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Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2012
Deferred Compensation Arrangements [Abstract]  
Schedule of Nonvested Share Activity
The following table summarizes our outstanding non-vested stock options:

 
Number of Shares


Weighted Average Grant Date Fair Value
Non-vested December 31, 2011
173,592


$8.37
Options granted under 2005 Plan
340,000


$6.36
Options vested under 2005 Plan
(336,917
)

$7.37
 
 


 
Non-vested December 31, 2012
176,675


$8.09
Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions
The fair value of each grant is estimated on the date of grant using the Black-Scholes option-pricing model with the following weighted average assumptions:

 
2012
 
2011
 
2010
Dividend yield
6.02%
 
5.9%
 
6.52%
Expected volatility
32%
 
45.71%
 
37.56%
Expected lives
3.9 years
 
3.9 years
 
4.9 years
Risk-free interest rate
0.32%
 
1.11%
 
2.22%
Schedule of Share-based Compensation, Stock Options, Activity
The following tables summarize our outstanding stock options:
 
 
 
 
 
Weighted Average
 
 
 
Number

 
Weighted Average
 
Remaining
 
Aggregate

 
of Shares

 
Exercise Price
 
Contractual Life (Years)
 
Intrinsic Value

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
 
 
 
 
Options granted under 2005 Plan
340,000

 
$47.52
 
 
 
 
Options exercised under 1997 Plan
(19,266
)
 
$33.26
 
 
 
 
Options exercised under 2005 Plan
(618,481
)
 
$43.63
 
 
 
 
Outstanding December 31, 2012
211,675

 
$46.60
 
3.71
 
$
2,102,000

 
 
 
 
 
 
 
 
Exercisable December 31, 2012
35,000

 
$44.08
 
3.14
 
$
436,000



 


 


 
Remaining
Grant
 
Number

 
Exercise

 
Contractual
Date
 
of Shares

 
Price

 
Life in Years
2/4/2008
 
5,000

 
29.24

 
0.1
2/22/2011
 
15,000

 
45.58

 
3.15
2/25/2011
 
56,672

 
46.22

 
3.15
2/21/12
 
135,003

 
47.52

 
4.15

 


 


 

Outstanding December 31, 2012
 
211,675

 


 

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity
The following table summarizes our restricted stock activity:
 
Number of Shares

 
Weighted Average Remaining Vesting Period (Years)

 
Aggregate Intrinsic Value

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

 
0.54

 
$
143,000

Vested during the period
(1,925
)
 

 

Non-vested at December 31, 2011
1,250

 
0.095

 
$
55,000

Vested during the period
(1,250
)
 

 

Non-vested at December 31, 2012