XML 68 R34.htm IDEA: XBRL DOCUMENT v2.4.0.6
Shareholders' Equity (Tables)
6 Months Ended
Jun. 30, 2012
Stockholders' Equity Note [Abstract]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The assumptions used in our Black-Scholes valuation related to grants were as follows:
 
June 30,
2012
 
July 2,
2011
Risk-free interest rate
1.3
%
 
2.6
%
Expected life (years)
7.0

 
7.0

Expected volatility
37.6
%
 
35.5
%
Expected dividend yield
1.2
%
 
1.0
%
Summary of Share-Based Awards
A summary of share-based awards (options and SARs) as of June 30, 2012 follows below. Forfeitures of share-based awards during the six months ended June 30, 2012 totaled 13,640.

 
Number of Shares
Shares
 
Weighted Average
Exercise Price
 
Weighted Average
Remaining
Contractual Term
(years)
 
Aggregate Intrinsic
Value (in
millions)
Outstanding
1,849,830

 
$
52.26

 
6.5

 
$
21.9

Exercisable
914,065

 
41.92

 
4.4

 
18.6

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]
Changes in restricted stock awards for the six months ended June 30, 2012 were as follows:
 
 
Shares
Weighted Average Value
 
 
Unvested restricted stock awards, December 31, 2011
138,330

$
60.67

 
Granted
92,236

63.56

 
Vested
(32,300
)
43.11

 
Forfeited
(255
)
63.56

 
Unvested restricted stock awards June 30, 2012
198,011

$
64.85