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Employee Benefits and Stock Compensation (Tables)
12 Months Ended
Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of Stock Option and SSARs Activity
The following table presents a summary of stock option and SSARs activity for the years ended December 31, 2014, 2013 and 2012:
 
 
 
Number of
Shares
 
Option or
SSAR Exercise
Price
Per Share
 
Weighted
Average
Exercise Price
 
Aggregate
Intrinsic
Value
 
Dec. 31, 2011
 
 
107,000
 
 
85.40 – 136.80
 
 
107.10
 
 
0
 
Granted
 
 
0
 
 
0
 
 
0
 
 
 
 
Exercised
 
 
0
 
 
0
 
 
0
 
 
 
 
Expired
 
 
0
 
 
0
 
 
0
 
 
 
 
Cancelled
 
 
(20,000)
 
 
85.40 – 133.60
 
 
113.30
 
 
 
 
Dec. 31, 2012
 
 
87,000
 
 
85.40 – 136.80
 
 
105.60
 
 
0
 
Granted
 
 
49,000
 
 
11.00
 
 
11.00
 
 
 
 
Exercised
 
 
0
 
 
0
 
 
0
 
 
 
 
Expired
 
 
(28,000)
 
 
85.40
 
 
85.40
 
 
 
 
Cancelled
 
 
(6,000)
 
 
111.10 – 136.80
 
 
113.57
 
 
 
 
Dec. 31, 2013
 
 
102,000
 
 
11.00 – 133.60
 
 
65.10
 
 
0
 
Granted
 
 
413,000
 
 
10.54 – 10.97
 
 
10.67
 
 
 
 
Exercised
 
 
0
 
 
0
 
 
0
 
 
 
 
Expired
 
 
(11,500)
 
 
112.00
 
 
112.00
 
 
 
 
Cancelled
 
 
(10,500)
 
 
11.00 – 133.60
 
 
50.55
 
 
 
 
Dec. 31, 2014
 
 
493,000
 
 
10.54 – 133.60
 
 
18.72
 
 
0
 
 
No stock options were exercised during 2014. No windfall tax benefits were realized from the exercise of stock options and no cash was utilized to settle equity instruments granted under stock option awards.
Summary of Stock Options Outstanding and Exercisable
The following table summarizes information about stock options outstanding and exercisable at December 31, 2014:
 
Options / SSARs Outstanding
 
Options / SSARs Exercisable (Vested)
 
Number of
Shares
Outstanding
 
Weighted Average
Remaining
Contractual Life
in Years
 
Number of
Shares
Exercisable
 
Weighted
Average
Exercise
Price
 
Weighted Average
Remaining
Contractual Life
in Years
 
Aggregate
Intrinsic
Value
 
 
493,000
 
 
8.62
 
 
101,000
 
$
49.73
 
 
6.49
 
$
188,000
 
Summary of Non-Vested Restricted Stock Awards and Units
Non-vested restricted stock units totaling 191,000 were outstanding at December 31, 2014, and are as follows:
 
Number of
Non-Vested
Restricted Stock
Units
 
Remaining
Unrecognized
Compensation Cost
 
Weighted Average
Remaining Recognition
Period in Years
 
191,000
 
$
1,929,000
 
 
4.00
 
Equity Option [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of Non-Vested Stock Activity
At December 31, 2014, non-vested stock options after adjusting for potential forfeiture experience outstanding at December 31, 2014, are as follows:
 
Number of
Non-Vested
Stock Options
 
Weighted
Average
Remaining
Contractual Life
In Years
 
Weighted
Average
Fair Value
 
Remaining
Unrecognized
Compensation
Cost
 
Weighted
Average
Remaining
Recognition
Period in Years
 
 
392,000
 
 
9.17
 
$
2.32
 
$
774,244
 
 
2.34
 
Restricted Stock Units (RSUs) [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of Non-Vested Restricted Stock Awards and Units
Non-vested restricted stock awards totaling 170,000 shares were outstanding at December 31, 2014, 2,000 more than at December 31, 2013, and are as follows:
 
Number of
Non-Vested
Restricted Stock
Award Shares
 
Remaining
Unrecognized
Compensation Cost
 
Weighted Average
Remaining Recognition
Period in Years
 
170,000
 
$
1,114,000
 
 
2.85