Annual report pursuant to Section 13 and 15(d)

Stock Compensation (Tables)

v2.4.1.9
Stock Compensation (Tables)
12 Months Ended
Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock Options Granted Pursuant to Equity Incentive Plans

Stock options granted pursuant to the 1998 Stock Option, Deferred Stock and Restricted Stock Plan and the 2007 Incentive Award Plan (the “Equity Incentive Plans”) were as follows:

 

     SHARES      WEIGHTED AVERAGE
OPTION EXERCISE
PRICE
 

Outstanding at December 31, 2011

     206,400       $ 7.62   

Granted

     —           —     

Exercised

     (149,489      7.03   

Cancelled

     (4,215      6.95   
  

 

 

    

Outstanding at December 31, 2012

  52,696      9.34   

Granted

  —        —     

Exercised

  (37,696   8.83   

Cancelled

  —        —     
  

 

 

    

Outstanding at December 31, 2013

  15,000      10.60   

Granted

  —        —     

Exercised

  —        —     

Cancelled

  (15,000   10.60   
  

 

 

    

Outstanding at December 31, 2014

  0    $ 0   
  

 

 

    
Summary of Nonvested Shares Related to Equity Incentive Plans

A summary of the status and changes of nonvested shares related to the Equity Incentive Plans as of and for the period ended December 31, 2014 is presented below:

 

     SHARES      WEIGHTED AVERAGE
GRANT-DATE FAIR
VALUE
 

Nonvested at December 31, 2011

     740,493       $ 19.02   

Granted

     281,000         17.58   

Vested/Released

     (704,160      18.58   

Cancelled

     (33,000      27.60   
  

 

 

    

Nonvested at December 31, 2012

  284,333      17.69   

Granted

  67,500      27.70   

Vested/Released

  (75,667   18.03   

Cancelled

  —        —     
  

 

 

    

Nonvested at December 31, 2013

  276,166      20.05   

Granted

  1,092,500      47.02   

Vested/Released

  (97,333   19.98   

Cancelled

  (7,500   18.75   
  

 

 

    

Nonvested at December 31, 2014

  1,263,833    $ 43.38