XML 49 R34.htm IDEA: XBRL DOCUMENT v3.3.1.900
Stock-Based Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Stock Option Activity
Information related to stock options issued to officers, other employees and directors prior to 2010 under all plans is presented in the following table:
 
2015
 
2014
 
2013
 
Shares
 
Weighted
Average
Exercise
Price
 
Shares
 
Weighted
Average
Exercise
Price
 
Shares
 
Weighted
Average
Exercise
Price
Number of shares under option:
 

 
 

 
 

 
 

 
 

 
 

Outstanding — beginning of year
97,962

 
$
16.61

 
97,962

 
$
16.61

 
115,362

 
$
15.00

Exercised
(13,701
)
 
11.66

 

 

 
(17,400
)
 
5.91

Canceled

 

 

 

 

 

Outstanding — end of year
84,261

 
$
17.42

 
97,962

 
$
16.61

 
97,962

 
$
16.61

Exercisable — end of year
84,261

 
$
17.42

 
97,962

 
$
16.61

 
97,962

 
$
16.61

Additional Information Relating to the Ranges of Options Outstanding
Additional information relating to the ranges of options outstanding at December 31, 2015, is as follows:
 
Weighted Average Remaining Contractual Life
 
Options Outstanding and Exercisable
Range of Exercise
Prices per Share
 
Number Outstanding
 
Weighted Average Exercise Price per Share
$16.16 - $18.18
0.96
 
84,261

 
$
17.42

 
 
 
84,261

 
$
17.42

Schedule of Stock-Based Compensation
We recorded stock-based compensation for restricted shares as follows:
 
Year Ended December 31,
 
2015
 
2014
2013
 
(Amounts in millions)
Stock-based compensation expense
$
34.8

 
$
42.7

 
$
35.8

Related income tax benefit
(11.8
)
 
(14.6)
 
(12.3)
Net stock-based compensation expense
$
23.0

 
$
28.1

 
$
23.5

Information Regarding Restricted Shares
The following table summarizes information regarding Restricted Shares:
 
Year Ended December 31, 2015
 
Shares
 
Weighted Average
Grant-Date Fair Value
Number of unvested Restricted Shares:
 

 
 

Outstanding — beginning of year
1,856,548

 
$
52.29

Granted
777,730

 
53.64

Vested
(962,949
)
 
42.87

Canceled
(130,486
)
 
60.82

Outstanding — ending of year
1,540,843

 
$
58.14