Stock-Based Compensation (Tables)
|
12 Months Ended |
Dec. 31, 2016 |
| Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
|
| Summary about the Company's Common Stock restricted stock units granted, vested, exercised and forfeited |
The following table summarizes information about the Company’s Common Stock RSU’s granted, vested, exercised and forfeited: | | | | | | | | | Number of Awards | | Weighted Average Issue Price | Awards outstanding - January 1, 2014 | 500,928 |
| |
| $15.81 |
| Issued | 257,030 |
| |
| $10.97 |
| Vested and restriction lapsed | (124,906 | ) | |
| $10.42 |
| Forfeited | (16,658 | ) | |
| $10.95 |
| Awards outstanding - December 31, 2014 | 616,394 |
| |
| $15.00 |
| Issued | 339,280 |
| |
| $9.34 |
| Vested and restriction lapsed | (295,089 | ) | |
| $9.36 |
| Forfeited | (22,687 | ) | |
| $10.56 |
| Awards outstanding - December 31, 2015 | 637,898 |
| |
| $12.87 |
| Issued | 504,647 |
| |
| $9.07 |
| Vested and restriction lapsed | (249,356 | ) | |
| $9.77 |
| Forfeited | (33,938 | ) | |
| $8.15 |
| Awards outstanding - December 31, 2016 | 859,251 |
| |
| $11.73 |
|
|
| Summary about the Company's Common Stock performance restricted stock units granted, vested, exercised and forfeited |
The following table summarizes information about the Company’s Common Stock RSU’s granted, vested, exercised and forfeited: | | | | | | | | | Number of Awards | | Weighted Average Issue Price | Awards outstanding -January 1, 2015 | — |
| | $ | — |
| Issued | 59,623 |
| | $ | 9.40 |
| Vested and restriction lapsed | — |
| | $ | — |
| Forfeited | — |
| | $ | — |
| Awards outstanding - December 31, 2015 | 59,623 |
| | $ | 9.40 |
| Issued | 175,217 |
| | $ | 9.06 |
| Vested and restriction lapsed | — |
| | $ | — |
| Forfeited | — |
| | $ | — |
| Awards outstanding - December 31, 2016 | 234,840 |
| | $ | 9.15 |
|
|
| Summary about the stock appreciate rights granted, forfeited, vested and exercisable |
The following table summarizes information about SARs granted, forfeited, vested and exercisable: | | | | | | | | | | | Number of SAR’s | | Weighted Average Exercise Price | | Weighted Average Contractual Term | SAR's outstanding - January 1, 2014 | 1,373,069 |
| |
| $10.28 |
| | | Granted | 449,225 |
| |
| $11.73 |
| | | Exercised | (435 | ) | |
| $7.37 |
| | | Forfeited | (12,557 | ) | |
| $11.57 |
| | | SAR's outstanding - December 31, 2014 | 1,809,302 |
| |
| $10.63 |
| | 8.1 years | Granted | 655,855 |
| |
| $9.47 |
| | | Exercised | (14,470 | ) | |
| $9.21 |
| |
| Forfeited | (54,561 | ) | |
| $10.30 |
| | | SAR's outstanding - December 31, 2015 | 2,396,126 |
| |
| $10.33 |
| | 7.6 years | Granted | 176,824 |
| |
| $8.80 |
| | | Exercised | (8,003 | ) | |
| $8.57 |
| | | Forfeited | (56,932 | ) | |
| $10.75 |
| | | SAR's outstanding - December 31, 2016 | 2,508,015 |
| |
| $10.22 |
| | 6.7 years | SAR's exercisable - December 31, 2016 | 1,015,440 |
| |
| $15.92 |
| | 6.7 years | SAR's expected to vest - December 31, 2016 | 1,096,639 |
| |
| $10.19 |
| | 6.7 years |
|
| Assumptions for Black-Scholes options pricing model/Estimated fair value of SAR grant using Black-Scholes options pricing model |
The fair value of each SAR grant is estimated using the Black-Scholes option-pricing model as set forth in the table below: | | | | | | | | 2016 | | 2015 | | 2014 | The weighted average fair value of stock appreciation rights issued (per unit) | $2.79 - $3.74 | | $3.33 - $3.90 | | $4.18 - $4.93 | Dividend yield | —% | | —% | | —% | Weighted average risk-free interest rate | 1.1% - 1.4% | | 1.4% - 1.6% | | 1.5% - 1.8% | Weighted average expected volatility | 40% | | 40% | | 40% | Expected life in years | 6.25 | | 6.25 | | 6.25 |
|
| Common Stock options granted, exercised, forfeited, vested and exercisable |
The following table summarizes information about Common Stock options granted, exercised, forfeited, vested and exercisable: | | | | | | | | | | | Number of Options | | Weighted Average Exercise Price | | Weighted Average Contractual Term | Options outstanding - January 1, 2014 | 87,026 |
| |
| $23.75 |
| | 2.6 years | Granted | — |
| |
| $— |
| | | Exercised | — |
| |
| $— |
| | | Forfeited | — |
| |
| $— |
| | | Options outstanding - December 31, 2014 | 87,026 |
| |
| $23.75 |
| | 1.6 years | Granted | — |
| |
| $— |
| | | Exercised | — |
| |
| $— |
| | | Forfeited | — |
| |
| $— |
| | | Options outstanding - December 31, 2015 | 87,026 |
| |
| $23.75 |
| | 0.6 years | Granted | — |
| |
| $— |
| | | Exercised | — |
| |
| $— |
| | | Forfeited/Expired | (87,026 | ) | |
| $— |
| | | Options outstanding - December 31, 2016 | — |
| |
| $— |
| | 0.0 years | Options exercisable - December 31, 2016 | — |
| |
| $— |
| | 0.0 years |
|