Share-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2012

Schedule of Weighted Average Option Fair Values and Assumptions

Weighted average option fair values and assumptions for the period specified are disclosed in the following table:

	Years Ended December 31,
	2012	2011	2010
Weighted average fair value of grants	$11.40	$12.30	$ 9.56
Dividend yield	1.59%	1.46%	1.51%
Volatility	32.00%	32.72%	33.43%
Risk-free interest rate	0.17% - 3.96%	0.28% - 5.61%	0.32% - 5.67%
Expected life (in years)	5.98	6.14	5.98

Schedule of Stock Option Activity

A summary of the Company’s stock option activity as of December 31, 2012, and changes during the year ended December 31, 2012 is presented in the following table:

Stock Options	Shares			Weighted Average Price		Weighted-Average Remaining Contractual Term		Aggregate Intrinsic Value
Outstanding at January 1, 2012		4,314,044		$	29.61		7.01	$	34,899,200
Granted		764,700			42.66
Exercised		(1,631,923	)		27.77
Forfeited/Expired		(223,079	)		36.60
Outstanding at December 31, 2012		3,223,742		$	33.16		6.37	$	43,106,153
Vested and expected to vest at December 31, 2012		3,100,929		$	32.86		6.28	$	42,398,877
Exercisable at December 31, 2012		1,780,761		$	29.00		4.82	$	31,219,847

Schedule of Unvested Share Activity

A summary of the Company’s unvested share activity as of December 31, 2012, and changes during the year ending December 31, 2012 is presented in the following table:

Unvested Shares	Shares			Weighted-Average Grant Date Fair Value
Nonvested at January 1, 2012		613,375		$	32.44
Granted		230,975			43.56
Vested		(166,134	)		22.00
Forfeited		(88,230	)		38.61
Nonvested at December 31, 2012		589,986		$	40.27

Stock Option

Schedule of Compensation Cost for Stock Options and Unvested Shares

Total compensation cost for stock options is as follows:

	Years Ended December 31,
	2012			2011			2010
	(In thousands)
Cost of goods sold	$	650		$	805		$	804
Selling, general and administrative expenses		5,642			6,153			6,923
Total expense before income taxes		6,292			6,958			7,727
Income tax benefit		(1,988	)		(2,208	)		(2,450	)
Total expense after income taxes	$	4,304		$	4,750		$	5,277

Unvested Shares

Schedule of Compensation Cost for Stock Options and Unvested Shares

Total compensation cost for unvested shares is as follows:

	Years Ended December 31,
	2012			2011(1)			2010
	(In thousands)
Cost of goods sold	$	991		$	684		$	311
Selling, general and administrative expenses		5,819			4,434			8,382
Restructuring expenses		—			—			938
Total expense before income taxes		6,810			5,118			9,631
Income tax benefit		(1,682	)		(1,827	)		(2,097	)
Total expense after income taxes	$	5,128		$	3,291		$	7,534

(1) Reflects the forfeiture of unvested shares related to the Company’s transition to a new CEO in August 2011.