XML 82 R34.htm IDEA: XBRL DOCUMENT v2.4.0.6
Equity Award Plans (Tables)
12 Months Ended
Dec. 31, 2011
Equity Award Plans  
Summary of activity related to stock options during the year including awards applicable to discontinued operations

 

 

 
  Shares   Weighted
Average
Exercise
Price
  Weighted
Average
Remaining
Contractual
Term (in years)
  Aggregate
Intrinsic Value
($000)
 

Outstanding at December 31, 2010

    514,708   $ 28.54              

Granted

    80,432   $ 116.78              

Granted in exchange for Western Coal stock options

    193,498   $ 50.16              

Exercised

    (265,833 ) $ 33.70              

Cancelled

    (27,481 ) $ 126.04              
                         

Outstanding at December 31, 2011

    495,324   $ 43.13     5.5   $ 12,259  
                         

Exercisable at December 31, 2011

    381,507   $ 34.02     4.6   $ 10,623  
Schedule of weighted average assumptions used to determine the grant-date fair value of options granted

 

 

 
  For the year ended
December 31,
 
 
  2011(1)   2010   2009  

Risk free interest rate

    0.88 %   2.22 %   2.12 %

Dividend yield

    0.52 %   0.75 %   0.75 %

Expected life (years)

    2.46     5.10     5.24  

Volatility

    57.51 %   69.64 %   64.37 %

(1)
Includes fully vested replacement stock options issued on April 1, 2011 in connection with the acquisition of Western Coal described in Note 3, which significantly reduced the expected life as compared to prior periods.
Summary of activity related to restricted stock units during the year including awards applicable to discontinued operations

 

 

 
  Shares   Aggregate
Intrinsic Value
($000)
  Weighted
Average Remaining
Contractual Term
in Years
 

Outstanding at December 31, 2010

    201,838              

Granted

    144,517              

Vested

    (127,598 )            

Cancelled

    (55,510 )            
                   

Outstanding at December 31, 2011

    163,247   $ 9,886     1.47