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Capital Transactions (Tables)
12 Months Ended
Dec. 31, 2012
Capital Transactions  
Schedule of assumptions used and weighted average fair value for grants

 

 

 
  2012   2011   2010  

Expected annual dividend rate

    1.23 %   1.04 %   1.10 %

Risk-free interest rate

    0.81 %   2.08 %   1.88 %

Average expected life (years)

    5.6     5.8     4.6  

Expected volatility of common stock

    0.409     0.404     0.402  

Forfeiture rate

    0.0 %   0.0 %   0.0 %

Weighted average fair value of option grants

  $ 4.43   $ 5.74   $ 4.78  
Schedule of restricted stock activity

 

 

 
  Number of
Shares
  Weighted-Average
Grant-Date
Fair Value
 

Non-vested shares outstanding at December 31, 2009

    686,586   $ 23.13  

Granted

    248,384     14.49  

Vested

    (256,285 )   25.51  

Cancelled

    (19,422 )   21.68  
           

Non-vested shares outstanding at December 31, 2010

    659,263     18.97  

Granted

    249,502     15.51  

Vested

    (238,848 )   25.80  

Cancelled

    (58,315 )   15.71  
           

Non-vested shares outstanding at December 31, 2011

    611,602     15.08  

Granted

    318,139     13.04  

Vested

    (212,841 )   14.95  

Cancelled

    (18,015 )   14.20  
           

Non-vested shares outstanding at December 31, 2012

    698,885     14.21  
Schedule of stock option activity

 

 

 
  2012   2011   2010  
 
  Number of
Options
  Weighted
Average
Exercise
Price
  Weighted
Average
Remaining
Contractual
Term
  Aggregate
Intrinsic
Value
($000)
  Number of
Options
  Weighted
Average
Exercise
Price
  Number of
Options
  Weighted
Average
Exercise
Price
 

Outstanding at beginning of year

    4,176,673   $ 19.26   2.7 years   $     4,586,979   $ 19.96     4,740,695   $ 20.37  

Granted

    200,115     13.06               327,617     15.45     320,458     14.49  

Exercised

    (179,204 )   10.57               (5,941 )   10.57     (4,821 )   10.57  

Cancelled

    (543,725 )   25.35               (731,982 )   24.73     (469,353 )   20.46  
                                           

Outstanding at end of year

    3,653,859     18.44   2.3 years         4,176,673     19.26     4,586,979     19.96  
                                           

Exercisable at December 31, 2012

    3,031,825     19.28   1.8 years                              

Exercisable at December 31, 2011

    3,310,143     20.35   2.1 years                              
Schedule of non-vested stock options

 

 

 
  Number of
Shares
  Weighted-Average
Grant-Date
Fair Value
 

Non-vested shares at beginning of year

    866,530   $ 4.82  

Granted

    200,115     4.43  

Vested

    (444,611 )   4.42  

Cancelled

         
           

Non-vested shares at end of year

    622,034   $ 4.99  
Schedule of stock options outstanding

 

 

 
  Options Outstanding   Options Exercisable  
Range of Exercise Prices
  Number
Outstanding
  Weighted Average
Remaining
Contractual Life
  Weighted Average
Exercise Price
  Number
Exercisable
  Weighted Average
Exercise Price
 

$10 to $15

    1,167,959   3.9 years   $ 14.38     545,925   $ 14.42  

$16 to $21

    1,649,742   1.8 years     17.71     1,649,742     17.71  

$22 to $28

    836,158   1.3 years     25.56     836,158     25.56  
                           

$10 to $28

    3,653,859   2.3 years     18.44     3,031,825     19.28