Stock-Based Compensation

9 Months Ended

Sep. 30, 2011

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock-Based Compensation

Stock-Based Compensation

The following table summarizes the Company's pre-tax compensation expense and related income tax benefit for the three and nine months ended September 30, 2011 and 2010 related to the Company's performance units and restricted stock.

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(In millions)	2011		2010		2011		2010
Performance units
Total shareholder return	$	1.9	$	1.5	$	5.6	$	4.7
Earnings per share	0.8		1.0		3.7		1.8
Total performance units	2.7		2.5		9.3		6.5
Restricted stock	0.2		0.3		0.7		0.7
Total compensation expense	$	2.9	$	2.8	$	10.0	$	7.2
Income tax benefit	$	1.1	$	1.1	$	3.9	$	2.8

The following table summarizes the activity of the Company's stock-based compensation during the three months ended September 30, 2011.

	Shares	Fair Value
Grants
Restricted stock	14,218	$49.24

The Company has issued new shares to satisfy stock option exercises, restricted stock grants and payouts of earned performance units.  During the three and nine months ended September 30, 2011, there were 14,718 shares and 284,423 shares, respectively, of new common stock issued pursuant to the Company's stock incentive plans related to exercised stock options, restricted stock grants and payouts of earned performance units. During the three and nine months ended September 30, 2011, there were 1,150 shares and 3,810 shares, respectively, of restricted stock returned to the Company to satisfy tax liabilities. The Company received less than $0.1 million and $0.8 million, respectively, during the three and nine months ended September 30, 2011 related to exercised stock options. The Company did not realize an income tax benefit for the tax deductions from the exercised stock options during the three and nine months ended September 30, 2011 due to the Company being in a tax net operating loss position in 2011.