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Share Based Compensation, 401(k) Plan and Deferred Compensation (Tables)
12 Months Ended
Dec. 31, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Option Activity

Option activity as of December 31, 2017 and changes during the year-ended December 31, 2017 were as follows:

 

 

Shares

 

 

Weighted Average Exercise Price

 

 

Weighted Average Remaining Contractual Term (in years)

 

 

Aggregate Intrinsic Value

 

Outstanding at January 1, 2017

 

2,377,778

 

 

$

15.36

 

 

 

2.15

 

 

 

 

 

Exercised

 

(128,330

)

 

$

9.59

 

 

 

 

 

 

$

919,582

 

Forfeited/Expired

 

(10,858

)

 

$

20.61

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2017

 

2,238,590

 

 

$

15.67

 

 

 

1.10

 

 

$

8,735,293

 

Vested/Exercisable at December 31, 2017

 

2,238,590

 

 

$

15.67

 

 

 

1.10

 

 

$

8,735,293

 

 

Company's Restricted Share Activity

The following table summarizes the Company’s restricted share activity during the year-ended December 31, 2017:

 

 

Shares

 

 

Weighted Average Grant Date Fair Value

 

 

Aggregate Intrinsic Value

 

Non-vested at January 1, 2017

 

488,604

 

 

$

14.10

 

 

$

8,066,852

 

Granted

 

170,192

 

 

 

16.77

 

 

 

2,854,165

 

Vested

 

(189,704

)

 

 

14.40

 

 

 

3,227,342

 

Forfeited

 

(13,449

)

 

 

14.83

 

 

 

 

 

Non-vested at December 31, 2017

 

455,643

 

 

$

14.95

 

 

$

8,288,146

 

 

Schedule of Restricted Performance Share Units Plan

The table below presents certain information as to unvested RPSU awards.

 

 

RPSU Grant

 

 

2/23/2015

 

 

2/22/2016

 

 

3/1/2017

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Amounts below in shares, unless otherwise noted)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-vested at January 1, 2017

 

147,589

 

 

 

231,388

 

 

 

-

 

 

 

378,977

 

   Units Granted

 

-

 

 

 

-

 

 

 

174,854

 

 

 

174,854

 

Units Cancelled

 

(2,274

)

 

 

(3,311

)

 

 

(2,443

)

 

 

(8,028

)

Non-vested at December 31, 2017

 

145,315

 

 

 

228,077

 

 

 

172,411

 

 

 

545,803

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Measurement Period Commencement Date

1/1/2015

 

 

1/1/2016

 

 

1/1/2017

 

 

 

 

 

Measurement Period End Date

12/31/2017

 

 

12/31/2018

 

 

12/31/2019

 

 

 

 

 

Units Granted

 

186,395

 

 

 

231,388

 

 

 

174,854

 

 

 

 

 

Fair Value of Units on Grant Date (in thousands)

$

3,933

 

 

$

3,558

 

 

$

3,735