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Stockholder's Equity (Tables)
9 Months Ended
Sep. 30, 2014
Stockholder's Equity  
Summary of stock option activity

The following table summarizes stock option activity for the nine months ended September 30, 2014 (shares and intrinsic value in thousands):

 

 

 

Number of shares

 

Weighted-average
exercise price

 

Weighted-average
remaining contractual
term

 

Aggregate intrinsic
value

 

Outstanding at December 31, 2013

 

1,730 

 

$

11.20 

 

9.3 

 

$

2,208 

 

Granted

 

140 

 

11.56 

 

9.7 

 

 

Exercised

 

 

 

 

 

Forfeited

 

 

 

 

 

Expired

 

 

 

 

 

Outstanding at September 30, 2014

 

1,870 

 

$

11.23 

 

8.6 

 

$

581 

 

Vested at September 30, 2014

 

623 

 

$

11.04 

 

8.4 

 

$

231 

 

Exercisable at September 30, 2014

 

623 

 

$

11.04 

 

8.4 

 

$

231 

 

 

Summary of restricted share activity

The following table summarizes restricted share activity for the nine months ended September 30, 2014 (shares in thousands):

 

 

 

Number of shares

 

Weighted-average
grant date fair
value

 

Outstanding at December 31, 2013

 

945

 

$

10.18

 

Granted

 

79

 

11.34

 

Vested

 

(285

)

11.25

 

Forfeited

 

 

 

Outstanding at September 30, 2014

 

739

 

$

9.89

 

 

Time Based Stock Option [Member] | Black Scholes Pricing Model [Member]
 
Equity Incentive Plans  
Schedule of valuation assumptions

                                                                                          

 

 

Black-Scholes Option Valuation Assumptions

 

Nine Months Ended
September 30, 2014

 

2013

 

Risk-free interest rate

 

1.76%-1.92%

 

.93%-2.03%

 

Dividend yield

 

 

 

Volatility

 

28.4%-30.9%

 

34.4%-36.7%

 

Weighted-average expected term (years)

 

6.0-6.3

 

6.0 

 

 

Event Based Stock Option [Member] | Monte Carlo Simulation Model [Member]
 
Equity Incentive Plans  
Schedule of valuation assumptions

 

 

Monte Carlo Option Valuation Assumptions

 

Nine Months Ended
September 30, 2014

 

2013

 

Risk-free interest rate

 

 

1.78% 

 

Dividend yield

 

 

 

Volatility

 

 

36.7% 

 

Weighted-average expected term (years)

 

 

5.4-5.8

 

 

Event Based Restricted Stock [Member] | Monte Carlo Simulation Model [Member]
 
Equity Incentive Plans  
Schedule of valuation assumptions

 

 

 

Monte Carlo Option Valuation Assumptions

 

Nine Months Ended
September 30, 2014

 

2013

 

Risk-free interest rate

 

 

0.52% 

 

Dividend yield

 

 

 

Volatility

 

 

36.7% 

 

Weighted-average expected term (years)

 

 

0.6-1.3