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Share-Based Arrangements (Tables)

12 Months Ended

Dec. 31, 2012

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award

The following table summarizes share-based compensation expense recorded during each period presented:



	For the Year Ended December 31,
	2012		2011		2010
In thousands
Stock options	$	1,850	$	1,743	$	1,407
Restricted stock awards	3,571		4,554		2,658
Stock appreciation rights	—		179		123
Employee stock purchase plan	444		330		270
Total share-based compensation	$	5,865	$	6,806	$	4,458

Schedule of Share-based Compensation, Stock Options, Activity

Stock option activity is as follows:



	Options		Weighted average- exercise price
Options outstanding at December 31, 2011	979,658		$	23.35
Granted	181,620		33.59
Exercised	(210,332	)	19.66
Forfeited or expired	(29,906	)	23.38
Options outstanding at December 31, 2012	921,040		$	26.21

Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding

The following table presents information regarding options outstanding as of December 31, 2012:



Weighted-average remaining contractual term - options outstanding (years)	6.5
Aggregate intrinsic value - options outstanding (in thousands)	$	9,284
Weighted-average exercise price - options outstanding	$	26.21
Options exercisable	351,258
Weighted-average remaining contractual term - options exercisable (years)	5.2
Aggregate intrinsic value - options exercisable (in thousands)	$	4,772
Weighted-average exercise price - options exercisable	$	22.70

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The following table indicates the weighted-average assumptions used in estimating fair value:



	2012			2011			2010
Expected option term (years)	5.4			6.5			6.5
Expected volatility	46.5		%	43.9		%	46.1		%
Risk-free interest rate	0.9		%	2.9		%	3.2		%
Expected dividend yield	1.9		%	2.2		%	3.3		%
Per share fair value of options granted	$	12.00		$	12.05		$	9.28

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity

Restricted Stock activity is as follows:



	Restricted Stock Awards		Weighted- average grant date fair value
Restricted Stock outstanding at December 31, 2011	309,533		$	25.74
Granted	94,392		33.67
Vested	(145,289	)	26.41
Forfeited or expired	(7,277	)	28.26
Restricted Stock outstanding at December 31, 2012	251,359		$	28.30

- 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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