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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2016
Restricted Stock Units (RSU) and Performance Share Awards (PSAs) [Member]  
Summary of Share Based Compensation Activity

The following table summarizes RSU and PSA activity during the past three years:

Units

2016

 

 

 

2015

 

 

 

2014

 

Balance at January 1,

 

674,523

 

 

 

 

888,942

 

 

 

 

1,001,814

 

Granted

 

302,722

 

 

 

 

164,666

 

 

 

 

178,882

 

Forfeited

 

(148,232

)

 

 

 

(92,183

)

 

 

 

(47,379

)

Shares delivered

 

(149,975

)

 

 

 

(286,902

)

 

 

 

(244,375

)

Balance at December 31,

 

679,038

 

 

 

 

674,523

 

 

 

 

888,942

 

 

Compensation Expense for Stock Option Activity

 

2016

 

 

 

2015

 

 

 

2014

 

Compensation expense

$

3,154

 

 

 

$

1,758

 

 

 

$

2,652

 

 

Stock Only Stock Appreciation Rights (SOSARs) [Member]  
Summary of Share Based Compensation Activity

The following table sets forth information related to outstanding SOSARS:

 

2016

 

 

 

2015

 

 

2014

 

 

SOSARS

Shares

 

 

 

Wtd Avg Exercise Price

 

 

 

Shares

 

 

Wtd Avg

Exercise Price

 

 

Shares

 

 

Wtd Avg

Exercise Price

 

 

Outstanding at January 1,

 

2,199,742

 

 

 

$

17.82

 

 

 

 

1,864,707

 

 

$

16.20

 

 

 

1,977,133

 

 

$

13.91

 

 

Granted

 

743,925

 

 

 

 

17.54

 

 

 

 

423,590

 

 

 

24.62

 

 

 

281,881

 

 

29.78

 

 

Exercised

 

(61,190

)

 

 

 

10.70

 

 

 

 

(70,347

)

 

 

14.12

 

 

 

(364,465

)

 

 

13.99

 

 

Canceled / forfeited

 

(145,861

)

 

 

 

22.80

 

 

 

 

(18,208

)

 

 

25.41

 

 

 

(29,842

)

 

 

19.36

 

 

Outstanding at December 31,

 

2,736,616

 

 

 

$

17.64

 

 

 

 

2,199,742

 

 

$

17.82

 

 

 

1,864,707

 

 

$

16.20

 

 

Exercisable at December 31,

 

1,740,591

 

 

 

 

16.19

 

 

 

 

1,504,599

 

 

14.48

 

 

 

1,285,998

 

 

 

12.94

 

 

Vested and expected to vest

 

2,725,611

 

 

 

 

 

 

 

 

 

2,178,708

 

 

 

 

 

 

 

1,754,295

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SOSAR Grants

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average grant date

   fair value per share

$

4.07

 

 

 

 

 

 

 

 

$

7.46

 

 

 

 

 

 

$

9.81

 

 

 

 

 

 

Aggregate grant date

   fair value (in thousands)

$

3,013

 

 

 

 

 

 

 

 

$

3,134

 

 

 

 

 

 

$

2,764

 

 

 

 

 

 

Black-Scholes assumptions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividend yield

 

2.85

%

 

 

 

 

 

 

 

 

1.94

%

 

 

 

 

 

 

1.48

%

 

 

 

 

 

Risk free rate of return

 

1.34

%

 

 

 

 

 

 

 

 

1.64

%

 

 

 

 

 

 

1.74

%

 

 

 

 

 

Volatility

 

31.97

%

 

 

 

 

 

 

 

 

36.38

%

 

 

 

 

 

 

37.59

%

 

 

 

 

 

Expected life

6

 

 

 

 

 

 

 

 

6

 

 

 

 

 

 

6

 

 

 

 

 

 

Compensation expense

   (in thousands)

$

2,735

 

 

 

 

 

 

 

 

$

2,645

 

 

 

 

 

 

$

2,086