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Shareholders' Equity and Common Stock Equivalents (Tables)
12 Months Ended
Dec. 31, 2015
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,
 
 
 
 
2015
 
 
 
2014
 
 
 
2013
 
Common stock units related to deferred compensation for Directors
 
 
  85,200
 
 
 
  87,993
 
 
 
  118,062
 
Common stock units related to deferred compensation for employees
 
 
  55,443
 
 
 
  69,598
 
 
 
  111,981
 
Stock options
 
 
669,693
 
 
 
634,437
 
 
 
956,814
 
Restricted common stock units related to incentive compensation
 
 
  1,442,325
 
 
 
  1,590,138
 
 
 
  1,663,190
 
Total
 
 
2,252,661
 
 
 
2,382,166
 
 
 
2,850,047
 
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, 2014
 
 
$
21.22
 
 
 
$  6.91-$30.24
 
 
 
634,437
 
 
 
 
208,578
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Granted
 
 
$
32.44
 
 
 
$32.35-$33.41
 
 
 
142,908
 
 
 
 
-
 
 
 
Vested
 
 
$
21.23
 
 
 
$13.83-$30.24
 
 
 
-
 
 
 
 
158,586
 
 
 
Exercised
 
 
$
17.71
 
 
 
$13.83-$28.88
 
 
 
(85,532
)
 
 
 
(85,532
)
 
 
Forfeited
 
 
$
23.10
 
 
 
$17.01-$28.88
 
 
 
(22,120
)
 
 
 
-
 
 
 
Expired
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2015
 
 
$
24.00
 
 
 
$  6.91-$33.41
 
 
 
669,693
 
 
 
 
281,632
 
 
 
Summary of options outstanding segregated by ranges of exercise prices
Option information segregated by ranges of exercise prices was as follows:
 
 
 
December 31, 2015
 
 
 
 
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
 
 
103,368
 
 
$16.14
 
 
 
1.9 years
 
 
 
103,368
 
 
$16.14
 
 
 
1.9 years
 
 
 
$17.32-$22.69
 
 
257,921
 
 
$19.32
 
 
 
3.7 years
 
 
 
139,216
 
 
$18.98
 
 
 
3.6 years
 
 
 
$28.88-$33.41
 
 
308,404
 
 
$30.54
 
 
 
8.6 years
 
 
 
39,048
 
 
$28.94
 
 
 
8.1 years
 
Total
 
$  6.91-$33.41
 
 
669,693
 
 
$24.00
 
 
 
5.7 years
 
 
 
281,632
 
 
$19.32
 
 
 
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, 2014
 
 
 
1,590,138
 
 
 
$21.34
 
 
 
853,054
 
 
 
$14.36
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Granted (1)
 
 
 
225,180
 
 
 
$34.42
 
 
 
-
 
 
 
-
Vested
 
 
 
-
 
 
 
-
 
 
 
303,057
 
 
 
$19.39
Forfeited
 
 
 
(66,794
)
 
 
$25.60
 
 
 
-
 
 
 
-
Distributed (2)
 
 
 
(306,199
)
 
 
$16.13
 
 
 
(306,199
)
 
 
$16.13
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2015
 
 
 
1,442,325
 
 
 
$24.29
 
 
 
849,912
 
 
 
$15.51
 
(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.