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Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Components of Share-Based Compensation Expense (Income)
Share-based and long-term incentive compensation expense consists of:
 
For the Year
 
2015
 
2014
 
2013
 
(In thousands)
Cash-settled awards
$
(3,127
)
 
$
(3,710
)
 
$
7,774

Equity-settled awards
5,026

 
5,168

 
4,281

Restricted stock
(8
)
 
(25
)
 
538

Stock options
2,355

 
1,984

 
4,216

Total share-based compensation
$
4,246

 
$
3,417

 
$
16,809

Deferred cash
228

 

 

 
$
4,474

 
$
3,417

 
$
16,809

Share-Based Compensation Expense (Income) Included in Operating Expense
Share-based and long-term incentive compensation expense is included in:
 
For the Year
 
2015
 
2014
 
2013
 
(In thousands)
General and administrative
$
2,451

 
$
1,001

 
$
7,779

Other operating
2,023

 
2,416

 
9,030

 
$
4,474

 
$
3,417

 
$
16,809

Summarized Activity of Cash-Settled Restricted Stock Unit Awards
The following table summarizes the activity of cash-settled restricted stock unit awards in 2015:
 
Equivalent
Units
 
Weighted Average Grant Date Fair Value
 
(In thousands)
 
(Per unit)
Non-vested at beginning of period
185

 
$18.49
Granted
60

 
13.26
Vested
(117
)
 
18.26
Forfeited
(11
)
 
18.83
Non-vested at end of period
117

 
16.00
Summarized Activity of Cash-Settled Stock Appreciation Rights
The following table summarizes the activity of cash-settled stock appreciation rights in 2015:
 
Rights
Outstanding
 
Weighted Average
Exercise Price
 
Weighted Average
Remaining Contractual Term
 
Aggregate Intrinsic Value
(Current Value Less Exercise Price)
 
(In thousands)
 
(Per share)
 
(In years)
 
(In thousands)
Balance at beginning of period
458

 
$12.54
 
4
 
$1,732
Granted
90

 
14.08
 
 
 
 
Exercised
(39
)
 
9.29
 
 
 
 
Forfeited
(22
)
 
15.00
 
 
 
 
Balance at end of period
487

 
12.97
 
4
 
404
Exercisable at end of period
414

 
12.77
 
3
 
404
Summarized Activity of Equity-Settled Awards
The following table summarizes the activity of equity-settled awards in 2015:
 
Equivalent
Units
 
Weighted Average Grant Date Fair Value
 
(In thousands)
 
(Per unit)
Non-vested at beginning of period
710

 
$
19.24

Granted
395

 
12.99

Vested
(340
)
 
14.23

Forfeited
(134
)
 
18.18

Non-vested at end of period
631

 
18.25

Schedule of Fair Value Assumptions of MSU Awards
We estimate the grant date fair value of MSU awards using a Monte Carlo simulation pricing model and the following assumptions:
 
 
For the Year
 
 
2015
 
2014
 
2013
Expected stock price volatility
 
32.9
%
 
42.2
%
 
42.2
%
Risk-free interest rate
 
1.0
%
 
0.7
%
 
0.4
%
Expected dividend yield
 
%
 
%
 
%
Weighted average grant date fair value of MSU awards (per unit)
 
$
15.11

 
$
20.38

 
$
21.09

Summarized Activity of Restricted Stock Awards
The following table summarizes the activity of restricted stock awards in 2015:
 
Restricted
Shares
 
Weighted Average Grant Date Fair Value
 
(In thousands)
 
(Per unit)
Non-vested at beginning of period
17

 
$
17.56

Granted

 

Vested
(7
)
 
14.59

Forfeited
(6
)
 
19.00

Non-vested at end of period
4

 
20.55

Summarized Activity of Stock Option Awards
The following table summarizes the activity of stock option awards in 2015:
 
Options
Outstanding
 
Weighted
Average
Exercise Price
 
Weighted
Average
Remaining
Contractual
Term
 
Aggregate
Intrinsic Value
(Current
Value Less
Exercise Price)
 
(In thousands)
 
(Per share)
 
(In years)
 
(In thousands)
Balance at beginning of period
1,861

 
$
20.74

 
6
 
$
643

Granted
413

 
13.86

 
 
 
 
Exercised

 

 
 
 
 
Forfeited
(103
)
 
18.01

 
 
 
 
Balance at end of period
2,171

 
19.56

 
5
 
156

Exercisable at end of period
1,687

 
20.83

 
4
 
156

Schedule of Fair Value Assumptions of Stock Options
We estimated the fair value of these options with market conditions using Monte Carlo simulation pricing model and the following assumptions:
 
 
For the Year
 
 
2015
Expected stock price volatility
 
61.4
%
Risk-free interest rate
 
2.2
%
Expected dividend yield
 
%
Weighted average grant date fair value of options (per share)
 
$
7.87

We estimate the grant date fair value of stock options that do not have a market condition using the Black-Scholes option pricing model and the following assumptions:
 
 
For the Year
 
 
2015
 
2013
Expected stock price volatility
 
45.6
%
 
66.8
%
Risk-free interest rate
 
1.8
%
 
1.4
%
Expected life of options (years)
 
6

 
6

Expected dividend yield
 
%
 
%
Weighted average grant date fair value of options (per share)
 
$
6.51

 
$
11.47