XML 67 R26.htm IDEA: XBRL DOCUMENT v2.4.0.6
Common Stock (Tables)
9 Months Ended
Sep. 30, 2012
Assumptions Used for Calculating Fair Values of Stock Option Awards

The fair value of share-based awards is determined at the time the awards are granted which is generally in January of each year, and requires judgment in estimating employee and market behavior.

 

     Nine Months  Ended
September 30,
 
     2012     2011  

Stock Options Granted

    

Weighted average grant date fair value, per share

   $ 17.35      $ 26.13   

Weighted average assumptions used:

    

Expected volatility

     73.5     70.1

Expected lives

     4.7        4.8   

Risk-free interest rates

     0.8     1.8

Dividend yields

     0.0     0.0
Stock Options Status and Activity

Stock Options — The following table reflects the status and activity for all options to purchase common stock for the period indicated:

 

     Nine Months Ended September 30, 2012  
     Shares
Under
Option
    Weighted Avg.
Exercise
Prices
     Weighted Avg.
Remaining
Life in Years
     Aggregate
Intrinsic
Value
 
                         (Millions)  

Outstanding Stock Options

          

Outstanding, January 1, 2012

     2,743,199      $ 17.43         4.0       $ 37   

Granted

     316,799        29.83         

Canceled

     (22,840     16.00         

Forfeited

     (15,206     16.68         

Exercised

     (104,742     13.99            2   
  

 

 

         

Outstanding, March 31, 2012

     2,917,210      $ 18.92         4.2       $ 51   

Granted

     8,729        38.52         

Forfeited

     (4,417     32.03         

Exercised

     (10,274     5.56              
  

 

 

         

Outstanding, June 30, 2012

     2,911,248      $ 19.00         4.0       $ 36   

Granted

     202        28.76         

Forfeited

     (15,602     25.54         

Exercised

     (117,242     12.75            2   
  

 

 

         

Outstanding, September 30, 2012

     2,778,606      $ 19.23         3.9       $ 31   
  

 

 

         
Nonvested Restricted Shares

Restricted Stock — The following table reflects the status for all nonvested restricted shares for the period indicated:

 

     Nine Months Ended
September 30, 2012
 
     Shares     Weighted Avg.
Grant Date
Fair Value
 

Nonvested Restricted Shares

    

Nonvested balance at January 1, 2012

     407,751      $ 22.64   

Granted

     217,225        29.83   

Vested

     (246,314     15.74   

Forfeited

     (2,378     9.71   
  

 

 

   

Nonvested balance at March 31, 2012

     376,284      $ 31.39   

Granted

     5,974        38.52   

Vested

     (7,126     24.32   

Forfeited

     (2,491     31.79   
  

 

 

   

Nonvested balance at June 30, 2012

     372,641      $ 31.64   

Granted

     125        28.76   

Vested

     (20,660     30.63   

Forfeited

     (3,161     32.12   
  

 

 

   

Nonvested balance at September 30, 2012

     348,945      $ 31.69