Quarterly report pursuant to Section 13 or 15(d)

Capital Transactions (Tables)

v2.4.1.9
Capital Transactions (Tables)
 3 Months Ended
Mar. 31, 2015
Capital Transactions  
Summary of repurchases of common shares

 

Period

 

Number of
Shares

 

Average
Price Paid per Share

 

Program Balance Used
for Repurchases

 

January 1 — March 31, 2015

 
202 

 

$
14.08 

 

$
2,857 

 

 

Schedule of stock option activity

 

 

 

Number of
Shares

 

Weighted Average
Exercise
Price Per Share

 

Options outstanding at December 31, 2014

 
2,037

 

$
11.69

 

Granted

 
310

 
14.27

 

Forfeited or cancelled

 
(49

)
15.75

 

Exercised

 
(227

)
7.63

 

Options outstanding at March 31, 2015

 
2,071

 
12.43

 

 

Schedule of weighted-average assumptions using Black-Scholes option-pricing model for estimating fair value of each option granted

 

 

 

2015

 

Expected life (in years)

 

5.0 to 6.0

 

Risk-free interest rate

 
1.5 

 

Expected volatility

 

46.3 to 52.3

 

Dividend yield

 
2.8 

 

 

Schedule of restricted stock unit activity

 

 

 

Number of
Shares

 

Weighted Average
Grant Date
Fair Value

 

Units outstanding at December 31, 2014

 
180

 

$
15.09

 

Granted

 
569

 
12.85

 

Issued

 
(30

)
13.63

 

Forfeited or cancelled

 
(5

)
12.93

 

Units outstanding at March 31, 2015

 
714

 
12.69

 

 

Schedule of stock appreciation right activity

 

 

 

Number of
Shares

 

Weighted Average
Grant Date
Fair Value

 

Units outstanding at December 31, 2014

 
30

 

$
5.47

 

Granted

 

—

 

—

 

Forfeited or cancelled

 
(10

)
5.86

 

Exercised

 

—

 

—

 

Units outstanding at March 31, 2015

 
20

 
5.27