XML 39 R32.htm IDEA: XBRL DOCUMENT v2.4.0.8
Share-Based Employee Compensation (Tables)
 9 Months Ended
Sep. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Share-Based Compensation Including Expense for Phantom Stock Units and Cash Settled Stock Appreciation Rights Granted to Employees
The table below summarizes the amounts recognized in the financial statements for the three and nine months ended September 30, 2014 and 2013 for share-based compensation, including expense for stock options, restricted stock units, phantom stock units, cash settled stock appreciation rights and performance share units. The decrease in share-based compensation expense during the three and nine months ended September 30, 2014 compared to the same periods in the prior year was due to a decline in the stock price period over period. In addition, compensation expense during 2013 included expense from phantom stock units which vested in January 2014.
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
(In thousands)
2014
 
2013
 
2014
 
2013
Cost of sales
$
(55
)
 
$
84

 
$
71

 
$
229

Operating expenses
(436
)
 
1,804

 
2,519

 
4,028

Total cost of share-based compensation included in income,
before income tax
$
(491
)
 
$
1,888

 
$
2,590

 
$
4,257
Weighted Average Black-Scholes Fair Value Assumptions used in Valuation of Stock Options Granted
The table below summarizes the weighted average Black-Scholes fair value assumptions used in the valuation of stock options granted during the nine months ended September 30, 2013. There were no stock options granted during the third quarter of 2013, and the first nine months of 2014.
 
Nine Months Ended 
 September 30, 2013
Dividend yield
0.6
%
Expected volatility
48.8
%
Risk free interest rate
0.7
%
Expected life
4.3 years