XML 90 R45.htm IDEA: XBRL DOCUMENT

Long-term Equity-based Compensation (Tables)

12 Months Ended

Dec. 31, 2012

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

The assumptions used in the Black-Scholes pricing model for options granted during the years ended December 31, 2012, 2011 and 2010, were as follows:



	2012					2011					2010
RANGE OF VALUATION ASSUMPTIONS
Expected Volatility	29.36	%	-	53.84	%	41.26	%	-	55.16	%	40.55	%	-	50.51	%
Risk Free Interest Rate	0.16		-	1.26		1.30		-	2.87		1.70		-	3.20
Expected Dividend Yield	2.92		-	3.26		3.15		-	3.38		3.25		-	3.58
WEIGHTED-AVERAGE EXPECTED LIFE IN YEARS
Employee Grants	1		-	7		3.5		-	7		4		-	7
Director Grants	6					6					6

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]

Option and SAR activity for the year ended December 31, 2012 is presented below:



	Shares Subject to Options		Weighted- Average Exercise Price Per Share ($)		Weighted- Average Remaining Contractual Life (in Years)	Aggregate Intrinsic Value ($ In Millions)
Outstanding at Beginning of the Year	3,632,398		$	40.70
Granted	265,451		29.81
Exercised	(222,949	)	16.32
Forfeited or Expired	(482,846	)	47.10
Outstanding at December 31, 2012	3,192,054		40.53		3.97	$	3.0
Vested and Expected to Vest at December 31, 2012	3,162,634		$	40.64	3.93	$	2.9
Exercisable at December 31, 2012	2,736,989		$	42.69	3.24	$	2.0

Schedule of Options Outstanding [Table Text Block]

Information pertaining to options outstanding at December 31, 2012 is presented below:



					Outstanding				Exercisable
Range of Exercise Prices ($)					Shares Subject to Options	Weighted- Average Exercise Price Per Share ($)		Weighted- Average Remaining Contractual Life (in Years)	Shares Subject to Options	Weighted- Average Exercise Price Per Share ($)
$	10.00	-	$	15.00	38,000	$	13.55	6.09	38,000	$	13.55
15.01		-	20.00		8,000	16.48		6.35	8,000	16.48
20.01		-	25.00		293,750	23.75		7.28	161,312	23.64
25.01		-	30.00		584,750	28.64		8.16	266,123	28.20
30.01		-	35.00		6,614	31.92		5.84	2,614	31.18
35.01		-	40.00		340,577	37.25		4.81	340,577	37.25
40.01		-	45.00		400,084	43.56		1.46	400,084	43.56
45.01		-	50.00		1,185,747	48.62		2.42	1,185,747	48.62
50.01		-	55.00		334,532	50.85		1.03	334,532	50.85
10.00		-	55.00		3,192,054	40.53		3.97	2,736,989	42.69

Time Vested Restricted Stock [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]

Activity related to nonvested time-based restricted stock for the year ended December 31, 2012 was as follows:



	Time-Based Restricted Shares		Weighted- Average Grant-Date Fair Value Per Share
Nonvested Balance at Beginning of the Year	116,784		$	23.33
Granted	72,125		29.90
Vested	(42,824	)	24.41
Forfeited	(19,736	)	26.70
Nonvested Balance at End of Period	126,349		$	26.19

Performance Based Restricted Stock [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]

Activity related to nonvested performance-based restricted stock for the year ended December 31, 2012 was as follows:



	Performance-Based Restricted Shares		Weighted- Average Grant-Date Fair Value Per Share
Nonvested Balance at Beginning of the Year	172,875		$	29.86
Granted	68,575		36.65
Vested	(51,596	)	14.04
Forfeited	(2,779	)	31.11
Nonvested Balance at End of Period	187,075		$	36.70

- Definition

Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

+ References+ Details

- Definition

Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms.

+ References+ Details