Stockholders' Equity

12 Months Ended

Dec. 31, 2011

Stockholders' Equity [Abstract]

Stockholders' Equity

Note 19.  Stockholders' Equity

Capital Stock

     The Company's authorized capital stock consists of 100 million shares of common stock, par value $0.10 per share, of which 17,654,965 shares and 18,298,551 shares were outstanding at December 31, 2011 and 2010, respectively, and 1,000,000 shares of preferred stock, none of which were issued and outstanding.

Cash Dividends

     Cash dividends of $3.6 million or $0.20 per common share were paid during 2011. In January 2012, a cash dividend of approximately $0.8 million or $0.05 per share, was declared, payable in the first quarter of 2012.

Stock Award and Incentive Plan

     The Company has adopted its 2001 Stock Award and Incentive Plan (the "Plan"), which provides for grants of incentive and non-qualified stock options, stock appreciation rights, stock awards or performance unit awards. The Plan is administered by the Compensation Committee of the Board of Directors. Stock options granted under the Plan have a term not in excess of ten years. The exercise price for stock options will not be less than the fair market value of the common stock on the date of the grant, and each award of stock options will vest ratably over a specified period, generally three years.

     The following table summarizes stock option and restricted stock activity for the Plan:

			Stock Options					Restricted Stock
	Shares Available for Grant			Shares			Weighted Average Exercise Price Per Share ($)		Shares			Weighted Average Exercise Price Per Share ($)
Balance  January 1, 2009	435,850			661,781		$	55.14		161,294		$	61.63
Granted	(280,600	)		179,200			39.84		101,400			39.65
Authorized ...........	800,000			--			--		--			--
Exercised/vested	--			(7,532	)		35.63		(41,020	)		60.35
Canceled	78,875			(45,919	)		43.14		(32,956	)		61.30
Balance December 31, 2009	1,034,125			787,530		$	52.54		188,718		$	50.16
Granted	(219,460	)		141,140			49.12		78,320			49.13
Exercised/vested..........	--			(31,697	)		44.88		(59,087	)		54.43
Canceled	134,624			(76,943	)		54.42		(57,681	)		52.12
Balance December 31, 2010	949,289			820,030		$	54.21		150,270		$	47.19
Granted............	(190,812	)		122,323			64.12		68,489			64.17
Exercised/vested..........	--			(120,598	)		50.02		(47,123	)		63.98
Canceled	80,392			(34,768	)		53.59		(45,624	)		60.44
Balance December 31, 2011	838,869			786,987		$	54.19		126,012		$	54.52