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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of restricted share and performance share activity
A summary of restricted share activity for the three months ended March 31, 2017 is as follows:

 
2017
 
Time-Based
 
Performance-Based
 
Number of Shares
 
Weighted Average
Grant Date
Fair Value
 
Number of Shares
 
Weighted Average
Grant Date
Fair Value
 
(In whole shares)
 
 
 
(In whole shares)
 
 
Outstanding - beginning of year
216,916

 
$
36.94

 
165,000

 
$
34.78

Granted
15,500

 
42.60

 

 

Vested
(9,499
)
 
35.13

 
(55,000
)
 
34.78

Performance-based to time-based (a)
110,000

 
34.78

 
(110,000
)
 
34.78

Canceled or expired
(2,000
)
 
37.87

 

 

Outstanding - end of period
330,917

 
$
36.53

 

 
$


(a) During the first quarter of 2017, 55,000 of the performance-based restricted shares granted in 2016 fully vested based on the achievement of the performance criteria. In accordance with the grant agreements, the remaining 110,000 shares became time-based, vesting over the remaining two years of the requisite service period.