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Compensation Plans (Tables)
6 Months Ended
Jun. 30, 2011
Compensation Plans.  
Schedule of performance share awards under equity incentive compensation plan

 

 

 

 

Weighted-

 

 

 

 

 

Average Grant-

 

 

 

PSAs

 

Date Fair Value

 

Non-vested, at January 1, 2011

 

1,110,666

 

$

39.48

 

Granted

 

 

$

 

Vested (1)

 

(7,682

)

$

36.69

 

Forfeited

 

(23,289

)

$

39.41

 

Non-vested, at June 30, 2011

 

1,079,695

 

$

39.50

 

 

(1)                The number of awards vested assumes a multiplier of one. The final number of shares vested may vary depending on the ending three-year multiplier, which ranges from zero to two.

Schedule of restricted stock unit incentive program under equity incentive compensation plan

 

 

 

 

 

 

Weighted-Average

 

 

 

 

 

Grant-Date

 

 

 

RSUs

 

Fair Value

 

Non-vested, at January 1, 2011

 

333,359

 

$

31.16

 

Granted

 

8,287

 

$

60.33

 

Vested

 

(27,714

)

$

37.84

 

Forfeited

 

(6,638

)

$

29.88

 

Non-vested, at June 30, 2011

 

307,294

 

$

31.37

Schedule of stock option grants under prior stock option plans

 

 

 

 

 

 

Weighted-

 

 

 

 

 

 

 

Average

 

Aggregate

 

 

 

Options

 

Exercise Price

 

Intrinsic Value

 

 

 

 

 

 

 

 

 

Outstanding, January 1, 2011

 

920,765

 

$

13.11

 

$

42,192,057

 

Exercised

 

(310,412

)

$

12.26

 

 

 

Forfeited

 

 

$

 

 

 

Outstanding, June 30, 2011

 

610,353

 

$

13.54

 

$

36,586,971

 

Vested and exercisable, June 30, 2011

 

610,353

 

$

13.54

 

$

36,586,971

Summary of cash payments made or accrued under the Net Profits Plan

 

 

 

 

For the Three Months
Ended June 30,

 

For the Six Months
Ended June 30,

 

 

 

2011

 

2010

 

2011

 

2010

 

 

 

(in thousands)

 

General and administrative expense

 

$

5,261

 

$

5,381

 

$

10,591

 

$

12,315

 

Exploration expense

 

585

 

667

 

1,062

 

1,258

 

Total

 

$

5,846

 

$

6,048

 

$

11,653

 

$

13,573