Share-Based Compensation

9 Months Ended

Sep. 30, 2011

Share-Based Compensation [Abstract]

Share-Based Compensation

NOTE 12. Share-based Compensation

On April 7, 2011, Susquehanna's Compensation Committee granted to certain employees nonqualified stock options to purchase an aggregate of 248 shares of common stock with an exercise price of $9.77. The following table presents the assumptions used in the Black-Scholes-Merton model to estimate the fair values of options granted in 2011 and 2010, and the resultant fair values.

	2011			2010
Volatility		37.09	%		32.50	%
Expected dividend yield		4.00	%		4.00	%
Expected term (in years)		7.0			7.0
Risk-free interest rate		2.97	%		2.39	%
Fair value	$	2.61		$	1.85

In addition, on May 17, 2011, Susquehanna's Compensation Committee granted an aggregate of 40 shares of restricted stock with a grant date fair value of $8.65 per share to Susquehanna's directors and an aggregate of 158 restricted shares and restricted stock units with a weighted-average grant date fair value of $8.71 per share or unit to certain senior officers.