Share-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2011

Share-Based Compensation

Schedule of Stock Option Valuation Assumption

	2011	2010	2009
Dividend yield	5.90%	6.52%	9.09%
Expected volatility	45.71%	37.56%	36.69%
Expected lives	3.9 years	4.9 years	3.4 years
Risk-free interest rate	1.11%	2.22%	1.57%

Summary of Stock Option Activity

The following table summarizes our outstanding stock options:
			Weighted Average
	Number	Weighted Average	Remaining	Aggregate
	of Shares	Exercise Price	Contractual Life (Years)	Intrinsic Value
Outstanding December 31, 2008	159,668	$  29.03
Options granted under 2005 Plan	275,000	$  25.29
Options exercised under 1997 Plan	(15,000)	$  23.90
Options exercised under 2005 Plan	(165,832)	$  25.18
Outstanding December 31, 2009	253,836	$  27.72
Options granted under 2005 Plan	395,000	$  36.18
Options exercised under 1997 Plan	(48,717)	$  31.56
Options exercised under 2005 Plan	(215,612)	$  31.78
Outstanding December 31, 2010	384,507	$  33.24
Options granted under 2005 Plan	340,000	$  46.11
Options exercised under 1997 Plan	(15,000)	$  23.79
Options exercised under 2005 Plan	(183,417)	$  32.69
Options forfeited under 2005 Plan	(16,668)	$  41.52
Outstanding December 31, 2011	509,422	$  42.03	4.69	$         993,000
Exercisable December 31, 2011	335,830	$  41.92	4.35	$         692,000

Schedule of Outstanding Stock Options

			Remaining
Grant	Options	Exercise	Contractual
Date	Outstanding	Price	Life in Years
5/16/2007	15,000	$  34.25	0.01
2/4/2008	7,750	$  29.24	0.02
4/29/2008	15,000	$  30.30	0.04
2/25/2009	15,000	$  25.29	0.03
2/25/2010	15,000	$  35.99	0.09
3/2/2010	48,338	$  34.48	0.78
3/19/2010	50,000	$  37.33	0.81
5/28/2010	13,334	$  41.18	0.22
2/22/2011	60,000	$  45.58	0.49
2/25/2011	270,000	$  46.22	2.20
	509,422		4.69

Schedule of Nonvested Share Activity

	Number of Shares	Weighted Average Grant Date Fair Value
Non-vested December 31, 2010	182,175	$  4.92
Options granted under 2005 Plan	340,000	$  9.91
Options vested under 2005 Plan	(331,915)	$  8.06
Options forfeited under 2005 Plan	(16,668)	$  8.15
	173,592	$  8.37

Summary of Restricted Stock Activity

		Weighted Average
		Remaining
	Number	Vesting Period	Aggregate
	of Shares	(Years)	Intrinsic Value
Non-vested at December 31, 2008	7,025	1.511	$         193,000
Vested during the period	(1,925)	-	-
Non-vested at December 31, 2009	5,100	1.026	189,000
Vested during the period	(1,925)	-	-
Non-vested at December 31, 2010	3,175	0.540	143,000
Vested during the period	(1,925)	-	-
Non-vested at December 31, 2011	1,250	0.095	$           55,000

Summary of Non-Vested Restricted Stock

			Remaining
Grant	Shares	Grant	Vesting
Date	Non-vested	Price	Period
2/4/08	1,250	$29.24	0.095