XML 35 R32.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2011
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]
RSU activity for the six months ended June 30, 2011, is as follows:


 
Number of
 
Weighted
Average
Grant-Date
(in thousands, except weighted average fair value prices)
Shares
 
Fair Value
Nonvested restricted stock units outstanding at December 31, 2010
1,558


 
$
18.40


Restricted stock units granted
912


 
$
17.72


Performance stock units granted
188


 
$
17.45


Restricted stock units forfeited
(185
)
 
$
17.48


Restricted stock units vested
(291
)
 
$
18.57


Nonvested restricted stock units outstanding at June 30, 2011
2,182


 
$
18.06


Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The fair values of these stock options were estimated using the Black-Scholes valuation model with the following weighted-average assumptions:


Expected dividend yield
%
Risk-free interest rate (1)
2.01
%
Expected volatility (2)
32.02
%
Expected life (3)
5.5




(1)
The risk-free interest rate for the periods within the contractual term of the options is based on the U.S. Treasury yield curve in effect at the time of the grant.


(2)
The expected volatility is a measure of the amount by which a stock price has fluctuated or is expected to fluctuate based primarily on our and our peers' historical data.


(3)
The expected life is the period of time, on average, that participants are expected to hold their options before exercise based primarily on  our historical data.
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
Option activity for the six months ended June 30, 2011, is as follows:


(in thousands, except weighted average price)
Number of
Shares
 
Weighted
Average
Exercise Price
 
Weighted
Average
Remaining
Contractual Term
 
Aggregate
Intrinsic
Value
Options outstanding at December 31, 2010
5,129


 
$
21.27


 
 
 
 
Options granted
563


 
$
17.45


 
 
 
 
Options exercised
(134
)
 
$
17.60


 
 
 
 
Options canceled
(552
)
 
$
21.12


 
 
 
 
Options outstanding at June 30, 2011
5,006


 
$
20.96


 
4.8


 
$
1,382


Options vested and expected to vest at June 30, 2011
4,981


 
$
20.97


 
4.8


 
$
1,382


Options exercisable at June 30, 2011
3,526


 
$
22.09


 
3.0


 
$
1,382


Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan [Table Text Block]
The following table sets forth the stock-based compensation expense recognized for the three and six months ended June 30, 2011 and 2010.
 
 
For the Three Months Ended
 
For the Six Months Ended
 
June 30,
 
June 30,
(in thousands)
2011
 
2010
 
2011
 
2010
Stock options
$
434


 
$
216


 
$
1,141


 
$
416


Restricted stock
2,341


 
2,170


 
4,698


 
8,125


Employee stock purchase plan
116


 
112


 
191


 
423


 
$
2,891


 
$
2,498


 
$
6,030


 
$
8,964