XML 71 R45.htm IDEA: XBRL DOCUMENT v2.4.0.6
Employee Stock And Incentive Plan (Tables)
12 Months Ended
Dec. 31, 2012
Summary Of Nonvested PSU Transactions

 

 

 

 

 

 

 

 

 

Number

 

Weighted

 

of

 

Average

 

Share Units

 

Fair Value

 

 

 

 

Nonvested share units at beginning of period

137,584 

$

24.38 

  Granted

127,950 

 

23.89 

Performance criteria adjustment

79,635 

 

23.52 

  Forfeited

(13,944)

 

23.87 

  Vested

 -

 

 -

Share unit awards issued

 -

 

 -

Nonvested share units at end of period

331,225 

$

23.52 

 

Summary Of Nonvested RSU Transactions

 

 

 

 

 

 

 

 

 

Number

 

Weighted

 

of

 

Average

 

Stock Units

 

Fair Value

 

 

 

 

Nonvested stock units at beginning of period

44,342 

$

22.21 

  Granted

37,850 

 

22.49 

  Vested

(11,000)

 

22.21 

  Forfeited

(2,724)

 

22.24 

Nonvested stock units at end of period

68,468 

$

22.36 

 

Summary Of Stock Option Transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

Weighted

 

 

 

 

 

Average

Average

 

Aggregate

 

 

 

Exercise

Remaining

 

Intrinsic

 

Shares

 

Price

Life (years)

 

Value

Options:

 

 

 

 

 

 

  Outstanding, beginning of year

3,376,960 

$

20.03 

 

 

 

  Granted

 -

 

 -

 

 

 

  Forfeited

(9,015)

 

17.60 

 

 

 

  Expired

(37,226)

 

24.25 

 

 

 

  Exercised

(833,437)

 

17.51 

 

 

 

  Outstanding, end of year

2,497,282 

$

20.81 
4.2 

$

13,243 

 

 

 

 

 

 

 

  Exercisable, end of year

2,354,533 

$

21.03 
4.0 

$

12,061 

 

Summary Of Stock Options Exercised And Vested

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Years ended December 31,

 

 

2012

 

2011

 

2010

 

 

 

 

 

 

 

Intrinsic value of options exercised

$

5,547 

$

3,071 

$

2,700 

Fair value of options vested

 

1,318 

 

2,077 

 

2,373 

 

Summary Of Options Outstanding And Options Excercisable

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Options Outstanding

 

Options Exercisable 

 

 

Weighted

 

Weighted

 

 

 

Weighted

 

 

Average

 

Average

 

 

 

Average

 

 

Remaining

 

Exercise

 

 

 

Exercise

 

Shares

Life (years)

 

Price

 

Shares

 

Price

Range of prices:

 

 

 

 

 

 

 

 

  $10.00 - 12.99

65,437 
0.2 

$

12.48 

 

65,437 

$

12.48 

  $13.00 - 16.99

232,439 
1.2 

 

16.15 

 

232,439 

 

16.15 

  $17.00 - 19.99

1,057,617 
5.2 

 

18.18 

 

914,868 

 

18.35 

  $20.00 - 22.99

339,055 
5.2 

 

20.18 

 

339,055 

 

20.18 

  $23.00 - 27.99

375,282 
4.2 

 

23.26 

 

375,282 

 

23.26 

  $28.00 - 29.99

427,452 
3.2 

 

29.46 

 

427,452 

 

29.46 

 

2,497,282 
4.2 

$

20.81 

 

2,354,533 

$

21.03 

 

Summary Of Nonvested Share Activity - Restricted Stock

 

 

 

 

 

 

 

 

 

Number

 

Weighted

 

of

 

Average

 

Shares

 

Fair Value

Nonvested shares at beginning of period

207,989 

$

18.66 

  Granted

17,600 

 

23.09 

  Vested

(105,473)

 

18.80 

  Forfeited

(2,388)

 

17.25 

Nonvested shares at end of period

117,728 

$

19.23 

 

Summary Of Value Of Restricted Stock Awards

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Years ended December 31,

 

 

2012

 

2011

 

2010

 

 

 

 

 

 

 

Intrinsic value of restricted stock awards vested

$

2,384 

$

2,020 

$

1,147 

Fair value of restricted stock awards vested

 

1,971 

 

1,650 

 

1,270 

Weighted average fair value of restricted stock awards granted

 

23.09 

 

22.21 

 

17.19 

 

Performance Share Units [Member]
 
Assumptions Used In The Pricing Model

 

 

 

 

 

 

 

 

 

 

 

Years ended

 

December 31,

 

 

2012

 

2011

 

 

 

 

 

Expected term (years)

 

3.0

 

3.0 

Risk-free interest rate

 

0.4%

 

1.2% 

Expected volatility

 

22.1%

 

29.7% 

Grant date fair value per

 

 

 

 

performance share unit

$

23.89

$

24.38 

 

Stock Options [Member]
 
Assumptions Used In The Pricing Model

 

 

 

 

 

 

 

Year ended

 

December 31,

 

2010

 

 

 

Expected term (years)

 

6.0 

Risk-free interest rate

 

2.8% 

Expected volatility

 

26.7% 

Dividend yield

 

3.3% 

Grant date fair value per option

$

3.49 

 

Summary Of Compensation Costs

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Years ended December 31,

 

 

2012

 

2011

 

2010

Stock-based compensation within

 

 

 

 

 

 

operations and maintenance expense

$

612 

$

1,361 

$

1,944 

Income tax benefit

 

580 

 

673 

 

726 

 

Restricted Stock [Member]
 
Summary Of Compensation Costs

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Years ended December 31,

 

 

2012

 

2011

 

2010

Stock-based compensation within

 

 

 

 

 

 

operations and maintenance expense

$

1,739 

$

1,800 

$

1,927 

Income tax benefit

 

721 

 

740 

 

793