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Stockholders' Equity and Stock-based Compensation Arrangements (Tables)
6 Months Ended
Jun. 30, 2013
Stockholders' Equity and Stock-based Compensation Arrangements  
Schedule of compensation cost and the income tax benefit recognized for the plans

 

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

 

 

2013

 

2012

 

2013

 

2012

 

Compensation cost included in:

 

 

 

 

 

 

 

 

 

Basic income per share

 

$

0.01

 

$

0.01

 

$

0.01

 

$

0.01

 

Diluted income per share

 

$

0.01

 

$

0.01

 

$

0.01

 

$

0.01

 

Stock-based compensation expense

 

92

 

100

 

188

 

211

 

Income tax benefit

 

18

 

21

 

39

 

47

 

Schedule of information regarding the stock plans

 

 

 

 

Number of
Options

 

Weighted-
Average
Exercise
Price

 

Weighted-
Average
Remaining
Contract
Life
(in years)

 

Aggregate
Intrinsic
Value

 

Outstanding, January 1, 2013

 

641,050

 

$

22.12

 

 

 

 

 

Granted

 

 

 

 

 

 

 

Exercised

 

(18,500

)

17.99

 

 

 

 

 

Forfeited

 

 

 

 

 

 

 

Outstanding, June 30, 2013

 

622,550

 

$

22.24

 

4.6

 

$

5,011

 

 

 

 

 

 

 

 

 

 

 

Exercisable, June 30, 2013

 

582,550

 

$

23.00

 

4.4

 

$

4,261

 

Schedule of key assumptions used for fair value of options granted under the Purchase Plan

 

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

 

 

2013

 

2012

 

2013

 

2012

 

Risk-free interest rate

 

0.2%

 

0.2%

 

0.2%

 

0.2%

 

Weighted-average expected life of option feature (in years)

 

1.0

 

1.0

 

1.0

 

1.0

 

Expected volatility of underlying stock

 

28.7%

 

28.6%

 

28.7%

 

28.6%

 

Expected dividends

 

n/a

 

n/a

 

n/a

 

n/a

 

Weighted-average fair value of option feature

 

$5.98

 

$7.19

 

$5.98

 

$7.19

 

Schedule of information regarding the Purchase Plan

 

 

 

Number of
Options

 

Weighted-
Average
Exercise
Price

 

Remaining
Contract
Life
(in years)

 

Aggregate
Intrinsic
Value

 

Outstanding, January 1, 2013

 

12,641

 

$

20.56

 

 

 

 

 

Shares subscribed

 

15,140

 

20.56

 

 

 

 

 

Exercised

 

 

 

 

 

 

 

Forfeited

 

(1,310

)

20.56

 

 

 

 

 

Outstanding, June 30, 2013

 

26,471

 

$

20.56

 

0.1

 

$

249