XML 44 R30.htm IDEA: XBRL DOCUMENT v3.6.0.2
Summary Of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2016
Accounting Policies [Abstract]  
Calculation of Basic and Diluted Earnings per Share

The following table sets forth the calculation of basic and diluted earnings per share.

Year Ended December 31,
(in thousands, except per share data)201620152014
Net income$64,047$95,401$81,241
Denominator for basic earnings per share – weighted-average number of
common shares outstanding during the period49,29851,57353,538
Incremental common shares attributable to exercise of dilutive options313318450
Incremental common shares attributable to outstanding
restricted stock units214197234
Denominator for diluted earnings per share49,82552,08854,222
Basic earnings per share$ 1.30$ 1.85$ 1.52
Diluted earnings per share$ 1.29$ 1.83$ 1.50
Schedule Of Unrecognized Compensation Cost And Remaining Weighted-Average Amortization Stock-Based Awards

As of December 31, 2016, the unrecognized compensation cost and remaining weighted-average amortization related to stock-based awards were as follows:

Performance-
based
RestrictedRestricted
StockStockStock
(in thousands)Options UnitsUnits(1)
Unrecognized compensation cost $ 1,901 $ 8,967 $ 1,955
Remaining weighted-average amortization period1.1 years2.2 years1.9 years
(1) Based on the probable achievement of the performance goals identified in each award.
Summary Of Weighted-Average Assumptions Used To Value Option Grants

The weighted-average assumptions used to value the options granted during 2015 and 2014 were as follows:

Year Ended December 31,
(in thousands)20152014
Options granted289378
Expected term of options6.4 years7.0 years
Expected volatility35%39%
Risk-free interest rate1.886%2.081%
Dividend yieldzerozero