XML 143 R38.htm IDEA: XBRL DOCUMENT v2.4.0.8
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2013
Stock-Based Compensation [Abstract]  
Fair value assumptions of stock options
 2013 2012 2011 
Dividend yield  2.00%  2.00%  2.00%
Risk-free interest rate  0.99%  1.20%  2.27%
Weighted average expected volatility  34.35%  48.94%  47.24%
Weighted average expected life 6 years  6 years  6 years 
Weighted average per share fair value of options$ 3.80 $ 5.03 $ 5.56 
Summary of Company's Stock Option Activities
     Weighted AverageAggregate
  Weighted Average RemainingIntrinsic
Stock OptionsShares Exercise Price  Contractual Term Value (000s)
Outstanding at December 31, 2010 7,301,458$ 24.33    
Granted 1,624,369  14.20    
Exercised (23,437)  12.66    
Forfeited or expired (1,847,116)  24.51    
Outstanding at December 31, 2011 7,055,274$ 21.99 5.61$ 27
Options exercisable at December 31, 2011 4,623,935$ 26.10 4.01$ 7
Outstanding at December 31, 2011 7,055,274 $21.99    
Granted 3,060,519 $12.97    
Exercised (11,120) $13.16    
Forfeited or expired (1,464,115) $21.56    
Outstanding at December 31, 2012 8,640,558$ 18.88 6.40$ 570
Options exercisable at December 31, 2012 4,603,963$ 23.80 4.37$ 43
Outstanding at December 31, 2012 8,640,558  18.88    
Granted 1,020,979  14.02    
Exercised (642,202)  13.43    
Forfeited or expired (985,092)  21.49    
Outstanding at December 31, 2013 8,034,243$ 18.37 6.03$ 20,838
Options exercisable at December 31, 2013 4,923,720$ 21.48 4.62$ 8,580
        
Summary of stock options outstanding by range of exercise prices
The following table summarizes information about the Corporation’s stock options outstanding at December 31, 2013.
             
 Options Weighted Average Remaining  Options Weighted Average
 Outstanding  Exercise Price  Life (Years)   Exercisable  Exercise Price
             
Range of Exercise Prices:            
$0.00 — $10.002,000 $9.26 5.56  2,000 $9.26
$10.01 — $15.005,248,844  13.46 7.76  2,138,321  13.45
$15.01 — $20.00608,806  17.42 4.83  608,806  17.42
$20.01 — $25.00554,576  24.89 3.84  554,576  24.89
$25.01 — $30.00307,172  29.03 0.21  307,172  29.03
Over $30.001,312,845  33.25 1.98  1,312,845  33.25
Total8,034,243 $18.37 6.03  4,923,720 $21.48
Summary of Company's Nonvested Stock Option Activities
The following table summarizes information about the Corporation’s nonvested stock option activity for 2013, 2012, and 2011.
     
   Weighted Average
Stock OptionsShares  Grant Date Fair Value
Nonvested at December 31, 20102,025,720 $4.09
Granted1,624,369  5.56
Vested(955,454)  3.77
Forfeited(263,296)  4.85
Nonvested at December 31, 20112,431,339 $5.11
Nonvested at December 31, 20112,431,339 $5.11
Granted3,060,519  5.03
Vested(1,097,571)  4.88
Forfeited(357,692)  5.12
Nonvested at December 31, 20124,036,595 $5.11
Nonvested at December 31, 20124,036,595 $5.11
Granted1,020,979  3.80
Vested(1,680,981)  5.10
Forfeited(266,070)  5.05
Nonvested at December 31, 20133,110,523 $4.69
Summary of Restricted Stock Awards Activity (Excluding Salary Shares)
The following table summarizes information about the Corporation’s restricted stock activity for 2013, 2012, and 2011.
     
   Weighted Average
Restricted StockShares  Grant Date Fair Value
Outstanding at December 31, 2010772,262 $13.94
Granted593,437  14.27
Vested(169,499)  17.74
Forfeited(182,435)  13.86
Outstanding at December 31, 20111,013,765 $13.79
Outstanding at December 31, 20111,013,765 $13.79
Granted506,258  13.00
Vested(533,014)  13.38
Forfeited(54,584)  13.73
Outstanding at December 31, 2012932,425 $13.60
Outstanding at December 31, 2012932,425 $13.60
Granted1,276,868  14.03
Vested(626,480)  13.68
Forfeited(71,048)  13.92
Outstanding at December 31, 20131,511,765 $13.92