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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2011
Stock-Based Compensation  
Schedule of stock option activity and related information

 

 

 
  Years Ended December 31,  
 
  2011   2010   2009  
 
  Options   Weighted
Average
Exercise
Price
  Weighted
Average
Intrinsic
Value
  Options   Weighted
Average
Exercise
Price
  Options   Weighted
Average
Exercise
Price
 
 
  (Options in thousands)
 

Outstanding at beginning of year

    1,303   $ 29.00           1,300   $ 26.25     1,216   $ 26.07  

Granted

    295     29.39           282     33.65     214     26.34  

Cancelled/Forfeitures

    (78 )   30.38           (94 )   23.33     (101 )   27.63  

Exercised

    (248 )   21.68           (185 )   19.69     (29 )   14.23  
                                       

Outstanding at end of year

    1,272   $ 30.43   $ 3.78     1,303   $ 29.00     1,300   $ 26.25  
                                       

Exercisable at end of year

    745   $ 30.61   $ 3.60     769   $ 27.56     882   $ 24.98  
                                       

        

Schedule of information about options outstanding

 

 

 
  Options Outstanding   Options Exercisable  
Range of Exercise Prices
  Number
Outstanding
  Weighted Average
Remaining Contractual
Life (years)
  Weighted Average
Exercise
Price
  Number
Exercisable
  Weighted Average
Exercise
Price
 
 
  (Options in thousands)
 

$14.09–$17.60

    16     1.56   $ 17.46     16   $ 17.46  

$17.61–$28.16

    247     5.86     25.88     180     25.71  

$28.17–$31.68

    406     8.60     29.15     106     29.35  

$31.69–$35.21

    603     6.55     33.60     443     33.51  
                             

 

    1,272     7.03   $ 30.43     745   $ 30.61  
                             

        

Schedule of weighted average assumptions used to estimate the grant-date fair value of share issued under the 2004 Stock Incentive Plan

 

 

 
  Years Ended
December 31,
 
 
  2011   2010   2009  

Expected life (years)

    6.0     6.0     6.0  

Expected stock price volatility

    40.9 %   41.3 %   41.2 %

Expected dividend yield

    1.5 %   1.3 %   1.7 %

Risk-free interest rate

    1.6 %   1.9 %   2.8 %

        

Schedule of unvested restricted stock activity and related information

 

 

 
  Years Ended December 31,  
 
  2011   2010   2009  
 
  Shares   Weighted
Average
Grant Date
Fair Value
  Shares   Weighted
Average
Grant Date
Fair Value
  Shares   Weighted
Average
Grant Date
Fair Value
 
 
  (Shares in thousands)
 

Unvested at beginning of year

    162   $ 31.39     117   $ 28.20     115   $ 31.28  

Granted

    115     29.51     105     33.65     86     26.21  

Cancelled/Forfeitures

    (14 )   31.12     (7 )   28.09     (16 )   29.15  

Vested

    (110 )   30.94     (53 )   29.24     (68 )   30.62  
                                 

Unvested at end of year

    153   $ 30.33     162   $ 31.39     117   $ 28.20  
                                 

        

Schedule of the Company's RSU activity and related information

 

 

 
  Years Ended December 31,  
 
  2011   2010   2009  
 
  RSUs   Weighted
Average
Purchase
Price
  Weighted
Average
Intrinsic
Value
  RSUs   Weighted
Average
Purchase
Price
  RSUs   Weighted
Average
Purchase
Price
 
 
  (RSU's in thousands)
 

Outstanding at beginning of period

    361   $ 16.92           350   $ 18.13     297   $ 21.86  

Granted

    99     25.15           159     19.87     150     13.25  

Cancelled/Forfeitures

    (10 )   20.92           (21 )   16.68     (7 )   18.08  

Settled

    (58 )   18.01           (127 )   23.95     (90 )   22.31  
                                       

Outstanding at end of period

    392   $ 18.74   $ 15.47     361   $ 16.92     350   $ 18.13  
                                       

Vested at end of period

    157   $ 15.57   $ 18.64     105   $ 15.21     131   $ 21.12  
                                       

        

Schedule of information about RSUs outstanding

 

 

 
  RSUs Outstanding   RSUs Vested  
Range of Purchase Prices
  Number
Outstanding
  Weighted Average
Remaining Contractual
Life (years)
  Weighted Average
Purchase
Price
  Number
Vested
  Weighted Average
Purchase
Price
 
 
  (RSUs in thousands)
 

$7.04–$10.56

    17     2.1   $ 10.38     17   $ 10.38  

$10.57–$17.60

    123     0.2     13.25     82     13.25  

$17.61–$21.11

    150     1.2     19.86     51     19.84  

$21.12–$24.64

    3     3.3     22.42     3     22.42  

$24.65–$25.73

    99     2.3     25.17     4     25.73  
                             

 

    392     1.2   $ 18.74     157   $ 15.57  
                             

        

Schedule of weighted average assumptions used to estimate the grant-date fair value of restricted stock units

 

 

 
  Years Ended
December 31,
 
 
  2011   2010   2009  

Expected life (years)

    3.0     3.0     3.0  

Expected stock price volatility

    44.9 %   45.6 %   45.0 %

Expected dividend yield

    1.2 %   1.5 %   2.2 %

Risk-free interest rate

    1.2 %   1.5 %   1.4 %