Stock Compensation Plans and Other Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2012

Weighted Average Assumptions Used to Determine the Options Fair Value

The following table presents the weighted average assumptions used to determine the fair value of options granted in the years ending December 31, 2012, 2011 and 2010:



	2012		2011		2010
Expected dividend yield	0.6	%	0.5	%	0.5	%
Expected volatility	62.6	%	61.8	%	48.5	%
Risk-free rate	0.7	%	1.0	%	2.5	%
Expected option life (in years)	4.5		4.4		6.2

Summary of Stock Option Activity

A summary of the Plans’ stock option activity for the years ended December 31, 2012, 2011 and 2010 is as follows:



Stock Options	Common Shares		Weighted Average Strike Price		Remaining Contractual Term⁽¹⁾	Intrinsic Value⁽²⁾ ($000)
Outstanding at January 1, 2010	2,156,209		$	37.61
Granted	86,865		33.63
Exercised	(159,637	)	14.95
Forfeited or canceled	(42,736	)	51.46
Outstanding at December 31, 2010	2,040,701		$	38.92	3.3	$	8,028
Exercisable at December 31, 2010	1,803,298		$	39.63	3.0	$	7,368
Outstanding at January 1, 2011	2,040,701		$	38.92
Granted	221,003		33.15
Exercised	(85,706	)	17.20
Forfeited or canceled	(111,464	)	46.01
Outstanding at December 31, 2011	2,064,534		$	38.83	2.7	$	3,809
Exercisable at December 31, 2011	1,779,218		$	39.93	2.3	$	3,558
Outstanding at January 1, 2012	2,064,534		$	38.83
Granted	250,997		31.16
Exercised	(484,709	)	21.43
Forfeited or canceled	(85,395	)	43.70
Outstanding at December 31, 2012	1,745,427		$	42.31	3.1	$	3,836
Exercisable at December 31, 2012	1,346,287		$	45.57	2.3	$	1,677
Vested or expected to vest at December 31, 2012	1,736,974		$	42.37


(1)	Represents the weighted average contractual remaining life in years.

(2)

Aggregate intrinsic value represents the total pretax intrinsic value (i.e., the difference between the Company’s average of the high and low stock price at year end and the option exercise price, multiplied by the number of shares) that would have been received by the option holders if they had exercised their options on the last day of the year. Options with exercise prices above the year end stock price are excluded from the calculation of intrinsic value. This amount will change based on the fair market value of the Company’s stock.

Summary of Plans' Restricted Share Award Activity

A summary of the Plans’ restricted share and performance-based stock award activity for the years ended December 31, 2012, 2011 and 2010 is as follows:



	2012				2011				2010
Restricted Shares	Common Shares		Weighted Average Grant-Date Fair Value		Common Shares		Weighted Average Grant-Date Fair Value		Common Shares		Weighted Average Grant-Date Fair Value
Outstanding at January 1	336,709		$	38.29	299,040		$	39.44	208,430		$	43.24
Granted	111,207		32.37		98,394		32.85		149,656		35.20
Vested and issued	(132,337	)	34.12		(56,641	)	35.17		(58,411	)	42.21
Forfeited	(1,353	)	30.99		(4,084	)	34.73		(635	)	34.74
Outstanding at end of year	314,226		$	37.99	336,709		$	38.29	299,040		$	39.44
Vested, but not issuable at end of year	85,000		$	51.88	85,000		$	51.88	85,000		$	51.88

Performance Shares
Outstanding at January 1	72,158		$	33.25	—
Granted	119,476		31.10		100,993		$	33.25
Vested and issued	—		—		—		—
Net decrease due to estimated performance	(33,147	)	32.50		(28,062	)	33.25
Forfeited	(4,572	)	31.98		(773	)	33.28
Outstanding at end of year	153,915		$	31.78	72,158		$	33.25