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Stockholders Equity (Tables)
12 Months Ended
Dec. 31, 2012
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Changes in Shares of Common Stock
Details of changes in shares of common stock outstanding are provided below.

 
Years Ended December 31,
 
2012
 
2011
 
2010
 
(In thousands)
 
 
 
 
 
 
Common stock shares outstanding:
 
 
 
 
 
Shares outstanding at beginning of year
3,635

 
3,629

 
3,626

Shares exercised under stock option plan

 
6

 
3

 
 
 
 
 
 
Shares outstanding at end of year
3,635

 
3,635

 
3,629

Summary of Shares Available for Grant and Stock Option Activity
A summary of shares available for grant and stock option activity is detailed below.

 
 
 
Options Outstanding
 
Shares Available For Grant
 
Shares
 
Weighted-Average Exercise Price
Stock Options:
 
 
 
 
 
Balance at January 1, 2012
291,000

 
86,118

 
$
187.83

Exercised

 

 
$

Forfeited

 
(3,650
)
 
$
224.89

Expired

 

 
$

Stock options granted

 

 
$

 
 
 
 
 
 
Balance at December 31, 2012
291,000

 
82,468

 
$
186.19

Schedule of Stock Appreciation Rights Activity
 
Stock Appreciation Rights Outstanding
 
Awards
 
Weighted-Average Exercise Price
 
 
 
 
Balance at January 1, 2012
75.411

 
$
126.64

Exercised
(2.9
)
 
$
120.82

Forfeited
(6.05
)
 
$
147.13

Granted

 
$

 
 
 
 
Balance at December 31, 2012
66,461

 
$
125.03

Summary of Information About Stock Options and SARs Outstanding
The following table summarizes information about stock options and SARs outstanding at December 31, 2012.

 
Options and SARs Outstanding
 
 
 
Number Outstanding
 
Weighted-Average Remaining Contractual Life
 
Number Exercisable
 
 
 
 
 
 
Exercise prices:
 
 
 
 
 
$150.00
50,050

 
1.3 years
 
50,050

$255.13
23,418

 
5.2 years
 
9,608

$208.05
9,000

 
5.4 years
 
7,200

$251.49
250

 
5.6 years
 
100

$236.00
400

 
0.1 years
 
400

$114.64
32,043

 
6.1 years
 
9,929

$132.56
33,768

 
9.0 years
 
1,800

 
 
 
 
 
 
Totals
148,929

 
 
 
79,087

 
 
 
 
 
 
Aggregate intrinsic value
 

 
 
 
 

(in thousands)
$
2,619

 
 
 
$
861

Summary of Assumptions Employed Using Black-Scholes Option Pricing Model
In estimating the fair value of the options outstanding at December 31, the Company employed the Black-Scholes option pricing model with assumptions as detailed below.

 
December 31, 2012

 
December 31, 2011

 
 
 
 
Expected term of options
0 to 9 years

 
2 to 10 years

Expected volatility:
 
 
 
Range
19.54% to 34.93%

 
25.39% to 37.73%

Weighted-average
25.96
%
 
30.87
%
Expected dividend yield
23.00
%
 
0.26
%
Risk-free rate:
 

 
 

Range
0.39% to 1.49%

 
0.73% to 2.03%

Weighted-average
0.84
%
 
1.16
%