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Share-based Compensation (Tables)
6 Months Ended
Jun. 30, 2015
Share-based Compensation.  
Schedule of status and changes in stock option plans

 

A summary of the status of and changes in the Company’s stock option awards for the six months ended June 30, 2015 follows:

 

 

 

 

 

Weighted-

 

Weighted-

 

 

 

 

 

Average

 

Average

 

 

 

 

 

Exercise

 

Remaining Contractual

 

 

 

Shares

 

Price

 

Term

 

Outstanding at beginning of year

 

510,130 

 

$

16.33 

 

 

 

Granted

 

 

 

 

 

Exercised

 

 

 

 

 

Forfeited

 

1,550 

 

19.41 

 

 

 

Expired

 

143,824 

 

19.09 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at end of period

 

364,756 

 

$

15.23 

 

1.84 

 

 

 

 

 

 

 

 

 

 

Exercisable at end of period

 

364,756 

 

$

15.23 

 

1.84 

 

 

Summary of the changes in the company's stock unit awards

A summary of the changes in the Company’s stock unit awards for the six months ended June 30, 2015, is as follows:

 

 

 

 

 

Director

 

 

 

Weighted-

 

 

 

Restricted

 

Deferred

 

 

 

Average

 

 

 

Stock

 

Stock

 

 

 

Grant Date

 

 

 

Units

 

Units

 

Total

 

Fair Value

 

Non-vested at beginning of year

 

1,183,870

 

55,745

 

1,239,615

 

$

5.25

 

Granted

 

326,836

 

53,695

 

380,531

 

6.69

 

Dividend Equivalents Earned

 

19,005

 

2,369

 

21,374

 

6.19

 

Vested

 

(16,268

)

(38,695

)

(54,963

)

5.60

 

Forfeited

 

(39,158

)

 

(39,158

)

5.19

 

 

 

 

 

 

 

 

 

 

 

Non-vested at end of period

 

1,474,285

 

73,114

 

1,547,399

 

$

5.61

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at end of period

 

1,474,285

 

202,121

 

1,676,406

 

$

5.58