Long-term Equity-based Compensation (Tables)

12 Months Ended

Dec. 31, 2013

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

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The assumptions used in the Black-Scholes pricing model for options granted during the years ended December 31, 2013, 2012 and 2011, were as follows:



	2013					2012					2011
RANGE OF VALUATION ASSUMPTIONS
Expected Volatility	39.10	%	-	48.23	%	29.36	%	-	53.84	%	41.26	%	-	55.16	%
Risk Free Interest Rate	0.62		-	1.38		0.16		-	1.26		1.30		-	2.87
Expected Dividend Yield	2.83		-	3.00		2.92		-	3.26		3.15		-	3.38
WEIGHTED-AVERAGE EXPECTED LIFE IN YEARS
Employee Grants	4		-	7		1		-	7		3.5		-	7
Director Grants	6					6					6

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award

Option and SAR activity for the year ended December 31, 2013 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	3,192,054		$	40.53
Granted	283,750		33.20
Exercised	(364,750	)	25.32
Forfeited or Expired	(567,381	)	42.83
Outstanding at December 31, 2013	2,543,673		41.38		3.57	$	9.3
Vested and Expected to Vest at December 31, 2013	2,512,512		$	41.51	3.51	$	9.0
Exercisable at December 31, 2013	2,226,795		$	42.81	2.87	$	6.3

Schedule of Options Outstanding

Information pertaining to options outstanding at December 31, 2013 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	16,750	$	13.55	5.10	16,750	$	13.55
15.01		-	20.00		8,000	16.48		5.35	8,000	16.48
20.01		-	25.00		38,250	23.43		6.07	38,250	23.43
25.01		-	30.00		404,000	28.87		7.58	250,812	28.77
30.01		-	35.00		255,375	33.19		9.08	91,685	32.72
35.01		-	40.00		314,500	37.22		3.97	314,500	37.22
40.01		-	45.00		311,868	43.57		0.71	311,868	43.57
45.01		-	50.00		958,222	48.64		1.85	958,222	48.64
50.01		-	55.00		236,708	50.51		0.36	236,708	50.51
10.00		-	55.00		2,543,673	41.38		3.57	2,226,795	42.81

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

Activity related to nonvested time-based restricted stock for the year ended December 31, 2013 was as follows:



	Time-based Restricted Shares		Weighted- average Grant-date Fair Value Per Share
Nonvested Balance at Beginning of the Year	126,349		$	26.19
Granted	75,625		33.33
Vested	(59,065	)	24.99
Forfeited	(41,282	)	27.98
Nonvested Balance at End of Period	101,627		$	31.48

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

Activity related to nonvested performance-based restricted stock for the year ended December 31, 2013 was as follows:



	Performance-based Restricted Shares		Weighted- average- Grant-date Fair Value Per Share
Nonvested Balance at Beginning of the Year	187,075		$	36.70
Granted	70,675		42.12
Vested	(53,118	)	33.14
Forfeited	(27,832	)	39.16
Nonvested Balance at End of Period	176,800		$	39.54

- 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.

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