STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2011

STOCK-BASED COMPENSATION

Summary of stock option activity

Options	Number of Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Years)		Aggregate Intrinsic Value as of December 31, 2011
Outstanding at December 31, 2008		2,841,923		$	14.76
Granted		723,000			6.22
Forfeited		(107,875	)		13.36
Outstanding at December 31, 2009		3,457,048		$	13.02
Granted		308,680			11.75
Exercised		(484,261	)		11.69
Forfeited		(175,562	)		12.27
Outstanding at December 31, 2010		3,105,905		$	13.13
Granted		110,900			19.60
Exercised		(1,388,269	)		13.44
Forfeited		(29,675	)		15.65
Outstanding at December 31, 2011		1,798,861		$	13.25		5.30	$	19,759
Vested and Expected to Vest		1,744,908		$	13.25		5.21	$	19,162
Ending Exercisable		1,215,376		$	14.37		4.20	$	11,982

Schedule of weighted average assumptions used to estimate fair value of granted stock options

	For the Year Ended December 31,
	2011			2010			2009
Expected volatility		45	%		47	%		42	%
Dividend yield		4.9	%		5.3	%		6.6	%
Risk-free interest rate		2.4	%		2.3	%		1.7	%
Average expected term (years)		5			5			5

Schedule of stock options outstanding and exercisable

	Options Outstanding						Options Exercisable
Exercise Price	Shares		Weighted Average Remaining Contractual Life		Weighted Average Exercise Price		Shares		Weighted Average Exercise Price
$6.22 - $11.59		563,955		6.27	$	7.76		190,570	$	7.46
$11.60 - $12.50		284,950		4.12		12.42		226,900		12.48
$12.51 - $15.53		453,350		4.43		14.90		414,600		14.93
$15.54 - $19.00		250,756		5.22		17.11		218,256		17.16
$19.01 - $19.91		245,850		6.15		19.79		165,050		19.88
$6.22 - $19.91		1,798,861		5.30	$	13.25		1,215,376	$	14.37

Summary of the Company's employee and director share grant activity

Restricted Stock Grants	Shares			Weighted-Average Grant-Date Fair Value
Unreleased at December 31, 2008		441,204		$	16.21
Granted		547,265			6.19
Released		(198,284	)		13.51
Cancelled		(21,256	)		9.82
Unreleased at December 31, 2009		768,929		$	9.95
Granted		445,230			12.22
Released		(228,885	)		11.08
Cancelled		(64,010	)		10.11
Unreleased at December 31, 2010		921,264		$	10.75
Granted		226,630			20.09
Released		(386,113	)		11.39
Cancelled		(47,695	)		14.31
Unreleased at December 31, 2011		714,086		$	13.15