The summary of nonvested restricted shares as of December 31, 2013 and changes during the year then ended is presented below:
|
NONVESTED SHARES |
NUMBER OF SHARES |
GRANT DATE FAIR VALUE* |
||||||
|
Nonvested awards outstanding at January 1 |
152,100 | $ | 43.68 | |||||
|
Granted |
98,900 | 47.53 | ||||||
|
Vested |
(82,000 | ) | 42.88 | |||||
|
Forfeited |
(2,300 | ) | 46.40 | |||||
|
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|
|
|
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|
Nonvested awards outstanding at December 31 |
166,700 | $ | 46.32 | |||||
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| * | Weighted Average |