Annual report pursuant to Section 13 and 15(d)

CAPITAL TRANSACTIONS (Details 2)

v3.3.1.900
CAPITAL TRANSACTIONS (Details 2) - USD ($)
 1 Months Ended 12 Months Ended
Sep. 19, 2014
Aug. 29, 2013
Jan. 31, 2015
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Stock options            
Number of shares            
Options outstanding at the beginning of the period (in shares)     2,037,000 2,037,000 1,926,000 1,784,000
Granted (in shares)       335,000 258,000 832,000
Forfeited or canceled (in shares)       (284,000) (23,000) (184,000)
Exercised (in shares)       (405,000) (124,000) (506,000)
Options outstanding at the end of the period (in shares)       1,683,000 2,037,000 1,926,000
Weighted Average Exercise Price Per Share            
Options outstanding at the beginning of the period (in dollars per share)     $ 11.69 $ 11.69 $ 12.54 $ 11.81
Granted (in dollars per share)       14.04 15.38 15.85
Forfeited or canceled (in dollars per share)       14.07 13.33 13.65
Exercised (in dollars per share)       9.78 6.42 8.56
Options outstanding at the end of the period (in dollars per share)       $ 12.21 $ 11.69 $ 12.54
Share-based compensation, additional disclosures            
Special one-time cash dividend paid per common share (in dollars per share) $ 1.50 $ 1.50        
Decrease in exercise price of all outstanding stock options (in dollars per share) $ 1.50 $ 1.50        
Aggregate intrinsic values of options exercised       $ 1,400,000 $ 1,100,000 $ 4,600,000
Weighted-average assumptions used to calculate fair value of options granted            
Weighted-average grant date fair value (in dollars per share)       $ 4.79 $ 6.53 $ 6.55
Share-based compensation, related information            
Share-based compensation expense $ 0 $ 0        
Related tax benefit       $ 500,000 $ 300,000 $ 700,000
Stock options | Maximum            
Weighted-average assumptions used to calculate fair value of options granted            
Expected life       6 years 6 years 6 years
Risk-free interest rate (as a percent)       1.80% 1.50% 1.50%
Expected volatility (as a percent)       52.30% 56.70% 58.20%
Dividend yield (as a percent)       3.60% 2.60% 2.70%
Stock options | Minimum            
Weighted-average assumptions used to calculate fair value of options granted            
Expected life       5 years   5 years
Risk-free interest rate (as a percent)       1.50%   0.60%
Expected volatility (as a percent)       42.60%   55.90%
Dividend yield (as a percent)       2.80%   2.10%
Time-based stock options            
Share-based compensation, related information            
Share-based compensation expense       $ 1,600,000 $ 2,900,000 $ 3,200,000
Unrecognized share-based compensation expense, options       $ 1,100,000 2,000,000 3,300,000
Weighted-average period over which the remaining compensation cost is expected to be recognized       1 year 7 months 6 days    
Time-based stock options | Maximum            
Share-based compensation, additional disclosures            
Vesting period       48 months    
Net sales performance based stock options            
Share-based compensation, additional disclosures            
Vesting period based on achieving annual net sales targets       1 year    
Net sales performance based stock options | Maximum            
Share-based compensation, related information            
Potential compensation expense       $ 700,000    
Performance based stock options operating income margins            
Share-based compensation, additional disclosures            
Operating income margin, one (as a percent)       6.00%    
Operating income margin, two (as a percent)       8.00%    
Operating income margin, three (as a percent)       10.00%    
Performance based stock options sales and operating income margins            
Share-based compensation, additional disclosures            
Vesting period       2 years    
Operating income margin, two (as a percent)       8.00%    
Performance based stock options sales and operating income margins | Minimum            
Share-based compensation, additional disclosures            
Operating income margin, two (as a percent)       8.00%    
RSUs            
Share-based compensation, additional disclosures            
Special one-time cash dividend paid per common share (in dollars per share) $ 1.50 $ 1.50        
Share-based compensation, related information            
Share-based compensation expense $ 0 $ 0   $ 2,900,000 1,000,000 $ 200,000
Unrecognized share-based compensation expense, options       $ 2,500,000 $ 800,000  
Weighted-average period over which the remaining compensation cost is expected to be recognized       1 year 10 months 24 days    
2012 Stock Incentive Plan            
Share Based Compensation            
Number of shares authorized under the plan       1,500,000    
Additional number of shares authorized under the plan     1,500,000      
2012 Stock Incentive Plan | Stock options            
Number of shares            
Granted (in shares)       405,000 124,000 506,000
Weighted Average Exercise Price Per Share            
Granted (in dollars per share)       $ 9.78 $ 6.42 $ 8.56
2012 Stock Incentive Plan | Time-based stock options and net sales revenue performance-based stock options            
Number of shares            
Granted (in shares)         258,000  
Weighted Average Exercise Price Per Share            
Granted (in dollars per share)         $ 15.38  
Share-based compensation, additional disclosures            
Termination period         10 years  
Weighted-average assumptions used to calculate fair value of options granted            
Weighted-average grant date fair value (in dollars per share)         $ 6.53  
2012 Stock Incentive Plan | Time-based stock options            
Number of shares            
Granted (in shares)       335,000    
Weighted Average Exercise Price Per Share            
Granted (in dollars per share)       $ 14.04    
Share-based compensation, additional disclosures            
Termination period       10 years    
Weighted-average assumptions used to calculate fair value of options granted            
Weighted-average grant date fair value (in dollars per share)       $ 4.79    
2012 Stock Incentive Plan | RSUs            
Share-based compensation, additional disclosures            
Vesting period         4 years 1 year
2012 Stock Incentive Plan | RSUs | Maximum            
Share-based compensation, additional disclosures            
Vesting period       48 months    
2012 Stock Incentive Plan | RSUs | Minimum            
Share-based compensation, additional disclosures            
Vesting period       12 months    
2009 Incentive Plan            
Share Based Compensation            
Number of shares authorized under the plan       400,000    
2009 Incentive Plan | Time-based stock options            
Number of shares            
Granted (in shares)           832,000
Weighted Average Exercise Price Per Share            
Granted (in dollars per share)           $ 15.85
Share-based compensation, additional disclosures            
Termination period           10 years
Weighted-average assumptions used to calculate fair value of options granted            
Weighted-average grant date fair value (in dollars per share)           $ 6.55