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Share-Based Employee Compensation (Tables)
12 Months Ended
Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Shares Authorized, Available for Future Grant and Outstanding Under Each Plans
The following table presents shares authorized, available for future grant and outstanding under each of the Company’s plans as of December 31, 2016:
 
Authorized
 
Available
 
Outstanding(1)
 
(In thousands)
2004 Incentive Plan
24,000

 
4,232

 
4,747

2013 Directors Plan
1,000

 
808

 
44

Total
25,000

 
5,040

 
4,791

 

(1)
Includes 10,000 shares of accrued incremental dividend equivalent rights on outstanding shares underlying restricted stock units granted under the 2004 Incentive Plan and 2013 Directors Plan.
Stock Option Activities
The following table summarizes the Company’s stock option activities for the year ended December 31, 2016 (in thousands, except price per share and contractual term):
Options
Number of
Shares
 
Weighted-
Average
Exercise Price
Per Share
 
Weighted-
Average
Remaining
Contractual
Term
 
Aggregate
Intrinsic
Value
Outstanding at January 1, 2016
2,425

 
$
8.55

 
 
 
 
Granted

 
$

 
 
 
 
Exercised
(375
)
 
$
7.04

 
 
 
 
Forfeited

 
$

 
 
 
 
Expired
(267
)
 
$
14.86

 
 
 
 
Outstanding at December 31, 2016
1,783

 
$
7.92

 
4.64
 
$
6,353

Vested and expected to vest in the future at December 31, 2016
1,782

 
$
7.92

 
4.64
 
$
6,350

Exercisable at December 31, 2016
1,759

 
$
7.93

 
4.62
 
$
6,258

Roll-Forward of Activity for Restricted Stock Units
The table below is a roll-forward of the activity for restricted stock units during the 12 months ended December 31, 2016 (in thousands, except fair value amounts):
Restricted Stock Units
Units
 
Weighted-
Average
Grant-Date
Fair Value
Nonvested at January 1, 2016
1,268

 
$
7.77

Granted
707

 
9.36

Vested
(541
)
 
7.12

Forfeited
(15
)
 
8.24

Nonvested at December 31, 20161
1,419

 
$
8.81


 
(1)
Excludes 10,000 shares of accrued incremental dividend equivalent rights on outstanding shares underlying restricted stock units granted under the 2004 Incentive Plan and 2013 Directors Plan.
Roll-Forward of Activity for Performance Share Units
The table below is a roll-forward of the activity for performance share units during the 12 months ended December 31, 2016 (in thousands, except fair value amounts):
Performance Share Units
Units
 
Weighted-
Average
Grant-Date
Fair Value
Nonvested at January 1, 20161
1,177

 
$
8.07

Granted
420

 
8.61

Vested

 

Forfeited
(18
)
 
7.97

Nonvested at December 31, 2016
1,579

 
$
8.24


 
(1)
Nonvested performance share units as of January 1, 2016, are comprised of 900,000 shares at the target award rate adjusted for shares earned by participants at 130.2% for awards granted in 2015 and 131.5% for awards granted in 2014.
Summary of Total Number of Stock Appreciation Rights Granted
The table below is a roll-forward of the activity for SARs during the 12 months ended December 31, 2016 (in thousands):
Stock Appreciation Rights
Units
 
Weighted-
Average
Exercise Price
Per Share
Nonvested and Outstanding at January 1, 2016
498

 
$
6.51

Granted

 

Exercised
(448
)
 
6.51

Forfeited

 

Outstanding at December 31, 2016
50

 
$
6.48

Share-Based Compensation Including Expense for Phantom Stock Units and Cash Settled Stock Appreciation Rights Granted to Employees
The table below summarizes the amounts recognized in the financial statements for the years ended December 31, 2016, 2015 and 2014 for share-based compensation, including expense for stock options, restricted stock units, performance share units, phantom stock units and cash settled stock appreciation rights (in thousands):
 
2016
 
2015
 
2014
Cost of sales
$
704

 
$
754

 
$
240

Operating expenses
8,581

 
10,466

 
5,087

Total cost of employee share-based compensation included in income (loss) before income tax
$
9,285

 
$
11,220

 
$
5,327