted Stock [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary Of Stock Option Plan And Restricted Stock Activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

Average

 

 

 

Restricted

 

Grant Date

 

 

 

Share Units

 

Fair Value

Share units outstanding, December 31, 2012

 

 

 -

 

$

 -

Share units granted

 

 

28,150 

 

$

26.11 

Share units outstanding, December 31, 2013

 

 

28,150 

 

$

26.11 

Share units granted

 

 

23,500 

 

$

22.09 

Share units vested

 

 

(7,648)

 

$

26.13 

Share units forfeited

 

 

(1,500)

 

$

26.41 

Share units outstanding, December 31, 2014

 

 

42,502 

 

$

23.87