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Stock-Based Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2016
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of Non-Vested Restricted Stock Activity

The following table summarizes the non-vested restricted stock activity for the year ended December 31, 2016:

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

Average

 

 

 

 

 

 

Grant Date

 

Non-vested restricted stock

Shares

 

 

Fair Value

 

 

 

 

 

 

 

 

 

Non-vested January 1, 2016

 

696,097

 

 

$

37.02

 

Granted

 

420,368

 

 

$

33.46

 

Vested

 

(219,951)

 

 

$

36.34

 

Forfeited

 

(115,574)

 

 

$

35.75

 

Non-vested at December 31, 2016

 

780,940

 

 

$

35.48

 

 

Schedule of Restricted Stock Granted

The following table summarizes the restricted stock granted during the respective years:

 

 

Restricted stock grants

2016

 

 

2015

 

 

2014

 

 

 

 

 

 

 

 

 

 

 

 

 

Employees

 

394,243

 

 

 

316,531

 

 

 

273,910

 

Outside directors

 

26,125

 

 

 

22,000

 

 

 

20,000

 

Total

 

420,368

 

 

 

338,531

 

 

 

293,910

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average grant date fair value

$

33.46

 

 

$

37.60

 

 

$

39.66

 

 

 

 

 

 

 

 

 

 

 

 

 

Vesting period

3-5 years

 

 

3-5 years

 

 

3-5 years