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Shareholders' Equity and Common Stock Equivalents (Tables)
12 Months Ended
Dec. 31, 2014
Shareholders' Equity and Stock Options [Abstract]  
Summary of stock units and stock options outstanding under the Comprehensive Plan
As further described in the paragraphs below, outstanding stock units and stock options under the Comprehensive Plan were as follows:
 
December 31,
2014
2013
2012
Common stock units related to deferred compensation for Directors
87,993
118,062
111,928
Common stock units related to deferred compensation for employees
69,598
111,981
116,174
Stock options
634,437
956,814
1,882,939
Restricted common stock units related to incentive compensation
1,590,138
1,663,190
1,423,611
Total
2,382,166
2,850,047
3,534,652
Summary of changes in outstanding options
Changes in outstanding options were as follows:
 
 
 
Weighted Average
 
 
Range of
 
Options
 
 
 
Option Price
 
 
Option Prices
 
 
Vested and
 
 
 
per Share
 
 
per Share
 
Outstanding
Exercisable
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2013
 
$
17.49
 
 
$ 6.91-$30.24
 
956,814
 
 
314,445
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Granted
 
$
28.88
 
 
$28.88-$28.91
 
175,632
 
 
-
 
Vested
 
$
17.78
 
 
$13.83-$30.24
 
-
 
 
392,142
 
Exercised
 
$
16.50
 
 
$ 6.91-$22.69
 
(435,665)
 
 
(435,665)
 
Forfeited
 
$
18.53
 
 
$13.83-$20.60
 
(62,344)
 
 
(62,344)
 
Expired
 
 
-
 
 
-
 
-
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2014
 
$
21.22
 
 
$ 6.91-$30.24
 
634,437
 
 
208,578
 
Summary of options outstanding segregated by ranges of exercise prices
Option information segregated by ranges of exercise prices was as follows:
 
 
 
 
December 31, 2014
 
 
 
 
 
 
Total Outstanding Options
 
Vested and Exercisable Options
 
 
 
 
 
 
 
 
 
Weighted
 
Weighted
 
 
 
 
Weighted
 
Weighted
 
 
 
 
Range of
 
 
 
 
Average
 
Average
 
 
 
 
Average
 
Average
 
 
 
 
Option Prices
 
 
 
 
Option Price
 
Remaining
 
 
 
 
Option Price
 
Remaining
 
 
 
 
per Share
 
Options
 
 
per Share
 
Term
 
Options
 
 
per Share
 
Term
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$ 6.91-$17.01
 
148,244
 
 
$16.12
 
2.9 years
 
109,438
 
 
$15.83
 
2.8 years
 
 
 
 
$17.32-$22.69
 
307,373
 
 
$19.20
 
4.7 years
 
98,343
 
 
$18.63
 
4.5 years
 
 
 
 
$28.88-$30.24
 
178,820
 
 
$28.91
 
9.2 years
 
797
 
 
$30.24
 
6.0 years
 
Total
 
 
$ 6.91-$30.24
 
634,437
 
 
$21.22
 
5.5 years
 
208,578
 
 
$17.20
 
3.6 years
 
Summary of changes in outstanding restricted common stock units
Changes in outstanding restricted common stock units were as follows:
 
 
 
Total Outstanding Units
 
Vested Units
 
 
 
 
 
 
 
Weighted Average
 
 
 
 
Weighted Average
 
 
 
 
 
 
 
Grant Date Fair
 
 
 
 
Grant Date Fair
 
 
 
Units
 
 
 
Value per Unit
 
Units
 
 
Value per Unit
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2013
 
1,663,190
 
 
$
$19.41
 
675,159
 
$
$12.56
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Granted (1)
 
264,064
 
 
$
$28.19
 
-
 
 
-
 
Vested
 
-
 
 
 
-
 
448,451
 
$
$18.60
 
Forfeited
 
(66,560)
 
 
$
$18.36
 
-
 
 
-
 
Distributed (2)
 
(270,556)
 
 
$
$16.91
 
(270,556)
 
$
$16.91
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2014
 
1,590,138
 
 
$
$21.34
 
853,054
 
$
$14.36
 
___________________________
(1)
Includes dividends reinvested into additional restricted common stock units.
(2)
Includes distributed units which were utilized to satisfy withholding taxes due on the distribution.