Share-Based Payment Arrangements (Tables)

9 Months Ended

Sep. 30, 2012

Schedule of Option Activity Under Stock Option Plans

A summary of option activity for the nine months ended September 30, 2012 is presented below:


Options	Number of Shares			Weighted- Average Exercise Price ($)		Weighted- Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value ($000)
Outstanding at January 1, 2012		1,686,907		$	41.05
Granted		152,140			29.73
Exercised		(41,099	)		22.33
Forfeited or expired		(199,299	)		57.67

Outstanding at September 30, 2012		1,598,649		$	38.38		5.4	$	977

Exercisable at September 30, 2012		955,215		$	42.29		3.4	$	584

Stock Options, Valuation Assumption

Treasury yield curve in effect at the time of the grant.


Expected volatility	38.64	%
Dividend yield	3.23	%
Expected term	6.58 years
Risk-free interest rate	1.78	%

Schedule of Nonvested Shares

A summary of the status of the Company’s nonvested restricted share awards as of September 30, 2012, and changes during the nine months ended September 30, 2012, is presented below. These restricted shares are subject to service requirements.


	Number of Shares			Weighted- Average Grant-Date Fair Value ($)
Nonvested at January 1, 2012		1,460,776		$	25.66
Granted		536,252			23.51
Vested		(28,032	)		40.54
Forfeited		(91,204	)		30.03

Nonvested at September 30, 2012		1,877,792		$	24.62

- Definition

Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

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