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Share-Based Compensation And Capital Stock (Tables)
9 Months Ended
Sep. 30, 2011
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:
 
            
 
2011 Grants
 
2010 Grants
Risk-free interest rate
2.10
%
 
2.19
%
Expected volatility
39.51
%
 
41.92
%
Expected life of stock option
4.4 years

 
4.4 years

Dividend yield
1.79
%
 
2.26
%
Requisite service period
4 years

 
4 years

Contractual life
7 years

 
7 years

Weighted average fair value of options granted
$
12.42

 
$
10.07

Summary Of Activity Related To Restricted Stock Grants
The following table is a summary of activity related to restricted stock grants:
 
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2011
 
2010
 
2011
 
2010
Restricted share grants
45,674

 
4,203

 
247,298

 
279,157

Weighted average grant date fair value per share
$
30.27

 
$
35.69

 
$
38.84

 
$
33.07

Aggregate grant date fair value ($000)
$
1,383

 
$
150

 
$
9,604

 
$
9,233

Restricted shares forfeited
5,884

 
2,354

 
33,252

 
11,183

Vesting service period of shares granted
3 years

 
4 years

 
1-4 years

 
3-4 years

Grant date fair value of shares vested ($000)
$
298

 
$
200

 
$
6,655

 
$
5,948

Summary Of Activity Related To PVRSU Grants
The following table is a summary of activity related to PVRSU grants:
 
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2011
 
2010
 
2011
 
2010
Performance vested restricted stock units granted at target

 

 
25,036

 
33,517

Weighted average grant date fair value per share
$

 
$

 
$
41.25

 
$
32.60

Aggregate grant date fair value ($000)
$

 
$

 
$
1,033

 
$
1,093

Stock units forfeited

 

 
41,512

 
9,650

Requisite service period

 

 
3 years

 
3 years

Summary Of Change In Stock-Based Award Activity
A summary of stock-based award activity as of September 30, 2011 and changes during the nine months ended are presented below:
 
 
Stock Options
 
Restricted Stock
 
Performance Vested
Restricted  Stock Units
 
Options
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
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
(164,150
)
 
22.70

 
 
 
(204,972
)
 
32.47

 
0

 
0

Forfeited/Expired
(126,587
)
 
32.97

 
 
 
(33,252
)
 
33.33

 
(41,512
)
 
32.18

Outstanding at September 30, 2011
1,608,243

 
$
33.21

 
4.5 years
 
601,205

 
$
34.39

 
111,436

 
$
35.66

Options exercisable at September 30, 2011
954,395

 
$
33.06

 
4.0 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 three and nine months ended September 30, 2011 and 2010:
 
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
(in millions)
2011
 
2010
 
2011
 
2010
Stock options
$
0.7

 
$
0.7

 
$
2.0

 
$
1.9

Restricted stock
1.9

 
1.8

 
5.6

 
5.3

Performance vested restricted stock units
0.1

 
(0.7
)
 
0.4

 
(0.4
)
Total
$
2.7

 
$
1.8

 
$
8.0

 
$
6.8

Income tax benefits
$
1.0

 
$
0.7

 
$
3.0

 
$
2.5