XML 56 R47.htm IDEA: XBRL DOCUMENT v2.4.0.8
STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock-based compensation expense
Stock-based compensation expense was as follows:

 
Years ended December 31,
 
2013
 
2012
 
2011
 
($ in millions)
Stock-based compensation
$
13.3

 
$
8.4

 
$
8.8

Mark-to-market adjustments
4.2

 
0.9

 
(0.5
)
Total expense
$
17.5

 
$
9.3

 
$
8.3

Stock Options Activity
Stock option transactions were as follows:
 
 
 
 
 
 
 
Exercisable
 
Shares
 
Option Price
 
Weighted Average
Option Price
 
Options
 
Weighted Average
Exercise Price
Outstanding at January 1, 2013
4,060,790

 
$14.28-23.78

 
$
18.39

 
2,961,434

 
$
18.00

Granted
621,000

 
23.28

 
23.28

 
 
 
 
Exercised
(534,905
)
 
14.28-23.78

 
16.72

 
 
 
 
Canceled
(32,063
)
 
15.35-23.28

 
20.57

 
 
 
 
Outstanding at December 31, 2013
4,114,822

 
$14.28-23.78

 
$
19.33

 
3,011,702

 
$
18.29

Stock Options Exercisable, Exercise Price Range
The following table provides certain information with respect to stock options exercisable at December 31, 2013:

Range of
Exercise Prices
 
Options
Exercisable
 
Weighted Average
Exercise Price
 
Options
Outstanding
 
Weighted Average
Exercise Price
Under $16.00
 
1,039,677

 
$
15.04

 
1,039,677

 
$
15.04

$16.00 – $20.00
 
751,391

 
$
17.85

 
932,041

 
$
18.03

Over $20.00
 
1,220,634

 
$
21.34

 
2,143,104

 
$
21.98

 
 
3,011,702

 
 
 
4,114,822

 
 
Common shares reserved and available for grant or purchase
At December 31, 2013, common shares reserved for issuance and available for grant or purchase under the following plans consisted of:

 
Number of Shares
Stock Option Plans
Reserved for Issuance
 
Available for
Grant or Purchase(1)
2000 long term incentive plan
420,406

 
11,413

2003 long term incentive plan
794,607

 
28,673

2006 long term incentive plan
1,814,133

 
217,733

2009 long term incentive plan
2,971,473

 
950,480

 
6,000,619

 
1,208,299

1996 stock option plan (plan expired)
34,602

 

Total under stock option plans
6,035,221

 
1,208,299


 
Number of Shares
Stock Purchase Plans
Reserved for Issuance
 
Available for
Grant or Purchase
1997 stock plan for non-employee directors
590,043

 
173,766

Employee deferral plan
46,110

 
45,629

Total under stock purchase plans
636,153

 
219,395

Performance Shares Transactions
Performance share transactions were as follows:

 
To Settle in Cash
 
To Settle in Shares
 
Shares
 
Weighted Average Fair Value per Share
 
Shares
 
Weighted Average
Fair Value per Share
Outstanding at January 1, 2013
245,167

 
$
21.45

 
242,250

 
$
19.22

Granted
150,222

 
22.71

 
149,250

 
21.40

Paid/Issued
(99,889
)
 
21.45

 
(96,000
)
 
15.68

Converted from shares to cash
3,611

 
20.26

 
(3,611
)
 
20.26

Canceled
(2,889
)
 
22.19

 
(2,889
)
 
21.99

Outstanding at December 31, 2013
296,222

 
$
28.90

 
289,000

 
$
21.48

Total vested at December 31, 2013
194,056

 
$
28.90

 
186,833

 
$
20.75

Summary of Unvested Performance Shares
The summary of the status of our unvested performance shares to be settled in cash were as follows:

 
Shares
 
Weighted Average
Fair Value per Share
Unvested at January 1, 2013
91,750

 
$
21.45

Granted
150,222

 
22.96

Vested
(136,917
)
 
28.90

Canceled
(2,889
)
 
22.19

Unvested at December 31, 2013
102,166

 
$
28.90