Share-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2011

Summarized Share-Based Compensation Activity


	Options				RSUs		Performance Shares
	2011		2010		2011	2010	2011	2010
Outstanding at beginning of period	100,500		351,500		-	3,311	296,591	307,985
Granted	-		-		-	-	-	-
Dividends	-		-		-	-	-	-
Exercised	(75,000	)	-		-	-	-	-
Expired	(25,000	)	-		-	-	-	-
Forfeited	-		-		-	-	-	-
Outstanding at period end	500		351,500		-	3,311	296,591	307,985
Exercisable at period end	500		351,500		-	-	-	-

					Management Performance
	Restricted Shares				Shares
	2011		2010		2011	2010
Outstanding at beginning of period	286,737		219,782		111,298	110,706
Granted	-		29,591		-	-
Dividends	-		-		-	-
Exercised	(2,500	)	-		-	-
Expired	-		-		-	-
Forfeited	-		(272	)	-	-
Outstanding at period end	284,237		249,101		111,298	110,706
Exercisable at period end	-		-		-	-


	Director RSUs
	2011		2010
Outstanding at beginning of period	16,528		20,944
Granted	-		15,752
Dividends accrued	624		683
Exercised and issued	(2,066	)	(2,618	)
Exercised and deferred	(15,086	)	(18,817	)
Forfeited	-		-
Outstanding at period end	-		15,944
Exercisable at period end	-		-

Summarized share-based compensation activity for the six months ended June 30, 2011 and 2010 was as follows:


	Options				RSUs				Performance Shares
	2011		2010		2011		2010		2011		2010
Outstanding at beginning of year	351,500		417,500		-		3,311		278,334		237,704
Granted	-		-		-		-		85,093		161,534
Dividends	-		-		-		-		-		-
Exercised	(75,000	)	(66,000	)	-		-		-		(91,253	)
Expired	(276,000	)	-		-		-		(66,836	)	-
Forfeited	-		-		-		-		-		-
Outstanding at period end	500		351,500		-		3,311		296,591		307,985
Exercisable at period end	500		351,500		-		-		-		-

					Management Performance
	Restricted Shares				Shares
	2011		2010		2011		2010
Outstanding at beginning of year	219,391		218,197		104,124		84,241
Granted	67,346		34,176		49,510		37,480
Dividends	-		-		-		-
Exercised	(2,500	)	(3,000	)	(7,911	)	-
Expired	-		-		(31,081	)	-
Forfeited	-		(272	)	(3,344	)	(11,015	)
Outstanding at period end	284,237		249,101		111,298		110,706
Exercisable at period end	-		-		-		-


	Director RSUs
	2011		2010
Outstanding at beginning of year	16,320		20,712
Granted	-		15,752
Dividends accrued	1,362		1,154
Exercised and issued	(2,066	)	(2,618	)
Exercised and deferred	(15,616	)	(19,056	)
Forfeited	-		-
Outstanding at period end	-		15,944
Exercisable at period end	-		-

- Definition

Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

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