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Employee Incentive Plans (Tables)
9 Months Ended
Sep. 30, 2011
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] 
Compensation expense relating to short term incentive plans
Total costs relating to STI Plans were recorded as follows, for each period presented:
 
Quarter Ended
 
Nine Months Ended
 
September 30, 2011
 
September 30, 2011
 
2011
 
2010
 
2011
 
2010
Cost of products sold
$
0.6

 
$
0.8

 
$
2.5

 
$
2.1

Selling, administrative, research and development and general
1.3

 
0.9

 
3.9

 
3.7

Total costs recorded in connection with STI Plans
$
1.9

 
$
1.7

 
$
6.4

 
$
5.8

The following table presents the allocation of the charges detailed above, by segment:
 
Quarter Ended
 
Nine Months Ended
 
September 30, 2011
 
September 30, 2011
 
2011
 
2010
 
2011
 
2010
Fabricated Products
$
1.3

 
$
1.3

 
$
4.7

 
$
3.9

All Other
0.6

 
0.4

 
1.7

 
1.9

Total costs recorded in connection with STI Plans
$
1.9

 
$
1.7

 
$
6.4

 
$
5.8

Non-cash compensation expense
Non-cash Compensation Expense. Recorded costs by type of award under LTI programs were as follows, for each period presented:
 
Quarter Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2011
 
2010
 
2011
 
2010
Service-based vested and non-vested common shares and restricted stock units
$
0.8

 
$
0.8

 
$
2.7

 
$
2.8

Performance shares
0.4

 
0.2

 
1.1

 
1.0

Service-based stock options

 

 

 
0.1

Total non-cash compensation expense
$
1.2

 
$
1.0

 
$
3.8

 
$
3.9

The following table presents the allocation of the charges detailed above, by segment:
 
Quarter Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2011
 
2010
 
2011
 
2010
Fabricated Products
$
0.4

 
$
0.4

 
$
1.2

 
$
1.3

All Other
0.8

 
0.6

 
2.6

 
2.6

Total non-cash compensation expense
$
1.2

 
$
1.0

 
$
3.8

 
$
3.9

Unrecognized gross compensation cost data
Unrecognized Gross Compensation Cost Data. The following table presents unrecognized gross compensation cost data:
 
September 30, 2011
 
Unrecognized gross compensation costs, by award type
 
Expected period (in years) over which the remaining gross compensation costs will be recognized, by award type
Service-based vested and non-vested common shares and restricted stock units
$
4.5

 
1.9

Performance shares
$
4.7

 
2.2


Fair value of non-vested common shares, restricted stock units, and performance shares
Summary of Activity. A summary of the activity with respect to non-vested common shares, restricted stock units and performance shares for the nine months ended September 30, 2011 is as follows:
 
Non-Vested
Common Shares
 
Restricted
Stock Units
 
Performance
Shares
 
Shares
 
Weighted-Average
Grant-Date Fair
Value per Share
 
Units
 
Weighted-Average
Grant-Date Fair
Value per Unit
 
Shares
 
Weighted-Average
Grant-Date Fair
Value per Share
Outstanding at December 31, 2010
268,864

 
$
27.91

 
7,872

 
$
21.74

 
686,895

 
$
26.84

Granted
83,066

 
47.07

 
2,182

 
46.59

 
188,741

 
46.65

Vested
(63,028
)
 
51.61

 
(3,314
)
 
16.83

 
(10,585
)
 
74.34

Forfeited

 

 

 

 

 

Cancelled

 

 

 

 
(68,799
)
 
74.34

Outstanding at September 30, 2011
288,902

 
$
28.25

 
6,740

 
$
32.20

 
796,252

 
$
26.80

A summary of select activity with respect to non-vested common shares, restricted stock units and performance shares for the nine months ended September 30, 2010 is as follows:
 
Non-Vested
Common Shares
 
Restricted
Stock Units
 
Performance
Shares
 
Shares
 
Weighted-Average
Grant-Date Fair
Value per Share
 
Units
 
Weighted-Average
Grant-Date Fair
Value per Unit
 
Shares
 
Weighted-Average
Grant-Date Fair
Value per Share
Granted
97,931

 
$
34.39

 
2,362

 
$
36.23

 
205,789

 
$
34.13

Vested
(75,680
)
 
$
52.92

 
(686
)
 
$
37.79

 
(609
)
 
$
31.02