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Stock-Based Compensation
 3 Months Ended
Mar. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]
Stock-Based Compensation

The following table summarizes the Company's pre-tax compensation expense and related income tax benefit during the three months ended March 31, 2013 and 2012 related to the Company's performance units and restricted stock.
 
Three Months Ended
 
March 31,
(In millions)
2013
2012
Performance units
 
 
Total shareholder return
$
2.0

$
1.8

Earnings per share
0.6

0.7

Total performance units
2.6

2.5

Restricted stock
0.1

0.2

Total compensation expense
$
2.7

$
2.7

Income tax benefit
$
1.0

$
1.1



The Company has issued new shares to satisfy stock option exercises, restricted stock grants and payouts of earned performance units. During the three months ended March 31, 2013, there were 62,632 of treasury stock shares and 258,260 shares of new common stock issued pursuant to the Company's stock incentive plans related to exercised stock options, restricted stock grants (net of forfeitures) and payouts of earned performance units. During the three months ended March 31, 2013, there were 332 shares of restricted stock returned to the Company to satisfy tax liabilities. The Company received $0.2 million during the three months ended March 31, 2013 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 months ended March 31, 2013 due to the Company being in a tax net operating loss position in 2013.

The following table summarizes the activity of the Company's stock-based compensation during the three months ended March 31, 2013.
 
Units/Shares
Fair Value
Grants
 

 

Performance units (Total shareholder return)
156,974

$
58.61

Performance units (Earnings per share)
37,094

$
53.45

Restricted stock
2,970

$
59.41

Conversions
 
 
Performance units (Total shareholder return) (A)
188,631

N/A

Performance units (Earnings per share) (A)
62,880

N/A

(A)
Performance units were converted based on a payout ratio of 200 percent of the target number of performance units granted in February 2010 and are included in the 258,260 and 62,632 shares of common stock issued during the three months ended March 31, 2013 as discussed above.