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Stock Based Compensation (Tables)
3 Months Ended
Mar. 31, 2012
Share-based Compensation [Abstract]  
Summary of the status of the company's stock option plan
A summary of the Company's stock option activity for the three months ended March 31, 2012 is as follows (share numbers and aggregate intrinsic values in thousands):
 
   
 
Number of
Options
Outstanding
   
Weighted
Average
 Exercise
Price
   
Weighted
 Average
Contractual
Term (Years)
   
 
Aggregate
Intrinsic
 Value
 
Balances, December 31, 2011
   
2,768
   
$
 15.71
           
Granted
   
 43
     
27.00
           
Exercised
   
 (190
)
   
17.63
           
Forfeited, cancelled or expired
   
(23
)
   
20.38
           
Balances, March 31, 2012
   
 2,598
   
$
15.71
     
6.1
   
$
43,498
 
Options vested and expected to vest at March 31, 2012
   
2,500
   
$
15.41
     
 6.0
   
$
42,310
 
Options vested at March 31, 2012
   
2,093
   
$
13.28
     
5.5
   
$
38,053
 
 
Assumption used to value options granted during the period
The assumptions used to value options granted during the three months ended March 31, 2012 and 2011 were as follows:
 
   
Three Months Ended
March 31,
 
   
2012
   
2011
 
Dividend yield
   
 -
     
 -
 
Annual risk free rate of return
   
0.9
%
   
2.1
%
Expected volatility
   
 58.7
%
   
 48.1
%
Expected term (years)
   
4.3
     
4.5
 
 
Summary of company restricted stock unit activity
A summary of the Company's restricted stock unit activity for the three months ended March 31, 2012, is as follows (share numbers in thousands):
 
   
Number of
Units
Outstanding
   
Weighted
Average
 Grant Date
 Fair Value
 
Awarded and unvested, December 31, 2011
   
1,969
   
$
31.33
 
Granted
   
1,395
     
27.60
 
Vested
   
(609
)
   
21.13
 
Forfeited
   
(72
)
   
34.80
 
Awarded and unvested, March 31, 2012
   
2,683
   
$
31.61
 
Restricted stock units expected to vest, March 31, 2012
   
2,211