XML 38 R30.htm IDEA: XBRL DOCUMENT v2.4.0.6
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2012
Stock-Based Compensation  
Summary of stock option activity

 

 

 

 

 

 

 

 

Weighted-

 

 

 

 

 

 

 

 

 

Average

 

Aggregate

 

 

 

 

 

Weighted-

 

Remaining

 

Intrinsic

 

 

 

Number

 

Average

 

Contractual

 

Value

 

 

 

of Shares

 

Option Price

 

Term (Years)

 

(Thousands)

 

Options outstanding at December 31, 2009

 

6,995,649

 

$

16.63

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Granted

 

1,514,500

 

11.89

 

 

 

 

 

Exercised

 

(5,550

)

13.64

 

 

 

$

7

 

Unvested options forfeited

 

(282,196

)

12.60

 

 

 

 

 

Vested options expired

 

(649,393

)

16.50

 

 

 

 

 

Options outstanding at December 31, 2010

 

7,573,010

 

$

15.85

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Granted

 

420,500

 

11.68

 

 

 

 

 

Exercised

 

(118,250

)

6.04

 

 

 

$

717

 

Unvested options forfeited

 

(363,192

)

11.17

 

 

 

 

 

Vested options expired

 

(758,440

)

18.16

 

 

 

 

 

Options outstanding at December 31, 2011

 

6,753,628

 

$

15.75

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Granted

 

970,500

 

8.98

 

 

 

 

 

Exercised

 

(106,375

)

6.04

 

 

 

$

297

 

Unvested options forfeited

 

(798,311

)

10.28

 

 

 

 

 

Vested options expired

 

(1,712,813

)

19.33

 

 

 

 

 

Options outstanding at December 31, 2012

 

5,106,629

 

$

14.32

 

5.51

 

$

0

 

 

 

 

 

 

 

 

 

 

 

Exercisable at December 31, 2012

 

2,850,335

 

$

18.06

 

3.69

 

$

0

 

Summary of information of stock options outstanding

The following table summarizes information about stock options outstanding at December 31, 2012:

 

 

 

 

 

Outstanding

 

Exercisable

 

 

 

 

 

Weighted-

 

Weighted-

 

 

 

Weighted-

 

 

 

 

 

Average

 

Average

 

 

 

Average

 

Range of

 

Number

 

Exercise

 

Remaining

 

Number

 

Exercise

 

Exercise Prices

 

Outstanding

 

Price

 

Life (Years)

 

Exercisable

 

Price

 

$   0.00  – 6.99

 

1,008,750

 

$

6.04

 

5.90

 

535,250

 

$

6.04

 

$ 7.00  – 10.99

 

933,000

 

$

8.81

 

9.30

 

15,000

 

$

7.86

 

$11.00  – 11.99

 

860,625

 

$

11.90

 

6.90

 

291,125

 

$

11.90

 

$12.00  – 15.99

 

684,626

 

$

14.36

 

6.03

 

389,332

 

$

15.16

 

$16.00  – 24.49

 

657,216

 

$

21.10

 

1.35

 

657,216

 

$

21.10

 

$24.50  – 28.85

 

962,412

 

$

25.87

 

2.64

 

962,412

 

$

25.87

 

 

 

5,106,629

 

$

14.32

 

5.51

 

2,850,335

 

$

18.06

 

Schedule of weighted-average assumptions used to estimate fair value

 

 

 

 

Years Ended December 31,

 

 

 

2012

 

2011

 

2010

 

Expected term (in years)

 

6.25

 

6.25

 

6.75

 

Expected stock price volatility

 

44.24

%

39.76

%

36.03

%

Risk-free interest rate

 

1.05

%

2.43

%

2.70

%

Expected dividend yield

 

3.41

%

2.42

%

2.42

%

Summary of non-vested share activity

 

 

 

 

 

 

Weighted-

 

 

 

 

 

Average

 

 

 

Number

 

Grant-Date

 

 

 

of Shares

 

Fair Value

 

Non-vested shares outstanding at December 31, 2009

 

153,740

 

$

15.76

 

 

 

 

 

 

 

Granted

 

85,747

 

11.93

 

Vested

 

(48,201

)

24.79

 

Forfeited

 

(10,000

)

24.86

 

Non-vested shares outstanding at December 31, 2010

 

181,286

 

$

11.05

 

 

 

 

 

 

 

Granted

 

300,224

 

12.31

 

Vested

 

(53,671

)

15.04

 

Forfeited

 

(8,499

)

11.95

 

Non-vested shares outstanding at December 31, 2011

 

419,340

 

$

11.42

 

 

 

 

 

 

 

Granted

 

332,113

 

9.91

 

Vested

 

(143,626

)

9.82

 

Forfeited

 

(107,374

)

11.09

 

Non-vested shares outstanding at December 31, 2012

 

500,453

 

$

10.95

 

Summary of performance stock unit activity

 

 

 

 

 

 

Weighted-

 

 

 

 

 

Average

 

 

 

Number

 

Grant-Date

 

 

 

of Shares

 

Fair Value

 

Performance stock units outstanding at December 31, 2009

 

57,450

 

$

20.52

 

 

 

 

 

 

 

Granted

 

0

 

0

 

Issued

 

0

 

0

 

Forfeited

 

(33,200

)

24.56

 

Performance stock units outstanding at December 31, 2010

 

24,250

 

$

14.98

 

 

 

 

 

 

 

Granted

 

188,800

 

11.34

 

Issued

 

(19,200

)

11.34

 

Forfeited

 

(24,250

)

14.98

 

Performance stock units outstanding at December 31, 2011

 

169,600

 

$

11.34

 

 

 

 

 

 

 

Granted

 

136,000

 

8.84

 

Issued

 

0

 

0

 

Forfeited

 

(65,900

)

10.15

 

Performance stock units outstanding at December 31, 2012

 

239,700

 

$

10.25