Share-Based Compensation Plans

6 Months Ended

Jun. 30, 2011

Share-Based Compensation Plans [Abstract]

SHARE-BASED COMPENSATION PLANS

NOTE 13 — SHARE-BASED COMPENSATION PLANS

     The Company has an annual incentive plan and a long-term incentive plan. The Company’s shareholders approved the Amended and Restated 2003 Long-Term Incentive Plan of Coeur d’Alene Mines Corporation at the 2010 annual shareholders meeting.

     The compensation expense (benefit) recognized in the Company’s consolidated financial statements for the three months ended June 30, 2011 and 2010 for stock based compensation awards was ($3.4) million and $0.6 million, respectively. For the six months ended June 30, 2011 and 2010, the Company recognized stock based compensation of $4.8 million and $2.0 million, respectively. The stock appreciation rights (SARs), restricted stock units (RSUs) and performance units outstanding under the plan are liability-based awards and are required to be re-measured at the end of each reporting period with corresponding adjustments to previously recognized and future stock-based compensation expense. As of June 30, 2011, there was $6.1 million of total unrecognized compensation cost (net of estimated forfeitures) related to unvested stock options, SARs, restricted stock, RSUs, performance shares and performance units which is expected to be recognized over a weighted-average remaining vesting period of 1.7 years.

     The following table shows the new grants issued during the six months ended June 30, 2011:

							Grant date				Grant date fair
			Grant date fair				fair value of				value of
	Restricted		value of		Stock		stock		Performance		performance
Grant date	stock		restricted stock		options		options		shares		shares
January 3, 2011		188,673	$	27.45		121,017	$	17.89		70,188	$	42.81
March 8, 2011		1,509	$	34.79		2,562	$	22.82		1,509	$	55.12
May 9, 2011		5,853	$	26.98		10,059	$	17.59		5,853	$	42.08

	June 30, 2011
		Performance	Restricted
	SARs	units	stock units
Weighted average fair value	$17.40	$29.71	$24.26

     The following table shows the options and SARs exercisable at June 30, 2011:

Options Exercisable	Weighted Average Exercise Price	SARs Exercisable	Weighted Average Exercise Price
256,023	$28.63	82,170	$12.53