XML 37 R33.htm IDEA: XBRL DOCUMENT v2.4.0.6
Equity Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2012
Equity Compensation Plans [Abstract]  
Summary of Stock Incentive Plans

Summary of Stock Incentive Plans. As of December 31, 2012, we have the following stock incentive plans, as summarized below (in thousands):

 

                 

Plan

  Shares
Reserved For
Issuance
    Shares
Available For
Issuance
 

1997 Director Plan (1)

    —         —    

2005 Plan (2)

    15,800       5,749  
   

 

 

   

 

 

 

Total stockholder approved

    15,800       5,749  
   

 

 

   

 

 

 

 

(1) The Stock Option Plan for Non-Employee Directors (the “1997 Director Plan”) was adopted upon stockholder approval. No further grants may be made under the 1997 Director Plan, but any stock awards outstanding under the 1997 Director Plan remain in effect in accordance with their respective terms.
(2) The 2005 Stock Incentive Plan was adopted upon stockholder approval. In 2011, our stockholders approved the amended and restated 2005 Stock Incentive Plan (the “2005 Plan”), which included an increase in the number of shares that may be issued under the plan from 12.4 million shares to 15.8 million shares. The shares available under the 2005 Plan have been reserved for issuance to officers and other key employees of our company and its subsidiaries and to non-employee directors of our company in the form of stock options, stock appreciation rights, performance unit awards, restricted stock awards, or stock bonus awards. Shares granted under the 2005 Plan in the form of a performance unit award, restricted stock award or stock bonus award are counted toward the aggregate number of shares of common stock available for issuance under the 2005 Plan as two shares for every one share granted or issued in payment of such award.
Summary of unvested restricted common stock activity

A summary of our unvested restricted stock activity during 2012 is as follows (shares in thousands):

 

                 
    2012  
    Shares     Weighted-
Average Grant
Date Fair Value
 

Unvested awards, January 1, 2012

    1,621     $ 17.87  

Awards granted

    1,052       16.58  

Awards forfeited/cancelled

    (79     17.81  

Awards vested

    (638     16.43  
   

 

 

   

 

 

 

Unvested awards, December 31, 2012

    1,956     $ 17.63