XML 111 R41.htm IDEA: XBRL DOCUMENT v2.4.0.8
Stock Option Plans (Tables)
 12 Months Ended
Dec. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock Options, Activity
Combined stock option transactions under both Plans were as follows:
 
 
Years Ended December 31, 
 
2013
2012
2011
 
Options
Weighted Avg.
Exercise Price
Options
Weighted Avg.
Exercise Price
Options
Weighted Avg.
Exercise Price
Outstanding at beginning of year
1,273,731

$
19.21

1,076,067

$
20.86

1,069,774

$
21.74

Granted
126,571

16.55

241,575

11.50

242,300

12.01

Exercised
(25,105
)
13.17

—

—

—

—

Forfeited/expired
(108,859
)
18.05

(43,911
)
17.25

(236,007
)
15.76

Outstanding at end of year
1,266,338

$
19.17

1,273,731

$
19.21

1,076,067

$
20.86

Exercisable at December 31
843,011

$
22.18

789,129

$
23.58

670,258

$
25.08

Options available for grant at December 31
226,899

 

327,184

 

549,003

 

Weighted-average fair value of options
  granted during the year
 
$
7.55

 
$
5.99

 

$
6.42
Shares Authorized under Stock Option Plans, by Exercise Price Range
Exercise prices for options outstanding as of December 31, 2013 are presented in the following table:
 
 
Options
Outstanding
Weighted
Avg. Exercise
 Price
Weighted Avg.
Remaining
Contractual
Life
Options
Exercisable
Weighted
Avg. Exercise
Price
Options with exercise prices ranging from
    $8.46 to $16.41
662,525

$
12.68

6.9 years
363,394

$
13.43

Options with exercise prices ranging from
    $16.42 to $25.38
213,783

20.21

5.4 years
89,587

25.28

Options with exercise prices ranging from
    $25.39 to $33.50
390,030

29.61

2.8 years
390,030

29.61

Total options outstanding with exercise
    prices ranging from $8.46 to $33.50
1,266,338

$
19.17

5.4 years
843,011

$
22.18
Schedule of Nonvested Share Activity
The following table represents nonvested options as of December 31, 2013:
 
 
 
Number of
Shares
Weighted Avg.
Grant Date
Fair Value
Nonvested options,
December 31, 2012
484,602

$
6.24

Granted
 
126,571

7.55

Vested
 
(172,158
)
6.35

Forfeited
 
(15,688
)
6.29

Nonvested options,
December 31, 2013
423,327

$
6.59