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Equity Compensation and Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2013
Compensation and Retirement Disclosure [Abstract]  
Equity Compensation Expense And Related Income Tax Benefit Recognized
The following table summarizes the equity compensation expense and related income tax benefit recognized in the Consolidated Statements of Income (in thousands):
 
 
Years Ended December 31,
 
 
2013
 
2012
 
2011
Stock options:
 
 
 
 
 
 
Pre-tax compensation expense
 
$
84

 
$
379

 
$
343

Tax benefit
 
31

 
154

 
141

Stock option expense, net of tax
 
$
53

 
$
225

 
$
202

Restricted stock and restricted stock units:
 
 
 
 
 
 
Pre-tax compensation expense
 
$
4,727

 
$
4,223

 
$
2,256

Tax benefit
 
1,831

 
1,710

 
931

Restricted stock expense, net of tax
 
$
2,896

 
$
2,513

 
$
1,325

Schedule Of Equity Compensation Stock Options Activity
The following table summarizes stock option activity for the year ended December 31, 2013:
 
Number of
Options
(in thousands)
 
Weighted
Average
Exercise
Price ($)
 
Weighted
Average
Remaining
Contractual
Term
(Years)
 
Aggregate
Intrinsic Value
(in thousands)
Outstanding at beginning of period
800

 
$
17.92

 

 

Options granted

 

 

 

Options exercised
(141
)
 
18.13

 

 

Options forfeited
(6
)
 
20.15

 

 

Options expired

 

 

 

Outstanding at end of period
653

 
17.85

 
3.36
 
$
4,493

Exercisable at end of period
570

 
17.54

 
2.90
 
$
4,095

Schedule of Valuation Assumption Stock Options
The following table summarizes the number of stock options granted in 2011 and the weighted-average assumptions used in the valuations:
 
 
Year Ended December 31,
 
 
2011
Number of options granted
 
31,000

Risk-free interest rate
 
1.8
%
Expected dividend yield
 
0.90
%
Expected volatility
 
37
%
Expected term (in years)
 
7.0

Grant-date fair value
 
$
8.27

Intrinsic Value Of Stock Options Exercised
The total intrinsic value of stock options exercised was as follows (in thousands):
2013
$
896

2012
1,537

2011
2,128

Schedule Of Equity Compensation Restricted Stock Activity
The following table summarizes restricted stock activity for the year ended December 31, 2013:
 
Number of
Restricted
Shares (in
thousands)
 
Weighted
Average Grant
Date Fair
Value ($)
Nonvested at beginning of period
815

 
$
20.69

Shares granted
115

 
23.51

Shares vested
(223
)
 
21.08

Shares forfeited
(9
)
 
20.24

Nonvested at end of period
698

 
21.04

Schedule Of Equity Compensation Award Restricted Stock Valuation Assumptions
The following table summarizes the number of restricted shares and units granted and the weighted-average assumptions used to calculate the present value of estimated future dividends:
 
 
 
 
Years Ended December 31,
 
 
 
 
2013
 
2012
 
2011
Number of shares granted
 
 
 
115,000

 
268,000

 
205,500

Dividends per share (quarterly amounts)
 
 
 
$
0.05

 
$
0.05

 
$
0.05

Risk-free interest rate
 
 
 
1.4
%
 
0.7
%
 
1.0
%
Contributions For Employee Stock Purchase Plan
Our contributions for the Purchase Plan were as follows (in thousands):
2013
$
210

2012
204

2011
217

Contributions And Administrative Expenses Under 401(k) Retirement Savings Plan
Salaries, wages and benefits expense in the accompanying Consolidated Statements of Income includes our 401(k) Plan contributions and administrative expenses, which were as follows (in thousands): 
2013
$
1,722

2012
1,612

2011
1,471

Deferred Compensation Assets And Liabilities
The accumulated benefit obligation and aggregate market value of the life insurance policies were as follows (in thousands):

 
 
December 31,
 
2013
 
2012
Accumulated benefit obligation
$
5,773

 
$
4,311

Aggregate market value
5,186

 
3,971