Stock Compensation Plans (Tables)

12 Months Ended

Dec. 31, 2013

Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]

For purposes of calculating compensation cost, we estimate the fair value of each award on the date of grant using the Black-Scholes option-pricing model. The assumptions used in calculating the fair value of awards granted and the weighted average grant date fair value per share during the years ended December 31, 2013, 2012, and 2011 are as follows:

	2013	2012	2011
Risk-free interest rate	1.0%	1.0%	2.2%
Expected life in years	5.37	5.39	5.51
Expected dividend yield	2.6%	2.3%	2.5%
Expected volatility	56.0%	56.4%	49.0%
Weighted-average per share fair value of awards granted	$12.25	$12.36	$11.42

Summary of changes in options outstanding

The following table summarizes information about intrinsic value of awards exercised, fair value of awards vested and grant date fair value of awards granted during 2013, 2012 and 2011:

All Plans	2013		2012		2011
Intrinsic value of awards exercised during the year	$	2.6	$	3.6	$	5.1
Fair value of awards vested during the year		4.0		2.9		2.4
Grant date fair value of awards granted during the year		3.3		5.2		4.3

Summary of all stock compensation plans

The following table summarizes information about stock compensation awards outstanding and exercisable at December 31, 2013:

Weighted

All Plans

Average

Number

Exercise

Remaining

Price

Intrinsic

Contractual

Awards

Per Share

Value

Life (Yrs.)

Awards outstanding at December 31, 2013

1,458,802

26.99

10.2

7.05

Awards exercisable at December 31, 2013

834,737

24.57

7.9

6.07

Summary of nonvested stock compensation awards

The following table summarizes information about our nonvested stock compensation awards outstanding:

	December 31, 2013					December 31, 2012					December 31, 2011
				Weighted					Weighted					Weighted
All Plans -				Average					Average					Average
Nonvested Awards				Grant date					Grant date					Grant date
				Fair value					Fair Value					Fair Value
	Awards			Per Share		Awards			Per Share		Awards			Per Share
Nonvested awards outstanding at January 1		734,612		$	11.55		660,059		$	9.80		635,726		$	7.87
Granted		268,300			12.25		417,420			12.36		379,425			11.42
Vested		(360,832	)		11.00		(317,635	)		8.99		(311,630	)		7.80
Forfeited		(18,015	)		12.09		(25,232	)		11.59		(43,462	)		9.77
Nonvested awards outstanding at December 31		624,065			12.15		734,612			11.55		660,059			9.80

2006 Long-Term Incentive Plan [Member]

Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]

Summary of changes in options outstanding

Changes in options outstanding are summarized as follows:

	December 31, 2013					December 31, 2012					December 31, 2011
				Weighted					Weighted					Weighted
				Average					Average					Average
2006 Plan				Exercise					Exercise					Exercise
				Price					Price					Price
	Awards			Per Share		Awards			Per Share		Awards			Per Share
Awards outstanding at January 1		883,109		$	22.84		1,189,012		$	22.91		1,389,598		$	23.02
Exercised		(349,551	)		25.25		(297,528	)		23.11		(170,998	)		24.04
Forfeited		-			-		(3,125	)		23.24		(20,087	)		20.48
Expired		(49,224	)		29.84		(5,250	)		23.89		(9,501	)		23.64
Awards outstanding at December 31		484,334			20.39		883,109			22.84		1,189,012			22.91
Awards exercisable at December 31		484,334			20.39		781,574			22.79		885,003			23.67

2010 Long-Term Incentive Plan [Member]

Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]

Summary of changes in options outstanding

	December 31, 2013					December 31, 2012					December 31, 2011
				Weighted					Weighted					Weighted
				Average					Average					Average
2010 Plan				Exercise					Exercise					Exercise
				Price					Price					Price
	Awards			Per Share		Awards			Per Share		Awards			Per Share
Awards outstanding at January 1		750,296		$	30.20		356,050		$	30.66				$	-
Granted		268,300			30.47		417,420			29.80		379,425			30.66
Exercised		(26,113	)		30.36		(567	)		30.66		-			-
Forfeited		(18,015	)		30.16		(22,107	)		30.12		(23,375	)		30.66
Expired		-			-		(500	)		30.66		-			-
Awards outstanding at December 31		974,468			30.27		750,296			30.20		356,050			30.66
Awards exercisable at December 31		350,403			30.34		117,219			30.66		-			-

Summary of stock compensation awards outstanding and exercisable

Restricted stock awards are subject to performance conditions established by the Compensation Committee of the Board of Directors. Restricted stock awards do not pay dividends or allow voting rights during the vesting period. The fair value of these awards is equal to the quoted market price of our common stock on the grant date, discounted by the present value of the stream of dividends over the vesting period of the award. The fair value is amortized to compensation expense ratably over the performance period if achievement of the performance conditions is considered probable.

	December 31, 2013					December 31, 2012					December 31, 2011
				Weighted					Weighted					Weighted
				Average					Average					Average
2010 Plan				Grant Date					Grant Date					Grant Date
				Fair Value					Fair Value					Fair Value
	Awards			Per Share		Awards			Per Share		Awards			Per Share
Awards outstanding at January 1		49,997		$	30.66		75,000		$	30.66		-		$	-
Granted		129,700			28.94		-			-		77,000			30.66
Vested		(34,998	)		30.56		(25,003	)		30.66		-			-
Forfeited		(1,700	)		28.95					-		(2,000	)		30.66
Awards outstanding at December 31		142,999			29.15		49,997			30.66		75,000			30.66