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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2016
Restricted Awards  
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Schedule of Unvested Restricted Stock Awards

The following table sets forth the number of unvested restricted stock awards and the weighted-average fair value of these awards at the date of grant:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Restricted Awards

 

 

Weighted Average Fair Value at Grant Date

 

 

Aggregate Intrinsic Value(1)  ($000s)

 

Unvested balance December 31, 2015

 

 

241,140

 

 

$

25.82

 

 

 

 

 

Granted

 

 

308,146

 

 

$

20.56

 

 

 

 

 

Forfeited

 

 

(12,419

)

 

$

21.42

 

 

 

 

 

Vested

 

 

(42,976

)

 

$

26.34

 

 

 

 

 

Unvested balance, December 31, 2016

 

 

493,891

 

 

$

22.60

 

 

$

12,550

 

(1)

The aggregate intrinsic value is calculated as the market value of our common stock as of December 30, 2016. The market value as of December 30, 2016 was $25.41 per share, which was the closing price of our common stock reported for transactions effected on the NASDAQ Global Select Market on December 30, 2016, the final trading day of 2016.

Performance Awards  
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Schedule of Unvested Performance-based Restricted Stock Units Awards

The following table sets forth the number of unvested PSUs and the weighted-average fair value of these awards at the date of grant:

 

 

 

Performance Awards

 

 

Weighted Average Fair Value at Grant Date

 

 

Aggregate Intrinsic Value(1)  ($000s)

 

Unvested balance December 31, 2015

 

 

60,970

 

 

$

21.82

 

 

 

 

 

Granted

 

 

101,660

 

 

$

20.71

 

 

 

 

 

Forfeited

 

 

 

 

$

 

 

 

 

 

Vested

 

 

 

 

$

 

 

 

 

 

Unvested balance, December 31, 2016

 

 

162,630

 

 

$

21.13

 

 

$

4,132

 

 

(1)

The aggregate intrinsic value is calculated as the market value of our common stock as of December 30, 2016. The market value as of December 30, 2016 was $25.41 per share, which was the closing price of our common stock reported for transactions effected on the NASDAQ Global Select Market on December 30, 2016, the final trading day of 2016.

Schedule of Assumptions used to Value PSUs Granted

The following table summarizes the assumptions used to value the PSUs granted during the year ended December 31, 2016 and for the period from April 24, 2015 to December 31, 2015:

 

 

 

Year Ended

December 31, 2016

 

 

Period from

April 24 - December 31, 2015

 

Expected term (years)

 

 

3.0

 

 

 

2.9

 

Expected volatility

 

 

48.8

%

 

 

26.6

%

Expected annual dividend

 

 

0.0

%

 

 

0.0

%

Risk free rate

 

 

0.9

%

 

 

0.9

%