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Stockholders' Equity and Equity Compensation (Tables)
6 Months Ended
Jun. 30, 2015
Equity [Abstract]  
Summary of all stock award activity
The following table summarizes all stock award activity during the six months ended June 30, 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
691,781

 
17.25

Restricted shares distributed
(87,600
)
 
19.07

Restricted stock units distributed
(10,856
)
 
19.17

Restricted shares forfeited
(45,207
)
 
23.64

Restricted stock units forfeited
(27,950
)
 
20.06

Outstanding at June 30, 2015
1,287,708

 
$
19.62

Summary of all deferred stock unit activity
The following table summarizes all deferred stock unit activity during the six months ended June 30, 2015:

Deferred
Stock
Units

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

 
$
20.10

Awarded
51,199

 
18.61

Distributed
(12,819
)
 
19.89

Outstanding at June 30, 2015
259,851

 
$
19.81

Summary of stock option activity
The following table summarizes all stock option activity during the six months ended June 30, 2015:

Shares

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

 
$
18.18

Granted

 

Exercised
(100,191
)
 
12.97

Canceled/Expired
(5,546
)
 
24.21

Outstanding at June 30, 2015
397,397

 
$
19.41

Exercisable at June 30, 2015
392,338

 
$
19.44

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

Six Months Ended June 30,

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

 
$
7,645

Total intrinsic value of stock option exercises
273

 
3,088

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

 
(459
)
Aggregate intrinsic value of outstanding stock options
744

 
3,452

Aggregate intrinsic value of exercisable stock options
738

 
3,113

Summary of valuation assumptions
The fair value of stock options awarded during the six-month period ended June 30, 2014 was estimated at the date of grant based on the assumptions presented in the table below:
 
Six Months Ended
June 30, 2014
Grant-date fair value
$11.27
Volatility
41.6%
Expected term (years)
7.0
Dividend yield
—%
Risk-free rate
2.3%