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Share-Based Compensation And Capital Stock (Tables)
12 Months Ended
Dec. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Weighted Average Assumptions Of Black-Scholes Option-Pricing Model
The fair value of the options granted was estimated on the grant date using the Black-Scholes option-pricing model with the following weighted average assumptions:
 
 
2013
 
2012
 
2011
Risk-free interest rate
0.73
%
 
0.78
%
 
2.10
%
Expected volatility
38.14
%
 
40.15
%
 
39.51
%
Expected life of stock option
4.5 years

 
4.4 years

 
4.4 years

Dividend yield
2.01
%
 
2.08
%
 
1.79
%
Requisite service period
4 years

 
4 years

 
4 years

Contractual life
7 years

 
7 years

 
7 years

Weighted average fair value of options granted (per option)
$
9.89

 
$
9.98

 
$
12.42

Schedule of Options Outstanding and Exercisable
The following table summarizes information about stock options outstanding at December 31, 2013:
 
 
Options Outstanding
 
Options Exercisable
Range of Exercise Prices
Number
Outstanding at
December 31,
2013
 
Weighted Average
Remaining
Contractual Life
 
Weighted
Average
Exercise Price
 
Number
Exercisable at
December 31,
2013
 
Weighted
Average
Exercise Price
$ 0.00 to $24.37
388,868

 
2.1 years
 
$
20.57

 
388,868

 
$
20.57

$24.38 to $29.25
936,613

 
2.7 years
 
$
26.12

 
710,982

 
$
26.05

$29.26 to $34.12
163,058

 
4.1 years
 
$
31.31

 
81,524

 
$
31.31

$34.13 to $39.00
173,413

 
6.1 years
 
$
36.76

 

 
$

 
1,661,952

 
3.0 years
 
$
26.44

 
1,181,374

 
$
24.61

Summary Of Activity Related To Restricted Stock Grants
The following table is a summary of activity related to restricted stock grants for the year ended December 31:
 
 
2013
 
2012
 
2011
Restricted shares granted
225,240

 
266,159

 
247,298

Weighted average grant date fair value per share
$
37.74

 
$
35.76

 
$
38.84

Aggregate grant date fair value ($000)
$
8,500

 
$
9,517

 
$
9,604

Restricted shares forfeited
40,552

 
26,824

 
68,580

Vesting service period of shares granted
12 - 48 months

 
12 - 68 months

 
12 - 48 months

Grant date fair value of shares vested ($000)
$
8,569

 
$
6,696

 
$
6,662

Summary Of Activity Related To PVRSU Grants
The following table is a summary of activity related to PVRSU grants during the years ended December 31, 2013, 2012 and 2011:
 
 
2013
 
2012
 
2011
Performance vested restricted stock units granted at target
80,184

 
117,523

 
25,036

Weighted average grant date fair value per share
$
39.48

 
$
35.27

 
$
41.25

Aggregate grant date fair value ($000)
$
3,165

 
$
4,145

 
$
1,033

Stock units forfeited
3,334

 
57,176

 
43,179

Requisite service period
22-38 months

 
24-60 months

 
3 years

Summary Of Change In Stock-Based Award Activity
A summary of stock-based award activity as of December 31, 2013, 2012 and 2011 and the changes during the years are presented below:
 
 
2013
 
Stock Options
 
Restricted Stock
 
Performance Vested
Restricted Stock Units
 
Options
 
Weighted
Average
Exercise Price
 
Weighted
Average
Contractual
Term
 
Shares
 
Weighted
Average Grant
Date Fair Value
 
Shares
 
Weighted
Average Grant
Date Fair Value
Outstanding at January 1, 2013
1,934,034

 
$
25.80

 
 
 
606,547

 
$
35.17

 
170,116

 
$
35.56

Granted
173,413

 
$
36.76

 
 
 
225,240

 
$
37.74

 
80,184

 
$
39.48

Performance-Based Leveraging*

 

 
 
 

 
$

 
9,192

 
$
32.60

Exercised/Vested
(347,180
)
 
$
25.54

 
 
 
(227,890
)
 
$
33.94

 
(39,816
)
 
$
32.60

Expired
(75,473
)
 
$
36.99

 
 
 

 
$

 

 
$

Forfeited
(22,842
)
 
$
28.94

 
 
 
(40,552
)
 
$
35.85

 
(3,334
)
 
$
41.25

Outstanding at December 31, 2013
1,661,952

 
$
26.44

 
3.0 years
 
563,345

 
$
36.64

 
216,342

 
$
37.34

Options exercisable at December 31, 2013
1,181,374

 
$
24.61

 
2.2 years
 
 
 
 
 
 
 
 
_________________
* PVRSU units outstanding have been increased by 9,192 units due to the Company exceeding the targeted performance conditions contained in PVRSU's granted in prior periods during the year ended December 31, 2013.


 
2012
 
Stock Options
 
Restricted Stock
 
Performance Vested
Restricted Stock Units
 
Options
 
Weighted
Average
Exercise
Price(1)
 
Weighted
Average
Contractual
Term
 
Shares
 
Weighted
Average Grant
Date Fair Value
 
Shares
 
Weighted
Average Grant
Date Fair Value
Outstanding at January 1, 2012
1,573,726

 
$
33.30

 
 
 
565,627

 
$
34.43

 
109,769

 
$
35.57

Granted
160,408

 
$
35.60

 
 
 
266,159

 
$
35.76

 
117,523

 
$
35.27

Special Dividend Adjustment
497,497

 
$
25.31

 
 
 

 
$

 

 
$

Exercised/Vested
(266,754
)
 
$
26.57

 
 
 
(198,415
)
 
$
33.75

 

 
$

Forfeited
(30,843
)
 
$
36.97

 
 
 
(26,824
)
 
$
36.06

 
(57,176
)
 
$
34.98

Outstanding at December 31, 2012
1,934,034

 
$
25.80

 
4.0 years
 
606,547

 
$
35.17

 
170,116

 
$
35.56

Options exercisable at December 31, 2012
1,302,624

 
$
25.62

 
3.1 years
 
 
 
 
 
 
 
 

 (1) The weighted average exercise price for options outstanding and exercisable reflect the reduction of the option price for outstanding options as described under "Special Dividend Adjustment". The weighted average exercise price for options granted, exercised or forfeited reflects the option price in effect at the time of the transaction.
 
2011
 
Stock Options
 
Restricted Stock
 
Performance Vested
Restricted Stock Units
 
Options
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Contractual
Term
 
Shares
 
Weighted
Average Grant
Date Fair Value
 
Shares
 
Weighted
Average Grant
Date Fair Value
Outstanding at January 1, 2011
1,732,674

 
$
31.43

 
 
 
592,131

 
$
31.81

 
127,912

 
$
33.43

Granted
166,306

 
$
41.25

 
 
 
247,298

 
$
38.84

 
25,036

 
$
41.25

Exercised/Vested
(175,386
)
 
$
21.92

 
 
 
(205,222
)
 
$
32.46

 

 
$

Forfeited
(149,868
)
 
$
33.76

 
 
 
(68,580
)
 
$
33.55

 
(43,179
)
 
$
32.53

Outstanding at December 31, 2011
1,573,726

 
$
33.30

 
4.2 years
 
565,627

 
$
34.43

 
109,769

 
$
35.57

Options exercisable at December 31, 2011
953,159

 
$
33.36

 
3.8 years
 
 
 
 
 
 
 
 

Pre-Tax Stock-Based Compensation Expenses And Associated Income Tax Benefits
The components of the Company’s pretax stock-based compensation expense and associated income tax benefits are as follows for the years ended December 31:
 
(in millions)
2013
 
2012
 
2011
Stock options
$
1.8

 
$
2.1

 
$
2.8

Restricted stock
7.5

 
7.5

 
7.7

Performance vested restricted stock units
2.2

 
1.7

 
0.7

Total
$
11.5

 
$
11.3

 
$
11.2

Income tax benefits
$
4.2

 
$
4.1

 
$
4.1


Schedule of Unrecognized Compensation Cost, Nonvested Awards
The total unrecognized compensation costs related to stock-based awards that have not yet vested and the related weighted average amortization period over which the costs are to be recognized as of December 31, 2013 are as follows:
 
 
Unrecognized
Compensation
Expense on Unvested
Awards
 
Weighted
Average
Amortization
Period
 
(In millions)
 
 
Stock options
$
2.5

 
2.4 years
Restricted stock
12.9

 
2.4 years
Performance vested restricted stock units
4.6

 
2.4 years
Total
$
20.0