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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2012
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Weighted-Average Assumptions used in Option Pricing Model
The following table presents the weighted-average assumptions used in the option pricing model for the periods indicated:
Years ended December 31,
2012
 
2011
 
2010
Expected volatility
37.46
%
 
36.36
%
 
35.66
%
Expected dividend yield
3.35
%
 
3.17
%
 
2.98
%
Risk-free interest rate
1.99
%
 
3.05
%
 
3.08
%
Expected life of options (in years)
7.85

 
7.97

 
7.70

Schedule of Share-based Compensation, Stock Options, Activity
The following table summarizes stock option activity under the Company’s active stock option plans for the year ended December 31, 2012:
 
Number of
Shares
 
Weighted-Average
Exercise Price
 
Weighted-Average
Remaining
Contract Life
Outstanding options, beginning of year
3,484,928

 
$
16.26

 
 
Granted
369,766

 
14.33

 
 
Exercised
(376,634
)
 
11.38

 
 
Forfeited
(27,442
)
 
14.42

 
 
Expired
(76,963
)
 
16.75

 
 
Outstanding options, end of year
3,373,655

 
$
16.60

 
5.02 years
Outstanding options exercisable, end of year
2,756,441

 
$
17.10

 
4.23 years
Schedule of Nonvested Share Activity
Information with respect to the Company’s nonvested stock options as of and for the year ended December 31, 2012 follows:
 
Number of
Shares
 
Weighted-Average
Grant Date Fair Value
Nonvested stock options, beginning of year
588,236

 
$
3.71

Granted
369,766

 
4.06

Vested
(313,346
)
 
3.13

Forfeited
(27,442
)
 
4.12

Nonvested stock options, end of year
617,214

 
$
4.20

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity
The following table presents information regarding the Company’s restricted stock as of December 31, 2012:
 
Number of
Shares
 
Weighted-Average
Measurement Date
Fair Value
Restricted stock, beginning of year
190,770

 
$
14.57

Granted
122,912

 
14.37

Vested
(67,720
)
 
14.82

Forfeited
(8,276
)
 
14.69

Canceled
(6,956
)
 
15.00

Restricted stock, end of year
230,730

 
$
14.38