Annual report pursuant to Section 13 and 15(d)

Stock Based Compensation (Tables)

v2.4.1.9
Stock Based Compensation (Tables)
 12 Months Ended
Dec. 31, 2014
Share-based Compensation [Abstract]  
Schedule Of Stock-Based Compensation Expense
Total compensation expense recognized in the consolidated financial statements for the three years ended December 31, 2014 for all share based awards, was as follows (in thousands):
 
Year Ended December 31,
 
2014
 
2013
 
2012
Stock-based compensation expense
$
4,995

 
$
6,246

 
$
5,856

Schedule of Restricted Share Awards [Table Text Block]
The activity for the three years ended December 31, 2014 related to our restricted share awards, excluding those subject to market conditions, was as follows:
 
Year Ended December 31,
 
2014
 
Shares
 
Wtd Avg Grant Fair Value
Unvested at December 31, 2011
331,003

 
$
28.39

Granted
36,884

 
26.40

Vested during year
(211,485
)
 
28.39

Forfeited
(6,599
)
 
27.61

Unvested at December 31, 2012
149,803

 
27.37

Granted
141,609

 
26.30

Vested during year
(158,657
)
 
26.66

Forfeited
(2,940
)
 
27.80

Unvested at December 31, 2013
129,815

 
27.06

Granted
210,817

 
23.93

Vested during year
(236,498
)
 
25.06

Forfeited
(10,467
)
 
25.80

Unvested at December 31, 2014
93,667

 
25.22

Performance Share Units with Market Conditions [Table Text Block]
Stock based awards with market conditions under the LTIP were granted in February 2014 with fair market values, as determined using a Monte Carlo simulation, as follows (in thousands):
 
Grant Date Fair Value
 
Restricted
 
Unrestricted
Relative TSR
$
458

 
$
1,376

Absolute TSR
327

 
921

Schedule Of Unamortized Value Of Awards With Market Conditions [Table Text Block]
The unamortized value of these awards with market conditions as of December 31, 2014 was as follows (in thousands):
 
Restricted
 
Unrestricted
Relative TSR
$
354

 
$
841

Absolute TSR
251

 
549