STOCK-BASED COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2011

Schedule of share-based compensation, stock options, activity

A summary of activity for the Company's stock options as of and for the nine months ended September 30, 2011 is presented below:

						Weighted
				Weighted		Average	Aggregate
				Average		Remaining	Intrinsic
				Exercise		Contractual	Value
	Shares			Price		Term	(In thousands)
Outstanding at beginning of period		1,438,979		$	24.21
Granted		8,654			23.11
Exercised		(255,258	)		12.60
Forfeited		(90,309	)		26.34
Outstanding at end of period		1,102,066		$	26.72	2.22 years	$	419
Vested or expected to vest at end of period		1,089,954		$	26.81	2.20 years	$	396
Exercisable at end of period		912,255		$	28.45	1.90 years	$	181

Schedule of non-vested stock options activity

A summary of changes in unvested stock options and related information for the nine months ended September 30, 2011 is presented below:

				Weighted Average
				Grant Date Fair Value
Unvested Options	Shares			(per share)
Unvested at January 1, 2011		416,851		$	5.04
Granted		8,654			13.21
Vested		(225,582	)		5.60
Forfeited		(10,112	)		4.69
Unvested at September 30, 2011		189,811		$	4.76

Schedule of share-based payment award, stock options, valuation assumptions

The fair value of each option grant is estimated on the date of grant using the Black-Scholes option-pricing model with the following assumptions:

Three Months Ended

Nine Months Ended

September 30,

2011 (5)

2010 (5)

2011

2010 (5)

Expected term (1)

N/A

4 years

N/A

Expected volatility (2)

N/A

78.1

N/A

Expected dividend yield (3)

N/A

0.2

N/A

Risk-free interest rate (4)

N/A

1.6

N/A

____________

(1)

The expected term (estimated period of time outstanding) of stock options granted was estimated using the historical exercise behavior of employees.

(2)

The expected volatility was based on historical volatility for a period equal to the stock option's expected term.

(3)

The expected dividend yield is based on the Company's prevailing dividend rate at the time of grant.

(4)

The risk-free rate is based on the U.S. Treasury strips in effect at the time of grant equal to the stock option's expected term.

(5)

The Company did not issue any stock options during the three months ended September 30, 2011 and the three and nine months ended September 30, 2010.

Schedule of share-based compensation arrangement by share-based payment award, options, grants in period, grant date intrinsic value

During the three and nine months ended September 30, 2011 and 2010, information related to stock options is presented as follows:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2011		2010		2011		2010
Weighted average grant date fair value of stock options granted during the period (1)	$	-	$	-	$	13.21	$	-
Total intrinsic value of options exercised (in thousands)	$	123	$	353	$	2,175	$	989
Total fair value of options vested (in thousands)	$	-	$	32	$	1,263	$	2,108

____________________

(1)

The Company did not issue any stock options during the three months ended September 30, 2011 and the three and nine months ended September 30, 2010.

Schedule of share-based compensation, restricted stock units award activity

A summary of the activity for restricted stock awards as of September 30, 2011, including changes during the nine months then ended, is presented below:

				Weighted
				Average
	Shares			Price
Outstanding unvested at beginning of period		1,789,498		$	17.09
Granted		704,970			21.42
Vested		(198,510	)		24.44
Forfeited		(202,671	)		17.76
Outstanding unvested at end of period		2,093,287		$	17.79