STOCK PLANS (Tables)

12 Months Ended

Dec. 31, 2011

STOCK PLANS

Schedule of restricted stock activity

	Number of Restricted Shares Granted			Weighted Average Fair Value
Outstanding at December 31, 2010		878,520		$	14.94
Granted		762,004			21.42
Forfeited		(30,000	)		21.58
Vested		(223,972	)		12.92
Outstanding at December 31, 2011		1,386,552		$	18.69

Schedule of stock options activity

	Number of Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term		Aggregate Intrinsic Value
								(in thousands)
Outstanding at December 31, 2008		2,758,979		$	15.20			$	—
Granted		935,000			10.24				—
Forfeited		(286,218	)		16.25				—
Outstanding at December 31, 2009		3,407,761		$	13.75		4.38	$	—
Exercisable at December 31, 2009		2,245,511		$	14.86		3.02	$	—
Outstanding at December 31, 2009		3,407,761		$	13.75			$	—
Exercised		(790,596	)		12.20				905,051
Forfeited		(112,064	)		14.20				35,192
Outstanding at December 31, 2010		2,505,101		$	14.22		4.47	$	7,742,565
Exercisable at December 31, 2010		1,683,101		$	15.67		3.72	$	2,961,443
Outstanding at December 31, 2010		2,505,101		$	14.22			$	7,742,565
Exercised		(878,658	)		14.97				4,731,919
Forfeited		(86,250	)		13.54				565,800
Outstanding at December 31, 2011		1,540,193		$	13.83		4.35	$	3,631,381
Exercisable at December 31, 2011		1,062,193		$	15.28		4.06	$	1,597,081

Schedule of stock options outstanding and exercisable by exercise price

	Options Outstanding						Options Exercisable
Range of Exercise Prices	Number of Options		Weighted Average Remaining Contractual Life		Weighted Average Exercise Price		Number of Options		Weighted Average Exercise Price
$10.24 - $15.00		1,138,623		4.48 years	$	11.67		660,623	$	12.45
$15.01 - $18.77		226,570		3.09		17.75		226,570		17.75
$18.78 - $23.47		175,000		5.12		22.77		175,000		22.77
$10.24 - $23.47		1,540,193		4.35	$	13.83		1,062,193	$	15.28

Schedule of weighted-average assumptions used in the lattice option pricing model

	2009
Expected volatility		44	%
Expected dividend yield		0.78	%
Expected term (in years)		6
Risk-free rate		3.34	%
Forfeiture rate		5	%

Schedule of non-vested options

	Number of Options			Weighted Average Grant-Date Fair Value
Nonvested at January 1, 2011		822,000		$	4.43
Granted		—			—
Vested		(287,750	)		4.75
Forfeited		(56,250	)		4.32
Nonvested at December 31, 2011		478,000		$	4.26