Quarterly report pursuant to Section 13 or 15(d)

Stock Based and Deferred Compensation (Tables)

v3.3.0.814
Stock Based and Deferred Compensation (Tables)
 9 Months Ended
Sep. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of compensation expense and stock award activity
Below is a summary of compensation expense and stock award activity (dollars in thousands):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
Stock-based compensation expense
$
3,953

 
$
3,771

 
$
12,418

 
$
9,035

Non-vested shares granted
20,600

 
—

 
424,387

 
374,683

Performance-based non-vested shares granted
—

 
—

 
66,187

 
52,083

Stock options exercised
3,000

 
1,200

 
146,640

 
41,445

Restricted stock awards vested (includes performance-based awards)
1,800

 
2,100

 
372,004

 
309,490

Summary of stock based compensation agreements
The following table includes additional information regarding our Plan (dollars in thousands):
 
 
As of
 
 
September 30, 2015
 
December 31, 2014
Unrecognized stock-based compensation cost
 
$
21,756

 
$
20,577

Weighted average years expense recognition period
 
2.40

 
2.11

Total equity awards outstanding (1)
 
1,085,944

 
1,255,714


(1)
Includes options outstanding and unvested restricted stock and performance-based awards and restricted stock units.