Share Capital and Share Repurchases (Tables)

12 Months Ended

Dec. 31, 2012

Changes in the Company's Issued and Outstanding Common Shares

The following table represents changes in the Company’s issued and outstanding common shares for the periods indicated:


	Year Ended December 31,
In thousands	2012		2011			2010
Beginning balance		13,956		15,742			16,846
Vested stock grants		60		122			109
Employee stock purchase plan		16		19			22
Stock options exercised		15		52			29
Treasury shares purchased		—		(1,979	)		(1,264	)

Ending balance		14,047		13,956			15,742

Share Repurchases

The following presents our share repurchases under the aforementioned programs for the periods indicated:


	Total Number of Shares Purchased		Average Cost Paid Per Share
Fourth quarter 2009 activity		141,576	$	47.72

Total 2009 activity		141,576	$	47.72

First quarter 2010 activity		573,600	$	41.27
Second quarter 2010 activity		558,003		40.32
Third quarter 2010 activity		97,115		42.25
Fourth quarter 2010 activity		35,566		48.04

Total 2010 activity		1,264,284	$	41.11

First quarter 2011 activity		256,094	$	50.96
Second quarter 2011 activity		597,026		47.55
Third quarter 2011 activity		749,076		43.03
Fourth quarter 2011 activity		376,911		45.61

Total 2011 activity		1,979,107	$	45.91

- Definition

Tabular disclosure of an entity's treasury stock, including the average cost per share, carrying basis for each class of treasury stock, description of share repurchase program authorized by an entity's board of directors, the number of shares repurchased, the cost of the shares repurchased, the remaining maximum dollar value of shares available for repurchase under the program, the treatment of the purchase price in excess of the current market value, number of shares held for each class of treasury stock, and other information necessary to a fair presentation.

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