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Share-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2015
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Expenses Associated with Share-Based Compensation Plans

The following table presents expenses associated with the Company’s share-based compensation plans:

 

Three Months Ended
September 30,

 

  

Nine Months Ended
September 30,

 

(in thousands)

 

2015

 

  

2014

 

  

2015

 

  

2014

 

Expense:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

RSUs

$

4,059

  

  

$

2,910

  

  

$

18,278

  

  

$

14,275

  

Stock options

 

68

 

 

 

68

 

 

 

203

 

 

 

203

 

Employee stock purchase plan

 

571

 

  

 

465

  

  

 

1,780

  

  

 

1,484

  

 

$

4,698

  

  

$

3,443

  

  

$

20,261

  

  

$

15,962

  

 

Summary of RSU Activity

The following table summarizes RSU activity for the nine months ended September 30, 2015:

 

(in thousands, except weighted-average grant-date fair value)

 

 

Shares

 

 

 

Weighted-average
grant-date
fair value

 

RSUs unvested at December 31, 2014

 

2,337

 

 

$

21.21

 

Granted during 2015

 

750

 

 

$

34.74

 

Vested during 2015

 

(986

)

 

$

18.44

 

Forfeited during 2015

 

(22

)

 

$

28.27

 

RSUs unvested at September 30, 2015

 

2,079

 

 

$

27.33

 

 

Summary of Stock Option Activity

The following table summarizes stock option activity for the nine months ended September 30, 2015:

 

(in thousands, except weighted-average
exercise price and contractual term)

 

Number
outstanding

 

 

Weighted-
average
exercise price

  

  

Weighted-
average
remaining
contractual term

   

  

Aggregate
intrinsic
value

 

Balance at December 31, 2014

 

686

 

 

$

20.18

 

 

 

 

 

 

 

 

 

Exercised during 2015

 

(307

)

 

$

16.79

 

 

 

 

 

 

 

 

 

Balance at September 30, 2015

 

379

 

 

$

22.94

 

 

 

3.0 years

 

 

$

6,107

 

Vested and expected to vest at September 30, 2015

 

379

 

 

$

22.94

 

 

 

3.0 years

 

 

$

6,107

 

Exercisable at September 30, 2015

 

279

 

 

$

21.26

 

 

 

1.1 years

 

 

$

4,974