Share-Based Payment Arrangements (Tables)

9 Months Ended

Sep. 30, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Option Activity Under Stock Option Plans

A summary of option activity for the nine months ended September 30, 2014 is presented below:


						Weighted
						Average
				Weighted		Remaining
				Average		Contractual		Aggregate
	Number of			Exercise		Term		Intrinsic
Options	Shares			Price		(Years)		Value ($000)
Outstanding at January 1, 2014		1,332,656		$	38.85
Exercised		(32,618	)		29.51
Cancelled/Forfeited		(16,549	)		38.26
Expired		(113,447	)		63.41

Outstanding at September 30, 2014		1,170,042		$	36.74		4.4	$	799

Exercisable at September 30, 2014		885,673		$	38.55		3.6	$	373

Schedule of Nonvested Restricted and Performance Shares

A summary of the status of the Company’s nonvested restricted and performance shares as of September 30, 2014 and changes during the nine months ended September 30, 2014, is presented below. These restricted and performance shares are subject to service requirements.


				Weighted
				Average
	Number of			Grant Date
	Shares			Fair Value
Nonvested at January 1, 2014		1,981,820		$	31.75
Granted		120,396			36.23
Vested		(272,788	)		32.00
Forfeited		(85,873	)		31.69

Nonvested at September 30, 2014		1,743,555		$	32.02

- 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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