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Stock Options and Restricted Stock (Tables)
12 Months Ended
Dec. 31, 2011
Summary Information about Stock Options Outstanding

The following table summarizes information about stock options outstanding at December 31, 2011:

 

   

Options Outstanding

   

Options Exercisable

 

Range of Exercise Prices

 

Number Outstanding
December 31, 2011

 

Weighted Average
Remaining Contractual
Life (in years)

  Weighted Average
Exercise Price
   

Number Exercisable
December 31, 2011

  Weighted Average
Exercise Price
 

$ 5.92-10.00

  460,661   1.62   $ 8.80      460,661   $ 8.80   

 10.01-15.00

  2,068,006   5.19     13.97      1,281,506     13.89   

 15.01-19.92

  320,453   7.84     19.70      21,203     16.61   
 

 

     

 

 

$ 5.92-19.92

  2,849,120   4.91   $ 13.78      1,763,370   $ 12.59   
 

 

     

 

 
Summary of Stock Option Activity

The table below summarizes option activity for the year ended December 31, 2011:

 

     Options
(In  Thousands)
    Weighted Average
Exercise Price
     Weighted Average
Remaining
Contractual Term
     Aggregate
Intrinsic Value
(in Thousands)
    Weighted
Average Fair
Value
 

Outstanding at January 1, 2011

     3,374      $ 13.80          $ 43,460      $ 6.26   

Granted

     —          —              —          —     

Exercised

     (447     13.68            (5,469     5.45   

Forfeited

     (78     15.21            (886     6.18   
  

 

 

           

Outstanding at December 31, 2011

     2,849      $ 13.78         4.91 years       $ 36,760      $ 6.38   
  

 

 

           

Exercisable at December 31, 2011

     1,763      $ 12.59         3.52 years       $ 24,848      $ 5.93   
  

 

 

           
Summary of Restricted Stock Activity

The following table summarizes information about restricted stock activity:

 

      Restricted Stock
(In Thousands)
    Weighted Average
Grant Price
 

Outstanding at January 1, 2011

     438      $ 17.01   

Granted

     266        23.57   

Vested

     (287     25.24   

Forfeited

     (2     22.84   
  

 

 

   

Outstanding at December 31, 2011

     415      $ 19.64