Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2014

Stock-Based Compensation [Abstract]

Schedule of weighted average assumptions used for estimating the grant-date fair value of each option grant

The fair value of options granted during the nine months ended September 30, 2014 and 2013 were established at the date of grant using a Black-Scholes option pricing model with the weighted average assumptions as follows:

	Nine Months Ended
	September 30
	2014			2013
Expected dividend yield		3.40	%		3.74	%
Risk-free interest rate		2.01	%		1.33	%
Expected volatility		30.77	%		39.11	%
Expected term (in years)		7.0			7.5
Weighted average fair value of options	$	7.76		$	8.23