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Equity Incentive Compensation Plans (Tables)
6 Months Ended
Jun. 30, 2011
Equity Incentive Compensation Plans  
Schedule of stock options or units activity

 
  Number of
Shares
  Weighted
Average
Exercise
Price
  Aggregate
Intrinsic Value
(in thousands)(1)
  Number of
Shares
Exercisable
 

Outstanding at January 1, 2011

    2,017,225   $ 25.87   $ 35,974     1,884,937  
 

Granted

    89,865     48.50              
 

Exercised

    (229,685 )   14.93              
 

Cancelled/expired

                     
                         

Outstanding at June 30, 2011

    1,877,405   $ 28.29   $ 46,637     1,656,002  
                         

(1)
The intrinsic value of a stock option is the amount by which the market value of the underlying stock at the end of the related period exceeds the exercise price of the option.
Summary of assumptions to estimate fair value of stock options

 
  2011  

Expected volatility

    45.00 %

Risk-free interest rate

    2.54 %

Dividend yield

    0.62 %

Expected term (in years)

    6.0  
Summary of restricted stock units activity

 
  RSUs   Weighted
Average
Grant Date
Fair Value
  Vest Date Fair
Value
(in thousands)
 

Outstanding at January 1, 2011

    857,360   $ 19.67        
 

Granted

    153,240     47.78        
 

Issued

    (14,515 )   38.69   $ 678  
 

Canceled/expired

    (3,388 )   25.47        
                   

Outstanding at June 30, 2011(1)(2)

    992,697   $ 23.70        
                   

(1)
The balance outstanding includes 30,544 RSUs granted to the non-employee Directors that are 100% vested at date of grant but are subject to a deferral election before the corresponding shares are issued.
(2)
The balance outstanding includes 294,767 RSUs granted to executive officers and other officers that have vested in accordance with the RSU agreement, but are subject to a deferral election before the corresponding shares are issued.
Summary of performance share awards activity

 
  Performance
Share Awards
  Weighted
Average
Grant Date
Fair Value
  Vest Date Fair
Value
(in Thousands)
 

Outstanding at January 1, 2011

    103,794   $ 31.20        
 

Granted

    65,620     51.86        
 

Issued

          $  
 

Canceled/expired

               
                   

Outstanding at June 30, 2011

    169,414   $ 39.20        
                   
Summary of assumptions used in valuing market-based restricted shares

 
  2011  

Number of simulations

    100,000  

Expected volatility

    44 %

Risk-free rate

    1.15 %