XML 49 R14.htm IDEA: XBRL DOCUMENT v2.4.0.8
STOCK-BASED COMPENSATION
9 Months Ended
Sep. 30, 2013
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
STOCK-BASED COMPENSATION

NOTE 7—STOCK-BASED COMPENSATION

Equity instruments are measured at fair value on the grant date. Stock-based compensation expense is generally recognized on a straight-line basis over the requisite service periods of the awards. Compensation expense is based on awards we expect to ultimately vest. Therefore, we have reduced compensation expense for estimated forfeitures based on our historical forfeiture rates. Our estimate of forfeitures is determined at the grant date and is revised if our actual forfeiture rate is materially different from our estimate.

We use a Black-Scholes model to determine the fair value of certain share-based awards, such as stock options. Additionally, we use a Monte Carlo model to determine the fair value of certain share-based awards that contain market and performance-based conditions. The use of these models requires highly subjective assumptions, such as assumptions about the expected life of the award, vesting probability, expected dividend yield and the volatility of our stock price. Total stock-based compensation expense, net recognized for the three months and nine months ended September 30, 2013 and September 30, 2012 was as follows:

Three Months Ended
September 30,
Nine Months Ended
September 30,
2013 2012 2013 2012

(Unaudited)

(In thousands)

Stock Options

$ 1,050 $ 982 $ 3,250 $ 2,999

Restricted Stock and Restricted Stock Units

2,702 1,446 7,689 5,164

Performance Shares and Deferred Stock Units

1,630 1,211 4,553 3,286

Total

$ 5,382 $ 3,639 $ 15,492 $ 11,449