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STOCKHOLDERS' EQUITY (Tables)
9 Months Ended
Sep. 30, 2012
STOCKHOLDERS' EQUITY  
Options activity outstanding of stock option plan

 

 

(in thousands except per share data)

 

Shares

 

Weighted-
Average
Exercise Price

 

Weighted- Average
Remaining
Contractual Term
(in years)

 

Aggregate
Intrinsic
Value

 

Outstanding at December 31, 2011

 

33

 

$

5.26

 

0.93

 

$

553

 

Exercised

 

(32

)

5.25

 

 

 

 

 

Outstanding at September 30, 2012

 

1

 

5.52

 

0.33

 

18

 

Exercisable at September 30, 2012

 

1

 

$

5.52

 

0.33

 

$

18

 

Components of the stock-based compensation programs recorded as expense

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

September 30,

 

September 30,

 

(in thousands)

 

2012

 

2011

 

2012

 

2011

 

Time lapse restricted stock:

 

 

 

 

 

 

 

 

 

Pre-tax compensation expense

 

$

2,376

 

$

1,882

 

$

7,125

 

$

5,645

 

Tax benefit

 

(915

)

(725

)

(2,743

)

(2,174

)

Restricted stock expense, net of tax

 

$

1,461

 

$

1,157

 

$

4,382

 

$

3,471

Summarized information on unvested restricted stock units outstanding

 

 

(in thousands except per share data)

 

Number of
Shares

 

Weighted-
Average Grant-
Date Fair Value

 

Unvested Restricted Stock Units at December 31, 2011

 

2,686

 

$

13.31

 

Forfeited

 

(69

)

18.21

 

Vested

 

(627

)

10.87

 

Granted

 

776

 

22.69

 

Unvested Restricted Stock Units at September 30, 2012

 

2,766

 

$

16.37