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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2012
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs
The following table summarizes the components of the Company’s stock-based compensation expense included in general and administrative expenses in the consolidated financial statements:
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2012
 
2011
 
2012
 
2011
 
(In millions)
Pre-tax compensation expense
$
4.2

 
$
1.6

 
$
11.2

 
$
8.0

Tax provision
(1.6
)
 
(0.6
)
 
(4.3
)
 
(3.2
)
Total stock-based compensation expense, net of tax
$
2.6

 
$
1.0

 
$
6.9

 
$
4.8

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The following summarizes the assumptions used in the Black-Scholes model:
 
Risk-free interest rate
0.86
%
Weighted average historical volatility
83.6
%
Dividend yield

Expected years until exercise
4.66

Forfeitures
11.0
%
Weighted average fair value of options granted
$
33.11

Schedule of Share-based Compensation, Stock Options, Activity
Option balances as of September 30, 2012 and activity related to the Company’s stock options during the nine months then ended were as follows:
 
 
Shares
 
Weighted
Average
Exercise
Price
 
Weighted Average
Remaining
Contractual Term
(in Years)
 
Aggregate
Intrinsic
Value
Outstanding at December 31, 2011
 
1,318,640

 
$
32.06

 
 
 
 

Granted
 
147,674

 
$
51.63

 
 
 
 

Exercised
 
(352,266
)
 
$
16.20

 
 
 
 

Forfeited
 
(50,778
)
 
$
44.49

 
 
 
 

Outstanding at September 30, 2012
 
1,063,270

 
$
39.44

 
6.47
 
$
17,740,000

Vested at September 30, 2012 and Expected to Vest
 
1,022,929

 
$
39.07

 
6.38
 
$
17,447,000

Exercisable at September 30, 2012
 
690,212

 
$
35.49

 
5.37
 
$
14,220,000

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity
A summary of restricted stock activity for the nine months ended September 30, 2012 is presented below:
 
 
Restricted
Stock
 
Weighted
Average
Grant Date
Fair Value
 
Restricted
Stock Units
 
Weighted
Average
Grant Date
Fair Value
Outstanding at December 31, 2011
 
486,533

 
$31.25
 
18,000

 
$29.32
Granted
 
126,006

 
$51.75
 
19,152

 
$52.23
Released
 
(176,521
)
 
$13.55
 
(3,910
)
 
$40.58
Forfeited
 
(84,325
)
 
$44.09
 

 
Outstanding at September 30, 2012
 
351,693

 
$44.28
 
33,242

 
$41.19