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Stock-Based Compensation Plans (Tables)
9 Months Ended
Sep. 30, 2012
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary Of Stock Option Activity
The following table provides a summary of stock option activity under the plans for the three and nine months ended September 30, 2012:
 
 
Three months ended September 30, 2012
 
Nine months ended September 30, 2012
 
Number of
Shares
 
Weighted-Average
Exercise Price
 
Number of
Shares
 
Weighted-Average
Exercise Price
Options outstanding, at beginning of period
2,820,285

 
$
29.27

 
2,513,327

 
$
30.03

Options granted

 

 
398,616

 
23.81

Options exercised
29,833

 
12.85

 
62,707

 
12.85

Options forfeited or expired
45,301

 
27.52

 
104,085

 
31.32

Options outstanding, at end of period
2,745,151

 
$
29.47

 
2,745,151

 
$
29.47

Options exercisable, at end of period
2,168,744

 
$
31.86

 
2,168,744

 
$
31.86

Options expected to vest, at end of period
530,693

 
$
20.25

 
530,693

 
$
20.25

Summary Of Weighted-Average Assumptions
The fair value of each option award is estimated on the date of grant using the Black-Scholes Option-Pricing Model with the following weighted-average assumptions:
 
 
2012
 
2011
Weighted-average assumptions:
 
 
 
Expected term (years)
6.6

 
6.5

Expected dividend yield
1.00
%
 
1.00
%
Expected forfeiture rate
9.00
%
 
9.00
%
Expected volatility
61.03
%
 
57.41
%
Risk-free interest rate
1.30
%
 
2.68
%
Fair value of option at grant date
$11.71
 
$12.74
Summary Of Restricted Stock Activity
The following tables summarize restricted unit activity, under the plans, for the three and nine months ended September 30, 2012:

 
Three months ended September 30, 2012
 
Time-Based
 
Number of Units
Weighted Average Grant Date Fair Value
Restricted units, at beginning of period

$

Modified
51,496

21.11

Vested
9,215

18.22

Restricted units, at end of period
42,281

$
21.74

 
 
 
 
Nine months ended September 30, 2012
 
Time-Based
 
Number of Units
Weighted Average Grant Date Fair Value
Restricted units, at beginning of period

$

Modified
51,496

21.11

Vested
9,215

18.22

Restricted units, at end of period
42,281

$
21.74

The following tables summarize restricted share activity, under the plans, for the three and nine months ended September 30, 2012:
 
 
Three months ended September 30, 2012
 
Time - Based
 
Performance - Based
 
Number of
Shares
 
Weighted-average
Grant Date
Fair Value
 
Number of
Shares
 
Weighted-average
Grant Date
Fair Value
Restricted shares, at beginning of period
409,691

 
$
21.36

 
129,277

 
$
25.44

Granted
2,819

 
20.52

 

 


Vested
69,413

 
19.70

 
11,897

 
25.44

Forfeited/Modified
57,044

 
21.24

 
6,338

 
25.44

Restricted shares, at end of period
286,053

 
$
21.78

 
111,042

 
$
25.44

 
 
Nine months ended September 30, 2012
 
Time - Based
 
Performance - Based
 
Number of
Shares
 
Weighted-average
Grant Date
Fair Value
 
Number of
Shares
 
Weighted-average
Grant Date
Fair Value
Restricted shares, at beginning of period
384,385

 
$
20.20

 

 
$

Granted
186,898

 
22.39

 
149,479

 
25.44

Vested
219,353

 
19.61

 
32,099

 
25.44

Forfeited/Modified
65,877

 
21.30

 
6,338

 
25.44

Restricted shares, at end of period
286,053

 
$
21.78

 
111,042

 
$
25.44