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Share-Based Plans (Tables)
6 Months Ended
Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Allocation of Share-based Compensation Costs by Plan
The following table provides a summary of stock compensation expense recognized in the accompanying Condensed Consolidated Statements of Income:
 
Three months ended June 30,
 
Six months ended June 30,
(In thousands)
2015
 
2014
 
2015
 
2014
Stock options
$
68

 
$
224

 
$
232

 
$
776

Restricted stock
2,926

 
2,553

 
5,044

 
4,774

Total stock compensation expense
$
2,994

 
$
2,777

 
$
5,276

 
$
5,550

Schedule of Unrecognized Share-based Compensation Expense
The following table provides a summary of unrecognized stock compensation expense:
 
At June 30, 2015
(Dollars in thousands)
Unrecognized Compensation Expense
Weighted-Average Period To Be Recognized
Stock options
$
190

0.7 years
Restricted stock
$
17,070

2.1 years
Schedule of Share-based Compensation, Activity
The following table provides a summary of the activity under the Plans for the six months ended June 30, 2015:
 
Restricted Stock Awards Outstanding
 
Stock Options Outstanding
 
Time-Based
 
Performance-Based
 
 
Number of
Shares
Weighted-Average
Grant Date
Fair Value
 
Number of
Units
Weighted-Average
Grant Date
Fair Value
 
Number of
Shares
Weighted-Average
Grant Date
Fair Value
 
Number of
Shares
Weighted-Average
Exercise Price
Outstanding, at January 1, 2015
243,015

$
27.03

 
2,279

$
29.34

 
130,193

$
28.61

 
1,900,144

$
24.95

Granted
212,025

34.75

 
12,531

34.45

 
138,591

36.15

 


Exercised options


 


 


 
(169,955
)
18.35

Vested restricted stock awards (1)
(113,142
)
28.10

 
(6,455
)
32.65

 
(84,075
)
30.77

 


Forfeited
(4,293
)
29.76

 


 


 
(58,710
)
42.39

Outstanding, at June 30, 2015
337,605

$
31.49

 
8,355

$
34.45

 
184,709

$
33.30

 
1,671,479

$
25.01

 
 
 
 
 
 
 
 
 
 
 
 
Options exercisable, at June 30, 2015
 
 
 
 
 
 
 
 
 
1,563,304

$
25.15

Options expected to vest, at June 30, 2015
 
 
 
 
 
 
 
 
 
103,916

$
23.00

(1)
Vested for purposes of recording compensation expense.