COMMON AND PREFERRED STOCK (Tables)

12 Months Ended

Dec. 31, 2011

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

A summary of the company’s nonvested restricted share grant activity under the 1998 and 2007 Plans and related information for fiscal years ended January 1, 2011 and December 31, 2011 is as follows:

				Weighted
				Average
				Grant-Date
	Shares			Fair Value
Nonvested shares at January 2, 2010		679,243		$	53.61
Granted		-		$	-
Vested		(47,250	)	$	44.62
Forfeited		-		$	-
Nonvested shares at January 1, 2011		631,993		$	48.47
Granted		386,000		$	89.98
Vested		(327,933	)	$	83.61
Forfeited		(2,700	)	$	54.81
Nonvested shares at December 31, 2011		687,360		$	65.78

Schedule of Share-based Compensation, Activity

Additional information related to the share based compensation is as follows:

	2011		2010		2009
	(dollars in thousands)
Intrinsic value of options exercised	$	1,477	$	2,280	$	1,091
Cash received from exercise		236		666		391
Tax benefit from option exercises		74		450		335

Stock Incentive Plan 1998

Schedule of Share-based Compensation, Stock Options, Activity

A summary of stock option activity under the 1998 Plan is presented below (amounts in thousands, except share and per share data):

				Weighted		Weighted
				Average		Average		Aggregate
				Exercise		Remaining		Intrinsic
	Shares			Price		Life		Value
Outstanding at January 1, 2011:		724,888		$	9.49		2.36	$	54,312
Granted		—			—
Exercised		(18,218	)		12.95
Forfeited		—			—
Outstanding at December 31, 2011:		706,670		$	9.41		1.36	$	59,809
Exercisable at December 31, 2011:		706,670		$	9.41		1.36	$	59,809
Vested or expected to vest At December 31, 2011		706,670		$	9.41		1.36	$	59,809

Stock Incentive Plan 2007

Schedule of Share-based Compensation, Stock Options, Activity

A summary of stock option activity under the 2007 Plan is presented below (amounts in thousands, except share and per share data):

				Weighted		Weighted
				Average		Average		Aggregate
				Exercise		Remaining		Intrinsic
	Shares			Price		Life		Value
Outstanding at January 1, 2011:		2,921		$	15.76		1.11	$	200
Granted		—			—
Exercised		—					—
Forfeited		(324	)		25.39
Outstanding at December 31, 2011:		2,597		$	14.56		0.78	$	206
Exercisable at December 31, 2011:		2,597		$	14.56		0.78	$	206
Vested or expected to vest At December 31, 2011		2,597		$	14.56		0.78	$	206