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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2017
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 periods indicated:

 

Units

2017

 

 

 

2016

 

Balance at January 1,

 

679,038

 

 

 

 

674,523

 

Granted

 

290,880

 

 

 

 

220,105

 

Forfeited

 

(90,801

)

 

 

 

(116,640

)

Shares delivered

 

 

 

 

 

(126,914

)

Balance at March 31,

 

879,117

 

 

 

 

651,074

 

 

Compensation Expense for Stock Option Activity

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

 

 

March 31

 

In thousands

2017

 

 

 

2016

 

Three months ended

$

1,039

 

 

 

$

467

 

 

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

The following table sets forth information related to outstanding SOSARS for the three months ended March 31;

 

 

2017

 

 

2016

 

SOSARS

Shares

 

 

 

Wtd Avg

Exercise

Price

 

 

Shares

 

 

Wtd Avg

Exercise

Price

 

Outstanding at January 1,

 

2,736,616

 

 

 

$

17.64

 

 

 

2,199,742

 

 

$

17.82

 

Granted

 

 

 

 

 

 

 

 

724,914

 

 

17.47

 

Exercised

 

(33,050

)

 

 

 

14.65

 

 

 

 

 

 

 

Canceled / forfeited

 

(17,420

)

 

 

 

18.38

 

 

 

(24,712

)

 

 

26.90

 

Outstanding at March 31,

 

2,686,146

 

 

 

$

17.67

 

 

 

2,899,944

 

 

$

17.65

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SOSAR Grants

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average grant date

   fair value per share

$

-

 

 

 

 

 

 

 

$

4.04

 

 

 

 

 

Aggregate grant date

   fair value (in thousands)

$

-

 

 

 

 

 

 

 

$

2,919

 

 

 

 

 

Black-Scholes assumptions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividend yield

 

-

 

 

 

 

 

 

 

 

2.87

%

 

 

 

 

Risk free rate of return

 

-

 

 

 

 

 

 

 

 

1.34

%

 

 

 

 

Volatility

 

-

 

 

 

 

 

 

 

 

32.01

%

 

 

 

 

Expected life

-

 

 

 

 

 

 

 

6 yrs

 

 

 

 

 

 

Compensation Expense for Stock Option Activity

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

 

 

March 31

 

In thousands

2017

 

 

 

2016

 

Three months ended

$

609

 

 

 

$

732