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Share-based Compensation (Tables)
9 Months Ended
Sep. 30, 2013
Fair Value Assumptions

The expected award life is based upon the average holding period over the history of the incentive plan. The following table summarizes the assumptions we used for the nine months ended September 30, 2013 and 2012:

 

     2013     2012  

Risk-free rate of return

     1.44     1.09

Expected dividend yields

     1.55     1.67

Expected award life (years)

     4.92        5.03   

Expected volatility

     31.1     32.6
2007 Plan [Member]
 
Summary of Stock Option Activity

A summary of option activity under the 2007 Plan as of September 30, 2013, and changes during the nine months then ended is as follows:

 

     Shares     Weighted-Average
Exercise Price
 

Outstanding at January 1, 2013

     418,325      $ 33.56   

Granted

     0      $ 0.00   

Exercised

     (151,286   $ 31.62   

Expired or forfeited

     (45,051   $ 34.21   
  

 

 

   

Outstanding at September 30, 2013

     221,988      $ 34.74   
  

 

 

   
Summary of Restricted Share Units Activity Under 2007 Plan

A summary of restricted share activity under the 2007 Plan as of September 30, 2013, and changes during the nine months then ended is as follows:

 

     Shares     Weighted-Average
Grant Date

Fair Value
 

Outstanding at January 1, 2013

     236,139      $ 29.76   

Granted

     117,788      $ 37.05   

Vested and issued

     (54,034   $ 29.80   

Expired or forfeited

     (41,077   $ 35.62   
  

 

 

   

Outstanding at September 30, 2013

     258,816      $ 32.71   
  

 

 

   
Summary of Stock-Settled SARs Activity Under 2007 Plan

A summary of stock-settled SARs activity under the 2007 Plan as of September 30, 2013, and changes during the nine months then ended is as follows:

 

     Shares     Weighted-Average
Exercise Price
 

Outstanding at January 1, 2013

     1,261,448      $ 27.04   

Granted

     332,004      $ 37.21   

Exercised

     (167,693   $ 26.69   

Expired or forfeited

     (124,711   $ 29.27   
  

 

 

   

Outstanding at September 30, 2013

     1,301,048      $ 29.46   
  

 

 

   
Summary of Cash-Settled SARs Activity Under 2007 Plan

A summary of cash-settled SARs activity under the 2007 Plan as of September 30, 2013, and changes during the nine months then ended is as follows:

 

     Shares     Weighted-Average
Exercise Price
 

Outstanding at January 1, 2013

     1,886,124      $ 29.75   

Granted

     556,598      $ 39.67   

Exercised

     (451,792   $ 29.46   

Expired or forfeited

     (175,284   $ 29.85   
  

 

 

   

Outstanding at September 30, 2013

     1,815,646      $ 32.85   
  

 

 

   
Amended Plan [Member]
 
Summary of Stock Option Activity

A summary of option activity under the Amended Plan as of September 30, 2013, and changes during the nine months then ended is as follows:

 

     Shares     Weighted-Average
Exercise Price
 

Outstanding at January 1, 2013

     210,097      $ 33.13   

Granted

     0      $ 0.00   

Exercised

     (115,555   $ 27.75   

Expired or forfeited

     (41,814   $ 47.71   
  

 

 

   

Outstanding at September 30, 2013

     52,728      $ 33.37