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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2014
Restricted Stock Units (RSU) and Performance Share Awards (PSAs) [Member]
 
Summary of Stock Option Activity

The following table summarizes RSU and PSA activity during periods indicated:

 

Units

   2014     2013  

Balance January 1,

     1,001,814        847,679   

Granted

     167,255        180,602   

Forfeited

     (38,458     (36,435

Shares delivered

     (239,394     (111,730
  

 

 

   

 

 

 

Balance June 30,

     891,217        880,116   
  

 

 

   

 

 

 
Compensation Expense for Stock Option Activity

The following table sets forth aggregate RSU and PSA compensation expense for the periods indicated:

 

     June 30  

In thousands

   2014      2013  

Three months ended

   $ 441       $ 604   

Six months ended

     1,020         1,324   
Stock Only Stock Appreciation Rights (SOSARs) [Member]
 
Summary of Stock Option Activity

The following table sets forth information related to outstanding SOSARS.

 

     2014      2013  

SOSARS

   Shares     Wtd Avg
Exercise
Price
     Shares     Wtd Avg
Exercise
Price
 

Outstanding at January 1,

     1,977,133      $ 13.91         2,121,454      $ 12.93   

Granted

     275,529        29.89         361,923        18.36   

Exercised

     (19,199     15.57         (435,562     12.63   

Canceled / forfeited

     (24,719     18.85         (73,901     16.25   
  

 

 

      

 

 

   

Outstanding at June 30,

     2,208,744      $ 15.83         1,973,914      $ 13.87   

SOSAR Grants

                         

Weighted average grant date fair value per share

   $ 9.85         $ 5.64     

Aggregate grant date fair value (in thousands)

   $ 2,713         $ 2,042     

Black-Scholes assumptions

         

Dividend yield

     1.47        2.18  

Risk free rate of return

     1.73        0.99  

Volatility

     37.59        39.62  

Expected life

     6 yrs           6 yrs     
Compensation Expense for Stock Option Activity

The following table sets forth SOSAR compensation expense for the periods indicated:

 

     June 30  

In thousands

   2014      2013  

Three months ended

   $ 559       $ 415   

Six months ended

     1,008         800