Stock-Based Compensation Plans (Tables)

3 Months Ended

Mar. 31, 2013

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 three month periods ending March 31, 2013 and 2012.



	Three Months Ended		Three Months Ended
	March 31,		March 31,
	2013		2012
Expected dividend yield	0.5	%	0.6	%
Expected volatility	59.7	%	62.7	%
Risk-free rate	0.7	%	0.7	%
Expected option life (in years)	4.5		4.5

Summary Of Stock Option Activity

A summary of the Plans' stock option activity for the three months ended March 31, 2013 and March 31, 2012 is presented below:



Stock Options	Common Shares		Weighted Average Strike Price		Remaining Contractual Term⁽¹⁾	Intrinsic Value ⁽²⁾ ($000)
Outstanding at January 1, 2013	1,745,427		$	42.31
Granted	219,695		37.85
Exercised	(8,336	)	24.98
Forfeited or canceled	(6,330	)	41.49
Outstanding at March 31, 2013	1,950,456		$	41.89	3.3	$	3,975
Exercisable at March 31, 2013	1,437,240		$	44.64	2.3	$	2,318



Stock Options	Common Shares		Weighted Average Strike Price		Remaining Contractual Term ⁽¹⁾	Intrinsic Value ⁽²⁾ ($000)
Outstanding at January 1, 2012	2,064,534		$	38.83
Granted	243,116		30.98
Exercised	(388,390	)	19.74
Forfeited or canceled	(14,250	)	33.64
Outstanding at March 31, 2012	1,905,010		$	41.75	3.5	$	4,059
Exercisable at March 31, 2012	1,407,357		$	45.38	2.6	$	1,889


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

(2)

Aggregate intrinsic value represents the total pre-tax intrinsic value (i.e., the difference between the Company’s average of the high and low stock price on the last trading day of the quarter 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 quarter. Options with exercise prices above the average of the high and low stock price on the last trading day of the quarter are excluded from the calculation of intrinsic value. The intrinsic value will change based on the fair market value of the Company’s stock.

Summary Of Plans' Restricted Share And Performance-Vested Stock Award Activity

A summary of the Plans' restricted share and performance-based stock award activity for the three months ended March 31, 2013 and March 31, 2012 is presented below:



	Three months ended March 31, 2013				Three months ended March 31, 2012
Restricted Shares	Common Shares		Weighted Average Grant-Date Fair Value		Common Shares		Weighted Average Grant-Date Fair Value
Outstanding at January 1	314,226		$	37.99	336,709		$	38.29
Granted	—		—		84,851		30.98
Vested and issued	(109,725	)	31.67		(93,825	)	34.94
Forfeited	(674	)	32.10		(959	)	30.98
Outstanding at March 31	203,827		$	41.40	326,776		$	37.38
Vested, but not issuable at March 31	85,000		$	51.88	85,000		$	51.88

Performance-based Shares
Outstanding at January 1	153,915		$	31.78	72,158		$	33.25
Granted	102,160		37.84		116,939		30.98
Vested and issued	—		—		—		—
Net change due to estimated performance	—		—		—		—
Forfeited	(1,785	)	$	33.07	(3,481	)	$	31.91
Outstanding at March 31	254,290		$	34.21	185,616		$	31.85