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Stockholders' Equity and Equity Compensation (Tables)
3 Months Ended
Mar. 31, 2015
Equity [Abstract]  
Summary of all stock award activity
The following table summarizes all stock award activity during the quarter ended March 31, 2015:
 
Stock Awards
 
Weighted
Average
Award Date
Fair Value
Outstanding at January 1, 2015
767,540

 
$
21.93

Restricted shares awarded

 

Restricted stock units awarded
618,914

 
17.22

Restricted shares distributed
(79,110
)
 
19.22

Restricted stock units distributed
(10,856
)
 
19.17

Restricted shares forfeited
(18,195
)
 
23.23

Restricted stock units forfeited
(7,093
)
 
24.15

Outstanding at March 31, 2015
1,271,200

 
$
19.80

Summary of all deferred stock unit activity
The following table summarizes all deferred stock unit activity during the quarter ended March 31, 2015:

Deferred
Stock
Units

Weighted
Average
Award Date
Fair Value
Outstanding at January 1, 2015
221,471

 
$
20.10

Awarded
2,437

 
17.33

Distributed
(3,257
)
 
26.10

Outstanding at March 31, 2015
220,651

 
$
19.98

Summary of stock option activity
The following table summarizes all stock option activity during the quarter ended March 31, 2015:

Shares

Weighted
Average
Exercise
Price
Outstanding at January 1, 2015
503,134

 
$
18.18

Granted

 

Exercised
(100,191
)
 
12.97

Canceled/Expired

 

Outstanding at March 31, 2015
402,943

 
$
19.48

Exercisable at March 31, 2015
392,338

 
$
19.46

Financial data for stock option exercises
Financial data for stock option exercises are summarized in the following table (in thousands):

Quarters Ended March 31,

2015
 
2014
Amount collected from stock option exercises
$
1,299

 
$
1,190

Total intrinsic value of stock option exercises
273

 
444

Tax benefit of stock option exercises recorded in additional paid-in-capital
100

 
34

Aggregate intrinsic value of outstanding stock options
543

 
7,835

Aggregate intrinsic value of exercisable stock options
543

 
7,095

Summary of valuation assumptions
The fair value of stock options awarded during the quarter ended March 31, 2014 was estimated at the date of grant based on the assumptions presented in the table below:

Quarter Ended
March 31, 2014
Grant-date fair value
$11.27
Volatility
41.6%
Expected term (years)
7.0
Dividend yield
—%
Risk-free rate
2.3%