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STOCK INCENTIVE AND STOCK OPTION PLANS (Tables)
12 Months Ended
Dec. 31, 2011
STOCK INCENTIVE AND STOCK OPTION PLANS [Abstract]  
Stock Option Activity
 The following tables present the stock option activity under the Plans as of December 31, 2011 and 2010 and changes during the years then ended:
 
   
2011
 
   
Shares
  
Weighted-
Average
Exercise
Price
  
Weighted-
Average
Remaining
Contractual
Term
(years)
  
Aggregate
Intrinsic
Value
(In thousands)
 
Options
            
Outstanding at January 1, 2011
  2,946,307  $21.41       
Exercised
  (2,225)  9.40       
Cancelled or forfeited
  (76,659)  22.86       
Expired
  (153,400)  15.39       
Outstanding at December 31, 2011
  2,714,023  $21.72   3.6  $2 
                  
Exercisable at December 31, 2011
  2,330,234  $22.63   3.3  $2 
 
   
2010
 
   
Shares
  
Weighted-
Average
Exercise
Price
  
Weighted-
Average
Remaining
Contractual
Term
(years)
  
Aggregate
Intrinsic
Value
(In thousands)
 
Options
            
Outstanding at January 1, 2010
  2,701,693  $22.33       
Granted  408,363    13.25        
Exercised
  (22,336)  15.01       
Cancelled or forfeited
  (46,213)  23.28       
Expired
  (95,200)  13.21       
Outstanding at December 31, 2010
  2,946,307  $21.41   4.4  $1,219 
                  
Exercisable at December 31, 2010
  2,151,996  $22.68   3.7  $116 
 
The following table presents the status of the Company's nonvested options as of December 31, 2011 and changes during the year then ended:
 
      
Weighted-
  
Weighted-
 
      
Average
  
Average
 
      
Exercise
  
Grant Date
 
   
Shares
  
Price
  
Fair Value
 
Nonvested Options
         
Outstanding at January 1, 2011
  794,311  $17.96  $5.25 
Vested
  (388,383)  19.46   5.55 
Forfeited or cancelled
  (22,139)  22.31   6.42 
Outstanding at December 31, 2011
  383,789  $16.20  $4.87 
Assumptions Used for Stock Options
The following table provides the range of assumptions used for stock options granted during the years ended December 31, 2010 and 2009:

   
2010
  
2009
 
        
Expected volatility
  45.2%  43.6%
Weighted-average volatility
  45.2%  43.6%
Expected dividends
  3.75%  3.75%
Expected term (in years)
  4.8 - 6.0   5.1 - 5.7 
Risk-free rate
  1.64%  2.33%
Stock Options Outstanding, By Exercise Price Range
The following table summarizes information about stock options outstanding at December 31, 2011:
 
   
Options Outstanding
  
Options exercisable
 
Range of
  
Number
  
Weighted-Avg
  
Weighted-Avg
  
Number
  
Weighted-Avg
 
Exercise Prices
  
Outstanding
  
Remaining Life (years)
  
Exercise Price
  
Exercisable
  
Exercise Price
 
                 
$9.97 to $13.25   409,356   5.9  $13.23   149,258  $13.21 
$17.10 to $20.23   150,688   1.3   19.59   150,688   19.59 
$21.41 to $23.51   1,313,363   3.4   22.89   1,189,672   22.94 
$24.03 to $25.31   840,616   3.1   24.39   840,616   24.40 
$9.97 to $25.31   2,714,023   3.6  $21.72   2,330,234  $22.63