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SHARE-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Transactions Involving Stock Units and Director Stock Grants
Transactions involving our stock units and director stock grants during the three months ended March 31, 2016 and 2015 are summarized below:
 
 
Three Months Ended
March 31, 2016
 
Three Months Ended
March 31, 2015
 
(unaudited)
 
(unaudited)
 
No. of Stock
Units
 
Weighted
Average
Fair Value
 
No. of Stock
Units
 
Weighted
Average
Fair Value
 
(in thousands)
 
 
 
(in thousands)
 
 
Stock and stock units, beginning of period
371

 
$
36.26

 
328

 
$
36.14

Changes during the period:
 
 
 
 
 
 
 
Granted
70

 
$
25.30

 

 
$

Assumed - Furmanite acquisition
40

 
$
25.63

 

 
$

Vested and settled

 
$

 
(1
)
 
$
35.87

Cancelled
(3
)
 
$
28.09

 
(2
)
 
$
35.51

Stock and stock units, end of period
478

 
$
33.83

 
325

 
$
36.14

Summary of Transactions Involving Performance Awards
Transactions involving our performance awards during the three months ended March 31, 2016 and 2015 are summarized below:
 
 
Three Months Ended
March 31, 2016
 
Three Months Ended
March 31, 2015
 
(unaudited)
 
(unaudited)
 
No. of
Performance
Awards
 
Weighted
Average
Fair Value
 
No. of
Performance
Awards
 
Weighted
Average
Fair Value
 
(in thousands)
 
 
 
(in thousands)
 
 
Performance awards, beginning of period
13

 
$
35.15

 
28

 
$
32.86

Changes during the period:
 
 
 
 
 
 
 
Granted

 
$

 

 
$

Vested and settled

 
$

 

 
$

Cancelled

 
$

 

 
$

Performance awards, end of period
13

 
$
35.15

 
28

 
$
32.86

Transactions involving our performance awards during the three months ended March 31, 2016 and 2015 are summarized below:
 
 
Three Months Ended
March 31, 2016
 
Three Months Ended
March 31, 2015
 
(unaudited)
 
(unaudited)
 
No. of Stock
Units
 
Weighted
Average
Fair Value
 
No. of Stock
Units
 
Weighted
Average
Fair Value
 
(in thousands)
 
 
 
(in thousands)
 
 
Long-term performance stock units, beginning of period
59

 
$
37.16

 
23

 
$
42.25

Changes during the period:
 
 
 
 
 
 
 
Granted

 
$

 

 
$

Vested and settled

 
$

 

 
$

Cancelled

 
$

 

 
$

Long-term performance stock units, end of period
59

 
$
37.16

 
23

 
$
42.25

Summary of Transactions Involving Stock Options
Transactions involving our stock options during the three months ended March 31, 2016 and 2015 are summarized below:
 
 
Three Months Ended
March 31, 2016
 
Three Months Ended
March 31, 2015
 
(unaudited)
 
(unaudited)
 
No. of
Options
 
Weighted
Average
Exercise Price
 
No. of
Options
 
Weighted
Average
Exercise Price
 
(in thousands)
 
 
 
(in thousands)
 
 
Shares under option, beginning of period
376

 
$
25.71

 
691

 
$
21.26

Changes during the period:
 
 
 
 
 
 
 
Granted

 
$

 

 
$

Assumed - Furmanite acquisition
132

 
$
33.20

 

 
$

Exercised
(64
)
 
$
15.67

 
(81
)
 
$
12.80

Cancelled
(2
)
 
$
50.10

 

 
$

Expired
(5
)
 
$
30.33

 

 
$

Shares under option, end of period
437

 
$
29.26

 
610

 
$
22.39

Exercisable at end of period
419

 
$
28.92

 
610

 
$
22.39

Total Options Outstanding, Range of Exercise Prices and Remaining Contractual Lives
Options exercisable at March 31, 2016 had a weighted-average remaining contractual life of 2.3 years. For total options outstanding at March 31, 2016, the range of exercise prices and remaining contractual lives are as follows:
 
Range of Prices
No. of
Options
 
Weighted
Average
Exercise Price
 
Weighted
Average
Remaining
Life
 
(in thousands)
 
 
 
(in years)
$10.09 to $15.14
34

 
$
12.69

 
0.5
$15.15 to $20.19
5

 
$
15.27

 
0.6
$20.20 to $25.24
17

 
$
21.57

 
4.9
$25.25 to $30.28
62

 
$
27.76

 
1.4
$30.29 to $35.33
283

 
$
30.85

 
2.5
$35.34 to $40.38
25

 
$
36.00

 
1.1
$40.39 to $50.47
11

 
$
50.40

 
5.3
 
437

 
$
29.26

 
2.3