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Stock-Based Employee Compensation (Tables)
12 Months Ended
Dec. 31, 2012
Stock-Based Employee Compensation  
Total Compensation Expense Recognized for Employee Stock-based Compensation

 

 

 
  Employee Stock-Based Compensation  
Classification of expense
  2012   2011   2010  

In thousands

                   

Marketing, selling and administrative expenses

  $ 24,153   $ 23,803   $ 27,598  

Payroll and related expenses

            475  
               

Total Compensation Expense

  $ 24,153   $ 23,803   $ 28,073  
               
Assumptions Used in Black-Scholes Option-pricing Model

 

 

 
  2012   2011   2010

Dividend yield

  1.5%   0.0%   0.0%

Expected stock price volatility

  46.0%   46.0%   45.0%

Risk-free interest rate

  1.1%   2.6%   2.6%

Expected option life

  6 years   6 years   6 years
Summary Stock Option Activity

 

 

Stock Options Activity
  Number of
Options
  Weighted-
Average
Exercise
Price
  Weighted-
Average
Remaining
Contractual
Term
  Aggregate
Intrinsic
Value(1)
 
 
   
   
  (years)
  (in thousands)
 

Outstanding at January 1, 2012

    5,671,658   $ 30.62     6.15   $ 21,887  

Granted

    7,576   $ 26.06              

Exercised

    (906,011 ) $ 16.24              

Canceled

    (324,450 ) $ 30.40              
                         

Outstanding at December 31, 2012

    4,448,773   $ 33.56     4.55   $ 25,522  
                         

Vested and expected to vest at December 31, 2012

    4,367,468   $ 33.54     4.50   $ 25,113  

Options Exercisable at December 31, 2012

    3,329,335   $ 36.24     3.83   $ 12,565  
                         

(1)
The intrinsic value represents the amount by which the fair value of stock exceeds the option exercise price as of December 31, 2012.

        

Summary of Restricted Stock Activity

 

 

Restricted Stock Activity
  Number of
Awards
  Weighted-
Average
Grant Date
Fair Value
 

Non-vested share units at January 1, 2012

    1,372,225   $ 15.67  

Granted

    599,163   $ 30.03  

Vested

    (613,650 ) $ 30.19  

Canceled

    (161,298 ) $ 26.00  
             

Non-vested share units expected to vest as of December 31, 2012

    1,196,440   $ 14.02  
             
Summary of Performance share activity

 

 

Performance Share Activity
  Number of
Awards
  Weighted-
Average
Grant Date
Fair Value
 

Non-vested share units at January 1, 2012

      $  

Granted

    329,088   $ 30.16  

Vested

      $  

Canceled

    (40,595 ) $ 25.74  
             

Non-vested share units expected to vest as of December 31, 2012

    288,493   $ 30.78