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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2015
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

   2015     2014  

Balance at January 1,

     888,942        1,001,814   

Granted

     160,514        173,206   

Forfeited

     (87,567     (45,355

Shares delivered

     (286,857     (239,394
  

 

 

   

 

 

 

Balance at September 30,

     675,032        890,271   
  

 

 

   

 

 

 
Compensation Expense for Stock Option Activity

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

 

     September 30  

In thousands

   2015      2014  

Three months ended

   $ 395       $ 854   

Nine months ended

     1,214         1,874   
Stock Only Stock Appreciation Rights (SOSARs) [Member]  
Summary of Stock Option Activity

The following table sets forth information related to outstanding SOSARS.

 

     2015      2014  

SOSARS

   Shares     Wtd Avg
Exercise
Price
     Shares     Wtd Avg
Exercise
Price
 

Outstanding at January 1,

     1,864,707      $ 16.20         1,977,133      $ 13.91   

Granted

     423,590        24.62         281,881        29.22   

Exercised

     (70,347     14.12         (26,245     15.67   

Canceled / forfeited

     (17,559     25.24         (29,842     19.36   
  

 

 

      

 

 

   

Outstanding at September 30,

     2,200,391      $ 17.82         2,202,927      $ 15.77   

SOSAR Grants

                         

Weighted average grant date fair value per share

   $ 7.46         $ 9.81     

Aggregate grant date fair value (in thousands)

   $ 3,134         $ 2,764     

Black-Scholes assumptions

         

Dividend yield

     1.94        1.48  

Risk free rate of return

     1.64        1.74  

Volatility

     36.38        37.59  

Expected life

     6 yrs           6 yrs     
Compensation Expense for Stock Option Activity

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

 

     September 30  

In thousands

   2015      2014  

Three months ended

   $ 671       $ 577   

Nine months ended

     1,940         1,585