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Stock Incentive Plans (Tables)
12 Months Ended
Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Information Concerning Restricted Stock Awards

The following table summarizes certain information concerning restricted stock awards:

 

    2015     Weighted
Average
Grant
Price per
Share
    2014     Weighted
Average
Grant
Price per
Share
    2013     Weighted
Average
Grant
Price per
Share
 

Unvested shares outstanding at beginning of year

    1,354,093      $ 11.86        1,729,033      $ 10.23        1,913,073      $ 9.17   

Granted

    664,337        13.25        387,165        13.50        361,664        11.10   

Net adjustment due to performance

    13,115        19.74        (36,600     12.01        165,545        9.60   

Vested

    (484,010     10.70        (707,074     8.81        (734,129     7.90   

Forfeited

    (41,130     13.24        (65,399     11.72        (37,828     10.42   

Dividend reinvestment

    42,039        11.86        46,968        12.66        60,708        11.82   
 

 

 

     

 

 

     

 

 

   

Unvested shares outstanding at end of year

    1,548,444        12.85        1,354,093        11.86        1,729,033        10.23   
 

 

 

     

 

 

     

 

 

   
Components of Restricted Stock Awards

The components of the restricted stock awards as of December 31, 2015 are as follows:

 

     Service-
Based

Awards
     Performance-
Based
Awards
     Total  

Unvested shares

     632,054         916,390         1,548,444   

Unrecognized compensation expense

   $ 3,737       $ 5,542       $ 9,279   

Intrinsic value

   $ 8,432       $ 12,225       $ 20,657   

Weighted average remaining life (in years)

     1.92         2.58         2.31   
Summary of Information Concerning Stock Option Awards

The following table summarizes certain information concerning stock options:

 

    2015     Weighted
Average
Price per
Share
    2014     Weighted
Average
Price per
Share
    2013     Weighted
Average
Price per
Share
 

Options outstanding at beginning of year

    568,834      $ 8.86        533,524      $ 11.50        640,050      $ 13.21   

Assumed from acquisitions

                  805,507        7.39        274,964        11.16   

Exercised

    (93,822     5.94        (690,973     7.75        (69,429     7.46   

Forfeited

    (39,672     15.66        (79,224     21.40        (312,061     15.58   
 

 

 

     

 

 

     

 

 

   

Options outstanding and exercisable at end of year

    435,340        8.86        568,834        8.86        533,524        11.50   
 

 

 

     

 

 

     

 

 

   
Summary of Stock Options Outstanding

The following table summarizes information about stock options outstanding at December 31, 2015:

 

Range of Exercise

Prices

   Options
Outstanding
and Exercisable
     Weighted Average
Remaining
Contractual Years
     Weighted Average
Exercise Price
 

$3.45 - $5.18

     147,461         4.12       $ 4.74   

$5.19 - $7.78

     91,824         1.69         6.17   

$11.69 - $17.54

     190,285         1.74         12.68   

$26.33 - $36.42

     5,770         0.84         31.25   
  

 

 

       
     435,340         
  

 

 

       
Summary of Stock Options Exercised

The following table summarizes certain information relating to stock options exercised:

 

Year Ended December 31    2015      2014      2013  

Proceeds from stock options exercised

   $ 557       $ 3,292       $ 365   

Tax benefit recognized from stock options exercised

     130         808         79   

Intrinsic value of stock options exercised

     693         3,289         318