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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2011
Shareholders' Equity [Abstract]  
Summary of company stock option activity and related information
A summary of the Company's stock option activity and related information for the year ended December 31, 2011 follows:
 
   
Options
  
Weighted Average
Exercise Price
 
Remaining
Contractual Life
 
Intrinsic
Value
 
Options outstanding,
beginning of year
  100,476  $17.82      
Options exercised
  (48,293)  16.76      
Options outstanding,
end of year
  52,183   18.79 
 
3.04 Years
 $704,000 
Options exercisable,
end of year
  52,183  $18.79 
 
3.04 Years
 $704,000 
Restricted stock units granted and expected to be granted
RSU's granted in 2007 through 2011 and expected to be granted in 2012 for each prior year's performance and RSU's expected to be granted in 2016 for five-year cumulative performance are as follows:
 
Actual or Anticipated
Grant Date
 
Performance
Period
  
Original
  
Forfeitures
  
Vested
  
Net
  
Fair Value
Per RSU
 
March, 2007
 
2006
   71,100   7,979   2,750   60,371  $38.76 
February, 2008
 
2007
   74,800   1,105   2,600   71,095  $38.52 
February, 2009
 
2008
   69,200   300   900   68,000  $22.22 
February, 2010
 
2009
   51,000   --   500   50,500  $24.29 
February, 2011
 
2010
   65,000   --   4,360   60,640  $34.33 
February, 2011
 2006-2010   58,495   --   1,847   56,648  $34.33 
February, 2012
 2011   33,331   --    --   33,331  $32.21 
February, 2016
 2011-2016   33,331   --    --   33,331  $32.21 
Total
     456,257   9,384   12,957   433,916     
Changes in restricted stock units
Changes in restricted stock units during the year ended December 31, 2011 are as follows:
 
   
2011
 
Unvested restricted stock units, beginning of year
  255,916 
   Restricted stock units granted
  123,495 
   Restricted stock units forfeited
  (400)
   Restricted stock units vested
  (11,757)
Unvested restricted stock units, end of year
  367,254